Tag Archives: Sitting In A Room

Robo-Deal Is All About Lowering Mortgage Principal

It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco. Five of the nation’s largest servicers will cough up more than $25 billion, the bulk of … Continue reading

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Refi’s in Big Bank Foreclosure Settlement: Not Worth It

It is now almost exactly a year since news headlines screamed of a scandal at the big banks involving faulty foreclosure paperwork and fraud. Stories of one lowly bank clerk sitting in a room signing hundreds of foreclosure documents added … Continue reading

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