2013-07-29nasdaq.com

``These servicers, including Bank of America Corp. ( BAC ), J.P. Morgan Chase & Co. ( JPM ) and Wells Fargo & Co. (WFS), agreed to pay $3.6 billion in cash to nearly 4.2 million homeowners and provide $5.7 billion in other relief, such as loan assistance to borrowers.

ResCap in February asked Judge Glenn if it could get out of the program without facing punishment from the Fed, a request that is now moot with the approved settlement.''



Comments: Be the first to add a comment

add a comment | go to forum thread