Monday, July 7, 2014

Homeowners Get $3.1. Billion in Pact With Mortgage Banks by THE ASSOCIATED PRESS



By THE ASSOCIATED PRESS


A report by the Federal Reserve says homeowners have received $3.1 billion in cash under a federal settlement with 13 big banks over allegations of misconduct in processing mortgages that may have resulted in wrongful foreclosures.


Published: July 8, 2014 at 4:00AM


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