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Settlement Debt Relief News

Foreclosure settlement with major banks close to completion - Los Angeles Times


Los Angeles Times

Foreclosure settlement with major banks close to completion
Los Angeles Times
About $17 billion is expected to go toward direct relief to borrowers, a big chunk of that being principal reductions, or the write-downs of mortgage debt, as well as other kinds of loan modifications or assistance. About $3 billion would go toward ...
States Negotiate $26 Billion Deal for HomeownersNew York Times
Report: Attorneys General Near $25B Foreclosure Settlement With Big BanksForbes
BIG BANKS NEAR PACT TO SETTLE ALLEGED ABUSESU-T San Diego
Reuters -San Francisco Chronicle
all 481 news articles »

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Robocallers Who Claimed to Reduce Credit Card Interest Rates Shut Down - Statesboro Business News


Robocallers Who Claimed to Reduce Credit Card Interest Rates Shut Down
Statesboro Business News
The Federal Trade Commission has reached a settlement with four of the defendants in an allegedly phony debt relief services operation that claimed that, for $995, it would dramatically reduce consumers' credit card interest rates. Under the settlement ...

and more »

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Agreement on foreclosure settlement said to be close - Sun-Sentinel


Agreement on foreclosure settlement said to be close
Sun-Sentinel
About $17 billion is expected to go toward direct relief to borrowers, a big chunk of that being principal reductions, or the write-downs of mortgage debt, as well as other kinds of loan modifications or assistance. About $3 billion would go toward ...

and more »

Read more...


Details of multi-state foreclosure settlement days away - Lansing State Journal


Details of multi-state foreclosure settlement days away
Lansing State Journal
Ingham County Register of Deeds Curtis Hertel Jr. was weighing the knowns and unknowns of a multi-state foreclosure settlement, a deal that will allow a few major banks and mortgage services to trade cash and debt forgiveness for a certain amount of ...

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Credit card lenders express concern over CFPB - Debtmerica Relief


Credit card lenders express concern over CFPB
Debtmerica Relief
Lenders have expressed concerns that heavier regulation of these plans will only lead to more debt relief issues for cardholders enrolled in them, but recent studies have highlighted that card issuers only return about 21 cents from every dollar paid ...

and more »

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Beware of TV 'debt relief' companies - Blue Mountains Courier-Herald


Beware of TV 'debt relief' companies
Blue Mountains Courier-Herald
On a weekly basis, our office sees examples of how 'debt settlement' companies like this one actually affect people's lives. One example is a couple in their 70s seen last week. Struggling with debt, the couple contacted a 'debt relief' company ...
The Naked Truth Behind Debt Relief & Settlement CompaniesPR Web (press release)

all 4 news articles »

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Eyes on dissident states as US mortgage deal nears - Reuters


Los Angeles Times

Eyes on dissident states as US mortgage deal nears
Reuters
... formally declines settlement offer By Aruna Viswanatha and Karen Freifeld Feb 7 (Reuters) - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed US homeowners could be announced as early Thursday, ...
Delaware officials wrestle over mortgage dealBaltimore Sun
Running Robo-Settlement NumbersCNBC.com
California negotiating with banks over mortgage settlementLos Angeles Times
NEWS.GNOM.ES (press release) -International Business Times
all 778 news articles »

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