Apr 15, 2016

KASS: Try to reach settlement with sister

DEAR BENNY: Long story short, several of my brothers and sisters inherited a vacation house many years ago. All but one want out, and one of my brothers is actually […]

Dec 16, 2014

Mortgage deal monitor: Ocwen review may be flawed

WASHINGTON  — The monitor overseeing a national mortgage settlement says an internal review of its compliance conducted by Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, […]

Oct 10, 2014

Wells Fargo settles inquiry into bias against moms

NEW YORK — The federal government said Thursday that it reached a $5 million settlement with Wells Fargo to resolve allegations it discriminated against pregnant women, new mothers and women […]

Aug 25, 2014

Goldman in deal worth $1.2B over US bond claims

WASHINGTON  — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities […]

Aug 25, 2014

Borrowers urged to file claims against Ocwen

North Carolina homeowners who lost their homes to wrongful foreclosure and had their loans serviced by Ocwen Financial Corp. are being urged by the N.C. Attorney General’s office to file […]

Aug 20, 2014

BofA reaches $17B settlement with US

WASHINGTON  — Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of […]

Feb 17, 2014

UPDATED: NC Gov. McCrory briefed on Duke coal ash lawsuit

RALEIGH — North Carolina’s top environmental official said Monday that he briefed Gov. Pat McCrory before intervening in lawsuits against Duke Energy, resulting in a negotiated settlement that fined the $50 billion corporation […]

Dec 30, 2013

Wells Fargo in $591 million deal with Fannie Mae

SAN FRANCISCO  — Wells Fargo says it has made a $591 million deal with Fannie Mae to settle obligations related to loans that went bad after the housing bubble burst. […]

Dec 26, 2013

North Carolina homeowners eligible for mortgage assistance under settlement

RALEIGH – Some North Carolina homeowners will receive a share of a $2. 1 billion national settlement brought against subprime mortgage loan servicer Ocwen Financial Corp., Attorney General Roy Cooper […]

Oct 7, 2013

Under the same roof with different insurers

Carefully read every page of every document you will have to sign at settlement (escrow), and if you do not understand something, ask. If the settlement person is not able or willing to explain, check with your attorney. In fact, if at all possible, consumers should be able to review all of the proposed documents at least one day before the final settlement takes place.

Oct 1, 2013

Wells settles with Freddie on mortgage claims

Wells Fargo & Co. has agreed to an $869 million settlement with Freddie Mac over claims on home loans it sold to the government-controlled mortgage finance company.

Aug 2, 2013

Shareholders benefit the least from settlement

I admit that the "proof of claim and release" form you received is a perversely complicated mess, but that's not reason enough for this three-bit barrister to give you incorrect information.

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