For the last 16 months the major mortgage servicers and the Attorney Generals for all 50 states have been in some form of negotiations regaring a settlemnt of of the mortgage servicer filing false documents with courts arround the country. Last night an announcement was made that a deal had been reached. At this time it appears that each instance of robosigning has been valued at $2000.
At present it appears taht this settlement is limited to robosigning and does not ...
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Don’t let it be said that Ebeneezer Scrooge works for Fannie Mae. Yesterday the mortgage giant and publicly funded lender made the announcement that it would voluntarily stop evictions between December 19 and January 2. Fannie Mae and its servicers won’t stop foreclosures– they just wont be having the sheriff’s deputies come to your home and put your tree out in the street.
Kentucky Justice Association
National Bankruptcy Forum
National Organization of Social Security Claimants' Representatives