foreclosure review settlement

Adam Crain reckoned he was due $125,000. That amount would come as compensation for losing his Oak Harbor, Wash., home to foreclosure while he was serving aboard a naval vessel in the Middle East. He calculated that sum using a table distributed by federal regulators as part of a $9.2 billion settlement with mortgage companies over a wave of improper foreclosures.
Given the well-documented complaints that homeowners have made for years about how their bank or mortgage "servicer" managed
More than a dozen financial institutions agreed to make $3.6 billion in cash payments to more than 4 million borrowers who