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LaMonica Herbst & Maniscalco, LLP.
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Monthly Archives: April 2011

Banks Gain Edge in Talks on Foreclosure Penalties as Fed, Agencies Settle

  April 7, 2011     David A. Blansky, Esq.  

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
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