Thursday, February 21, 2013

Big Banks Still Exploiting The Foreclosure Fraud Settlement

Big Banks Still Exploiting The Foreclosure Fraud Settlement: The banks involved in last year’s foreclosure abuse settlement are spending more money to get bad loans off of their books than they are on directly reducing the amount homeowners owe on their mortgages, according to a new report from the settlement’s overseer released Thursday. Five large banks reached a $25 billion settlement with the [...]/p