Archive for March 8th, 2010

Landmark Settlement with Countrywide

Posted by admin on March 8th, 2010 under In the News Tags: , ,  •  Comments Off

From the Office of the Attorney General October 6, 2008 Attorney General Brown Announces Landmark $8.68 Billion Settlement with Countrywide More specifically, the modification program covers subprime and pay-option adjustable-rate mortgage loans in which the borrower’s first payment was due between January 1, 2004 and December 31, 2007. The program will be available for loans [...]

Precedent Setting Ruling . . .

Posted by admin on March 8th, 2010 under In the News Tags:  •  Comments Off

Fremont Investment accused of predatory lending practices under Massachusetts’ 2004 Predatory Home Practices Act. The suit is the first case brought under the Predatory Home Practices Act.