Bad mortgage settlement includes Ohio (The Cincinnati Enquirer)
6 Oct 2008 at 9:31am
Facing a lawsuit over deceptive mortgage practices, an arm of Bank of America Corp. has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, including Ohio, just days after the federal government adopted a giant financial rescue package without any relief for distressed homeowners.
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.
Countrywide to Set Aside $8.4 Billion in Loan Aid (New York Times)
6 Oct 2008 at 5:48am
Countrywide Financial has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, just days after the federal government adopted a giant financial rescue package without any relief for distressed homeowners, The New York Times?s Gretchen Morgenson reports.
Mortgage help being shifted away from Ohio (The Columbus Dispatch)
3 Oct 2008 at 3:52am
If the $700 billion mortgage-lender bailout leaves you shaking your head, wondering when struggling homeowners will get theirs, consider this:
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