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| UPDATE 4-U.S. banks agree to $25 bln in homeowner help - CNBC The deal, to be spread out over three years, requires the banks to cut mortgage debt amounts and extend $2,000 payments to borrowers who lost their homes to foreclosure ... from Iowa and Roy Cooper from North Carolina, holed up at National Association ... |
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| Banks make $25 billion mortgage settlement - Bankrate.com While that may not seem like a lot for people who lost their homes because of bank misconduct ... The new rules will be overseen by Joseph Smith, North Carolina's banking commissioner, who will monitor the settlement. For more information on the settlement ... |
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| Feds, states, banks agree to mortgage settlement - USA Today The conditions of the settlement will be overseen by Joseph Smith Jr., North Carolina's banking commissioner ... averaging $1500 to $2000, if they lost homes to foreclosure from 2008 to the end of 2011. The relief must be extended within ... |
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| Remarks by the President on the Housing Settlement - Whitehouse.gov (press release) We've got Attorney General George Jepsen from Connecticut; Roy Cooper, Attorney General from North Carolina; Lisa Madigan from my ... It cost millions of innocent Americans their jobs and their homes. And it remains one of the biggest drags ... |
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| Banks Agree to $25B Deal to End Probe - Bloomberg “There are something like 10 million-plus homes under water to the tune of half a trillion ... The resolution also establishes a monitor, Joseph A. Smith Jr., North Carolina’s banking regulator, to track compliance with the terms of the ... |
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