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Did the Government Settlement with Major Banks Over Foreclosure Violation Ultimately Help Homeowners and Stop Future Foreclosures?

Posted by AcclaimLegalService

Last month federal regulators announced a settlement of $8.5 billion dollars with 10 major banks to satisfy claims of foreclosure proceeding violations.  This breakdown is $3.3 billion in direct payments to borrowers.  The remaining part of the settlement will go to such things as debt forgiveness and loan modifications totaling $5.2 billion.  So how will this money really be used? - and more importantly,…

Read more | Feb 25, 2013

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Acclaim Legal Services staff was outstanding! Turnaround time was usual within 24-36 hours in response to a question!  The Attorneys give you good advice and really care about their clients!   High recommendation given!
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(Eastpointe, Michigan)

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(White Lake, Michigan)

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