Banks to pay service members for improper foreclosures
2 lenders agree to $22 million settlement with 178 families who lost their homes in violation of U.S. law that was supposed to protect the military.
Posted by Teresa at MSN Real Estate on Friday, May 27, 2011 10:42 AM
That comes out to about $124,000 each for the 178 families who lost their homes when they shouldnt have. The lenders have agreed to pay more if more improper military foreclosures are discovered.
http://realestate.msn.com/blogs/listedb … ;GT1=35000
isn't that nice?...soldiers are risking their lives to keep the bankers safe and the bankers foreclose on their homes...big business is all heart..
by GL Bell7 years ago
Just saw this on morning news...If this is true than we have seen nothing yet...
by pgrundy7 years ago
This is hitting South Bend now, where I grew up. I have a house there with a renter in it that I"m about to lose:http://www.nytimes.com/2009/03/30/us/30 … y.html?hpwIt's so bizarre. The industrial midwest is...
by tritrain6 years ago
I have a serious question about the state of Americans and all the job losses, defaulted loans, housing market collapse, etc.Should the government have a one-time reprieve for people that have been damaged by all...
by Leaderofmany5 years ago
The time between when the Soldier leaves the service with one disability rating from 0% to 100% from the service to receive the VA rating from 0% to 100% takes a year or longer. In the mean time depending on the rating...
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