California not among states that OK bank settlement

7 Feb
25 Billion Dollars

25 Billion Dollars (Photo credit: Andrew Turner)

California not among states that OK bank settlement

——————–

More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms.

By Alejandro Lazo and Jim Puzzanghera, Los Angeles Times

February 7 2012

Reporting from Los Angeles and Washington — More than 40 states signed onto a proposed $25-billion settlement with major mortgage servicers over faulty foreclosure procedures, but California, New York and other key states were still not among them.

The complete article can be viewed at:

http://www.latimes.com/business/realestate/la-fi-foreclosure-settlement-20120207,0,5999524.story

Advertisements

One Response to “California not among states that OK bank settlement”

  1. timothymccandless February 7, 2012 at 3:32 pm #

    Reblogged this on litigation and damages for lenders bad acts.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: