Relevant:
- 2 Big Banks Face Suits In Mortgage Pact Abuses
- BofA offers 30,000 borrowers $4.75 billion in principal reductions
- 50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Big Banks?
- Quelle Surprise! 50 State Attorneys General Settlement Talks Beating a Retreat
- $25B deal with banks over deceptive foreclosure practices sent to AGs as settlement nears
2012-12-31 — nytimes.com
Under the settlement, a significant amount of the money, $3.75 billion, would go to people who have already lost their homes, making it potentially more generous to former homeowners than a broad-reaching pact in February between state attorneys general and five large banks. That set aside $1.5 billion in cash relief for Americans.
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