Relevant:
- Banks say they have given $26 billion in homeowner relief so far
- Four Whistleblowers Who Sounded the Alarm on Banks' Mortgage Shenanigans
- Regulators Warn Banks Not to Flout $25 Billion Foreclosure Deal
- After Mortgage Settlement, Banks Continued Abusive Practice, California Monitor Says
- Are banks sidestepping the foreclosure settlement?
2013-06-19 — charlotteobserver.com
``Last year's $25 billion settlement was supposed to eliminate the practice. But after push-back from banks and industry groups, the settlement's final rules ultimately gave banks leeway in many cases to schedule foreclosure dates while homeowners still scrambled to get their loans modified.
The Observer brought the discrepancy to light earlier this year. The newspaper found that banks had been sending foreclosure notices and scheduling court hearings and eviction dates, while homeowners in North Carolina and around the country were still filing paperwork for a loan modification.''
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