U.S., states near settling with more mortgage servicers on abuses

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U.S., states near settling with more mortgage servicers on abuses

U.S., states near settling with more mortgage servicers on abuses

Reuters-

Federal and state officials are close to entering another round of settlements to resolve robo-signing and other foreclosure abuses by mortgage servicers, according to government officials familiar with the matter.

The advancement in the settlement discussions comes one year after the Justice Department and state attorneys general announced a related $25 billion deal with five major banks.

Talks with three additional servicers are at an advanced stage and announcements could come in the next month or two, said the officials, who asked not to be named. They would not disclose which servicers are close to settling.

[REUTERS]

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One Response to “U.S., states near settling with more mortgage servicers on abuses”

  1. Joe says:

    The writer in this article is lying about things. Plus everything in the article is for the governments pocket. Maybe they will try to give homeowners a couple of dollars. after the settlement the government will say oh we had to use the money from the settlement on government projects.This government is all lies Obama’s state of the union address was all lies. Don’t believe any of it

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