Relevant:
- HUD: Mortgage Settlement Monitor Reports Eight 'Fails' in Bank Testing Results
- BofA offers 30,000 borrowers $4.75 billion in principal reductions
- Citi to pay $7 billion in Justice settlement
- Borrowers to get $8.5 billion in foreclosure and mortgage settlement
- Nevada Says Bank Broke Mortgage Settlement
2012-08-12 — housingwire.com
U.S. Bank ($33.03 0.01%) is in talks with the Justice Department and state attorneys general to sign onto the $25 billion mortgage servicing settlement struck in March.
The bank services roughly $207.4 billion in mortgages, including loans guaranteed by the Federal Housing Administration, Fannie Mae and Freddie Mac. It is one of the 10 largest
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