Wednesday, February 22, 2012

Mortgage Settlement Agreement

By now, most people have heard the term "robo signing", and also are aware that this practice has been widely challenged as a contributing factor to the current foreclosure woes.

Recently a settlement agreement was reached to assist homeowners who obtained a mortage with certain lenders.   The agreement has been approved in 49 states.

You can read more about it:  "Robo-Signing" Agreement Assists Homeowners

2 comments:

Chris Adams said...

Chris Adams

Thanks for this great update. "Robo-signing" is indeed a great help for loaners. This will not just help them with their mortgages but also secure them of their properties.

Houses for Sale in Louisville said...

I've been interested on this agreement though!