Feds Replace Flawed Foreclosure Review With Vague $8.5 Billion …

The headline number for the settlement is $8.5 billion, but that includes $5.2 billion in “credits” the banks will receive for actions they take to avoid foreclosures, such as providing loan modifications . That's very similar to the separate $25 billion settlement reached last …. Credit.com News & Advice provides readers with unique insight, helpful tips and straight answers about their financial world.

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Feds Replace Flawed Foreclosure Review With Vague $8.5 Billion …