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| Banks agree to $26B foreclosure settlement - MSN Money Another $3 billion will go to provide refinancing opportunities to borrowers who are current on their mortgages but have no equity in their homes. The program will ... expect close to 50 states to participate. California Attorney General Kamala Harris ... |
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| Mortgage Deal Props Up California House of Cards: Steven Greenhut - Bloomberg In California’s coastal communities, it can take years to gain the government approvals necessary to build a new subdivision, so the market couldn’t respond. As a result, the stock of existing homes soared in price and builders went into the ... |
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| Foreclosure Deal to Spur Home Seizures, Help Heal the Market - Businessweek Foreclosure starts fell 46 percent in December from October 2010, when the investigation into the so-called robo-signing of mortgage documentation began, according to Irvine, California ... homes are worth, according to CoreLogic Inc., a real ... |
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| Banks, states reach $26 billion foreclosure deal - Marketwatch In the end, 49 states participated in the settlement, including California and New York which had previously ... who are current on their mortgages but have no equity in their homes. The program will be similar to an existing Obama ... |
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| $25 billion settlement reached with 5 largest mortgage lenders over foreclosure abuses - Sun Sentinel The deal will reduce loans for only a fraction of those Americans who owe more than their homes are worth ... director of the University of Southern California's Lusk Center for Real Estate. Federal and state officials announced that 49 states joined ... |
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