The New York Times on Tuesday reported the existence of
the mortgage settlement talks, including one discussion in which a roughly $ 20 billion fine was briefly floated.
Not exact matches
In an interview with public radio, NYS Attorney General Eric Schneiderman
talks about the
mortgage foreclosure
settlement reached with some major banks.
The ongoing
settlement talks may include as much as a $ 20 billion fine to banks as well as require them to cut loan balances of some borrowers and revamp their
mortgage servicing standards.
Wells Fargo is said to be in
settlement talks with the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) over
mortgage lending and auto insurance abuses.