Monthly Archives: April 2011
Banks Gain Edge in Talks on Foreclosure Penalties as Fed, Agencies Settle
Bank of America Corp. BAC, Wells Fargo & Co. WFC and fellow mortgage servicers are more likely to dodge a threatened $20 billion in penalties for faulty foreclosures after U.S. agencies cut ahead of the states by signing deals without fines. A task force of 50 state attorneys general already was arguing internally over proposed [...]
Posted in Foreclosure
Comments Off

