Relevant:
- Banks Waiting on Filing Nearly 30,000 New Jersey Foreclosures
- 50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Big Banks?
- Spanish Banks Hit Recovery With Discriminatory Loans: Mortgages
- Flaws Jeopardize New Attempt to Help Homeowners
- New York State Foreclosure Mediation Shows Glimmers of Hope in Helping Homeowners
2012-02-07 — bloomberg.com
"Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe."
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