Foreclosed Homeowners Could Receive Small Checks Under Big Bank Foreclosure Fraud Settlement

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Foreclosed Homeowners Could Receive Small Checks Under Big Bank Foreclosure Fraud Settlement

Foreclosed Homeowners Could Receive Small Checks Under Big Bank Foreclosure Fraud Settlement

Those of you who accept this better save these “pennies” so when they try to come at you with a deficiency!

Start planning ahead because they already are.

 

HuffPO-

The deal as currently stands would extract $17 billion worth of mortgage modifications and principal reduction for struggling borrowers, among other things, according to a source familiar with the situation. Another $3 billion would be set aside to boost refinancing. And from $5 billion paid directly to state and federal governments, foreclosure victims abused by one of the five banks would be eligible for restitution payments of around $1,500 or $2,000.

[HUFFINGTON POST]

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3 Responses to “Foreclosed Homeowners Could Receive Small Checks Under Big Bank Foreclosure Fraud Settlement”

  1. Bryan says:

    This will cause a major uprise of pissed off people.

  2. debi p says:

    We all need to know how to opt out of this asap. Do u know how we can all do that? This is purposterous and disgusting I can hardly take this any more. The banks r moving all the traunches over seas! Check out the trsust now and their new filings! Can u say caymans everyone? This is so sick n worng. The devil is in full force now! Its gonna get ugly!!! Debi 5613899339

  3. Gloria johnsen says:

    Bof.a recontrust wrongfully foreclosed and sold my home. I have robo signers and all other bs. In arizona and need help. Occ stateing all was in full compliance. Bloomberg audit shows robos. Is the federal gov ernment in collusion with the banks.

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