Finally, A Foreclosure Settlement (Maybe)
WASHINGTON (CNNMoney.com) — States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home’s value.
That means federal officials and states attorneys general could be days away from announcing a deal with some of the nation’s largest banks that could yield $20 billion to $25 billion for those homeowners.
Read more at Finally, a foreclosure settlement (Maybe).
Tags: avoiding foreclosure in ma, ma mortgage news, underwater homeowners in ma, underwater loans in ma
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Lew Corcoran
Licensed Real Estate Professional
Certified Short Sale Guide
REO Asset Professional
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