Sentences with phrase «foreclosure abuses»

This is part of a national settlement over foreclosure abuse that totaled $ 25 billion.

A federal agency overseeing Fannie Mae and Freddie Mac is being blamed for being unresponsive on numerous complaints of foreclosure abuse and mortgage fraud.

A new report finds that the federal agency overseeing Fannie Mae and Freddie Mac was unresponsive to nearly 100 complaints about foreclosure abuse and mortgage fraud in a two - year time period, failing to report complaints of abuse to investigators.

The federal agency overseeing Fannie Mae and Freddie Mac, the taxpayer - owned mortgage finance giants, failed to refer to criminal investigators and other authorities almost 100 complaints about possible foreclosure abuse and mortgage fraud at the companies over a recent two - year period, according to a report issued late Tuesday by the inspector general of the Federal Housing Finance Agency.

Eric Schneiderman, the New York State attorney general, will be a co-chairman of the group, and he has refused to support a settlement being worked out between big banks most responsible for foreclosure abuses and federal agencies and some state attorneys general.

The inspector general examined 585 e-mail complaints from the FHFA and found that 68 described potential foreclosure abuses and 27 involved suspicions of fraud.

Victims of foreclosure abuses will be made whole.

Also today, BofA and other banks are expectd to settle claims related to alleged foreclosure abuses.

NEW YORK — The federal agency overseeing Fannie Mae and Freddie Mac, the taxpayer - owned mortgage finance giants, failed to refer to investigators almost 100 complaints about possible foreclosure abuse and mortgage fraud over a recent two - year period, according to a report by the inspector general of the Federal Housing Finance Agency.

More than $ 3.6 billion in mortgage relief has so far been given to Florida homeowners as part of a national settlement over foreclosure abuses and unacceptable mortgage servicing practices, Attorney General Pam Bondi announced Monday.

Attorney General Eric Schneiderman today announced a $ 470 million joint state - federal settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing, and foreclosure abuses.

WASHINGTON — U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced on 02/09/12 that the federal government and 49 state attorneys general have reached a landmark $ 25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses.

Earlier this year, the Department of Justice, Department of Housing Urban Development (HUD) and 49 state attorneys general reached a landmark agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses.

The group is pressing State Attorneys General, who are currently in settlement talks with the nation's largest banks over allegations of foreclosure abuses, to stand firm on its request for principal reductions for underwater borrowers.