Borrowers to get $8.5 billion in fore...

Borrowers to get $8.5 billion in foreclosure and mortgage settlement

There are 2 comments on the WTVM story from Jan 10, 2013, titled Borrowers to get $8.5 billion in foreclosure and mortgage settlement. In it, WTVM reports that:

Some 3.8 million homeowners will share in an $8.5 billion settlement over improper foreclosure and mortgage servicing practices, the Federal Reserve and Office of the Comptroller of Currency has announced.

Join the discussion below, or Read more at WTVM.

qta

Wimauma, FL

#1 Jan 10, 2013
What about the harm these banks have to the folks who are paying their mortgage. What legal recourse do we have!!! Do you think these banks will admit to bilking us for billions and billions. I think not, they are not our friends.
maf

Hartford, CT

#2 Jan 10, 2013
So at face, everyone gets an average of $2236.
We;re rich I tell you, RICH!!!

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Personal Finance Discussions

Title Updated Last By Comments
News Analysis: Tax cuts, spending to raise deficit t... 50 min Say What 67
News Should you be worried about Social Security and... Sun TIMBUKTU 83
News Lawsuit: CU Regent John Carson allegedly discri... (Aug '17) Sun Messenger of Love 14
News Emergency rooms often the only dialysis option ... Jun 16 ONLYONETERM 4
News Social Security: Jun 13 Dan 3
News The Social Security Funding Crisis Isn't 2034, ... Jun 13 Indict AIPAC 1
News Government: Medicare will become insolvent in 2... Jun 13 yidfellas steal 24