Friday, February 22, 2013

Mortgage settlement yields roughly $53M for Kansas homeowners

A settlement with the country’s five largest mortgage-lending companies yielded nearly $53 million in assistance for Kansas homeowners last year.Attorney General Derek Schmidt announced the figure Friday, saying the settlement affected more than 1,400 homeowners who got mortgage relief averaging nearly $37,000.Kansas and the federal government are part of a nationwide settlement with Ally Financial (formerly GMAC), Bank of America, Citigroup, JPMorgan Chase and Wells Fargo.The class-action…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

No comments:

Post a Comment