Top officials in the Obama administration hoped for a quick settlement to a major lawsuit brought by state attorneys general over
bad foreclosure practices.
Not exact matches
The New York State attorney general had just had one of the most important weeks of his career: The previous day, he and other state attorneys general had announced a settlement with big banks over
bad mortgage
foreclosure practices — a deal that Schneiderman had blocked for months before forcing a change to allow further claims against the banks.
Under sweeping new rules passed last week, the 18 - month - old federal agency moved to help protect consumers from the
worst sorts of predatory lending
practices and shoddy underwriting standards that helped cause a dramatic increase in mortgage delinquencies and consequently the country's recent
foreclosure crisis.
This course identifies the history of mortgage, the
foreclosure process,
bad practices and fraud in
foreclosure.