Relevant:
- Turns out much-hyped settlement still allows banks to steal homes
- Number of homes entering foreclosure plunges in California
- Foreclosure activity declines as lenders review legal procedures
- HSBC Reaches $470 Million Accord Over Foreclosure Abuses
- New Jersey Appeals Court Shoots Down Foreclosure Over Bad Documents
2013-01-19 — huffingtonpost.com
``Under the deal, 12 mortgage lenders will pay more than $9 billion to compensate hundreds of thousands of people whose homes were seized improperly, a result of abuses such as "robo-signing." That's when banks automatically approved foreclosures without properly reviewing documents.''
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