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Real Estate & Property Law

: The Home Equity Theft Reporter

Spooked Home Loan Industry Looks To Dodge Criminal Responsibility For Robosigner Mess Through Settlement Talks With State AGs

By r morris

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The Washington Post reports:State attorneys general and the country's biggest lenders are negotiating to create a nationwide fund to compensate borrowers who can prove they lost their home in an improper foreclosure, state and industry officials said. The fund would present a solution for both sides, helping banks avoid lengthy and costly court challenges from homeowners and aiding state

Full post as published by The Home Equity Theft Reporter on November 18, 2010 (boomark / email).

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