Relevant:
- Bank Of America Hasn't Modified Any Mortgages, As It Had Agreed To
- Few Homeowners See Benefit From National Mortgage Settlement, Three Months Later
- Banks report $51 billion in consumer relief in mortgage settlement
- Bank of America praised, criticized for homeowner relief
- ABC on the $25 Billion Settlement and Where it's Going
2012-07-02 — aol.com
In the settlement, the nation's five largest mortgage lenders --Bank of America, Wells Fargo, J.P. Morgan Chase, Citigroup and Ally Financial -- agreed to pay $5 billion in fines and committed to roughly $20 billion more in refinancing and mortgage modifications for borrowers.
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