Foreclosure Strategies
May 10 2018
The best way to deal with a foreclosure is to take aggressive legal action when the foreclosure laws... [Read More...]
August 5, 2013 By
Mr. Schneiderman stated at a recent news conference “Wells Fargo and Bank of America have flagrantly violated their obligations under the settlement.” In his interview he said that homeowner’s have been faced with “banks, who in some cases, never even bothered to respond or correct errors in applications on mortgage modifications.”
Nationwide Settlement
In the nationwide settlement, 5 large banks agreed to pay $25 billion in damages to mortgage holders and follow a course of conduct involving loan servicing standards which were designed to protect homeowners. Attorney General Schneiderman said the standards were designed to speed up the process for home loan modifications.
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