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National Mortgage Deal

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Big Banks Say They've Done Their Part To Help Troubled Borrowers

Posted 05.22.2013 | Business

Bank of America and JPMorgan Chase say they’ve fulfilled their obligations to troubled borrowers mandated by a settlement the banks agreed to last y...

U.S. Alleges Struggling Homeowners Lost $1 BILLION To Scams

AP | PETE YOST | Posted 12.09.2012 | Business

WASHINGTON (AP) — Federal investigators have charged 530 people for allegedly defrauding more than 73,000 desperate homeowners around the country wh...

State Using Money Intended For Homeowners To Lure Corporations

Posted 06.18.2012 | Business

Another state is using the money set aside to help struggling homeowners to do something else besides help struggling homeowners. Georgia is using...

Some Homeowners With BofA Loans May Get A Lucky Note In The Mail

AP | ALEX VEIGA | Posted 07.08.2012 | Business

LOS ANGELES — Homeowners with a Bank of America mortgage have good reason to check their mailbox. The lender said Tuesday it has begun mailing ...

Massachusetts Foreclosure Help Line Receiving 300 Calls Per Day

Posted 05.03.2012 | Business

In Massachusetts homeowners are apparently freaking out about the possibility of foreclosure. A recently-launched hotline aimed at helping homeow...

Foreclosure Deal Documents Lack Detail On Banks' Alleged Misdeeds

Reuters | Posted 05.12.2012 | Business

* Previously announced pact filed in federal court * Banks commit to $25 bln, much as mortgage relief * Ally Financial n...

Even More Money Meant For Struggling Homeowners Used To Close Deficits

AP | DAVID A. LIEB | Posted 04.23.2012 | Business

JEFFERSON CITY, Mo. — The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to ...

There's No Bank 'Settlement' -- That Was All Election PR

Abigail Caplovitz Field | Posted 04.15.2012 | Business
Abigail Caplovitz Field

What are "Agreements in Principle"? Everyone in the know knows there's no deal yet, just promises from the ever-so-trustworthy bankers and the Feds that cater to them.

How One Official's Big Bet Paid Off

The New York Times | SHAILA DEWAN | Posted 02.14.2012 | Business

LOS ANGELES -- Kamala D. Harris, the attorney general of California, could have derailed a nationwide settlement with big banks over home foreclosure ...

Loren Berlin

National Mortgage Settlement All But Inevitable As California, New York Join Deal | Loren Berlin | Posted 02.09.2012 | Business

A settlement between the nation's largest banks and the government over allegations of widespread mortgage fraud could come as early as Thursday, capp...

California And New York Mulling Signing On To National Mortgage Deal

AP | DEREK KRAVITZ | Posted 04.07.2012 | Business

WASHINGTON — California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a de...

Loren Berlin

California Still Not Joining National Mortgage Settlement | Loren Berlin | Posted 01.30.2012 | Business

One day after New York Attorney General Eric Schneiderman was named co-chairman of a federal mortgage fraud task force, California Attorney General Ka...

Obama Expected To Tout Foreclosure Settlement Tomorrow

AP | DEREK KRAVITZ | Posted 03.24.2012 | Business

WASHINGTON — The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeo...