Some mortgage relief for local residents (Seattle Post-Intelligencer)
6 Oct 2008 at 1:42pm
Bank of America will give 9,500 Washingtonians about $200 million in help to keep their homes, and contribute more money to help people who already lost their homes or will have to move into rentals.
Lender settles mortgage lawsuit (San Diego Union-Tribune)
6 Oct 2008 at 3:05am
Countrywide Financial has agreed to the largest program ever to modify home loans as part of a settlement with officials in 11 states, including California. Countrywide, the nation's largest lender and loan servicer that was recently acquired by Bank of America, had been sued by the states over what they said were predatory lending practices.
22,000 Illinoisans Could Benefit From Countrywide Settlement (NBC 5 Chicago)
6 Oct 2008 at 3:05pm
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.
Countrywide to pay $10M for bad loans (Detroit News)
6 Oct 2008 at 10:23pm
More than $9.8 million will be paid to assist Michigan homeowners who have lost their homes to foreclosure and nearly 10,000 residents will be able to refinance their mortgages at lower rates.
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