
Apparently No One Told BofA About the Mortgage Servicers Settlement Progress Report
Back in February, the five biggest U.S. mortgage servicers reached a $25 billion settlement with states attorneys general investigation over foreclosure practices.
The terms of the settlement were fairly complex: The servicers would pay about $5 billion in direct payments to states and borrowers, and provide about $20 billion in so-called consumer relief. So much Read More