The Other Foreclosure Settlement: Millions of Homeowners Eligible

Tap the $26 billion recent settlement between the state attorneys general and the nation’s 5 biggest banks. Or, there’s an earlier settlement that could lead to an even bigger payoff, in some cases.

Palm Coast, FL – February 21, 2012


NEW YORK (CNNMoney) — Millions of borrowers who suffered financial losses because their mortgage lenders played fast and loose while processing their foreclosures now have two ways of getting a payback.
 
They can tap the $26 billion settlement between the state attorneys general and the nation’s five biggest banks that was inked two weeks ago.
 
But there is also an earlier settlement that has been nearly forgotten — and that could lead to an even bigger payoff, in some cases.
Read More >>>> CNN Money [Feb. 20, 2012]
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