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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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| Missed Super Bowl Amid Frantic Talks Led to $25 Billion Mortgage Agreement - Bloomberg The deal comes more than a year after attorneys general from all 50 states announced a probe into foreclosure practices following disclosures that banks were using faulty documents to seize homes ... The Charlotte, North Carolina-based bank ... |
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| States, banks reach foreclosure-abuse settlement - The Guardian AP Real Estate Writer= WASHINGTON (AP ... The settlement will be overseen by Joseph A. Smith Jr., North Carolina's banking commissioner. Lenders that violate the deal could face $1 million penalties per violation and up to $5 million for repeat ... |
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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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