Feds Replace Flawed Foreclosure Review With Vague $8.5 Billion Settlement
Banking regulators admitted the Independent Foreclosure Review was a big expensive mess and shut it down. But many details about the $8.5 billion settlement that replaces it remain murky.
Banks and the government have fallen short in helping homeowners in danger of foreclosure.
Latest Stories in this Project
- Bank of America Lied to Homeowners and Rewarded Foreclosures, Former Employees Say
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- Cheat Sheet: BofA Supplied Default Answers for 'Independent' Foreclosure Claims Reviewers
- Exec Who Allegedly Enabled Fraud Runs Chase’s Effort to Compensate Foreclosure Victims