The long awaited mortgage foreclosure Robo-signing settlement has finally been agreed-to by the Federal government and the 5 key banks. The $25 billion (thats Billion with a B) settlement, announced yesterday, is expected to help many borrowers who are struggling to make their loan payments, owe more than their homes are worth or have lost their homes to foreclosure.
A lot has been written about this deal, but the Wall Street Journal has compiled a Q&A that should be very helpful. Check it out....
Friday, February 10, 2012
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