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In reply to the discussion: Banks, states reach $26 billion settlement [View all]tridim
(45,358 posts)13. The settlement allows individuals to still sue in cases like that.
The $2000 payments are for otherwise legit foreclosures that used fraudulent paperwork and/or cases that didn't allow borrowers access to the HAMP law.
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"Not one indictment." Hardly surprising, the bankers buy and sell politicians exactly
cstanleytech
Feb 2012
#2
Chill wind, that $1,500 to $2,000 should be used by the homeowner as a retainer for competent legal
ms.smiler
Feb 2012
#9
Your payments have nothing to do with the party who brought a foreclosure action against you.
ms.smiler
Feb 2012
#30
Record Shadow Housing Inventory, And How Obama May Have Just Popped The Consumer Spending Bubble
Roland99
Feb 2012
#33
heyhey now, don't be so demanding!! we're contemplating a 0,01 % tax on derivatives transactions
BelgianMadCow
Feb 2012
#43
I say we hand over banking to bureaucrats and let financiers borrow and bet their own money.
Festivito
Feb 2012
#45
Well, well, well...looks like business will be picking up for the criminal class.
Safetykitten
Feb 2012
#38
The "fix" is in: National Mortgage Settlement is a done deal-Crime Pays! Great Bizness Model!
solarman350
Feb 2012
#42