Tag Archives: national mortgage settlement
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In an earlier blog published 10-30-12, we tracked some of the developments in the so-called “historic” National Mortgage Settlement (NMS) with Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally which was announced in February, 2012. To review: The NMS encouraged these five “bad actors” to reach out and actively solicit homeowners for loan modifications,… Read More »
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In an earlier blog, we noted that in February, 2012, an historic National Mortgage Settlement (NMS) was announced with five of the largest mortgage servicers: Bank of America JPMorgan Chase Wells Fargo Citimortgage Ally/Gmac (Ally) The settlement addressed charges that these five creditors had “robo-signed” foreclosure affidavits and “back-dated” foreclosure documents in order to speed up foreclosures… Read More »