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Deal Reached for US Homeowners in Massive Foreclosure Case

Posted February 9th, 2012 at 1:25 pm (UTC-5)
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U.S. President Barack Obama said Thursday that a $25 billion deal with banks is a “major step” toward reviving the troubled housing market, and turns the page on an era of “recklessness.” Banks have agreed to cut the amount of money some homeowners owe, allow others to refinance their loans at lower interest rates, and […]

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Deal Reached for US Homeowners in Massive Foreclosure Case

Posted February 9th, 2012 at 11:50 am (UTC-5)
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Legal officials from the federal government and many states announced a $25 billion deal Thursday with five major U.S. banks over widespread complaints about the way lenders handled thousands of foreclosures growing out of the financial crisis. U.S. Attorney General Eric Holder and top state legal officials have been haggling with the largest U.S. mortgage […]

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A Deal For US Homeowners In Massive Foreclosure Case

Posted February 9th, 2012 at 11:30 am (UTC-5)
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A complex and controversial legal battle over the way banks foreclosed on thousands of U.S. homeowners moved a step closer to resolution Thursday, as state and federal officials announced an agreement with five major banks that may be worth $25 billion or more. The deal reduces the amount of money some homeowners owe to banks, […]

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Deal Reached for US Homeowners in Massive Foreclosure Case

Posted February 9th, 2012 at 10:40 am (UTC-5)
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A complex and controversial legal battle over the way banks foreclosed on thousands of U.S. homeowners moved a step closer to resolution Thursday, as state and federal officials announced an agreement that may be worth $25 billion or more with five major banks. . The deal reduces the amount of money some homeowners owe to […]

Tags: , Posted in Economy

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