Litigation

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Federal Government, State AGs Reach $25 Billion Agreement With Banks Over Foreclosures
Posted on 9 Feb 2012 by Shane Dilworth

WASHINGTON, D.C. - (Mealey's) The U.S. Department of Justice (DOJ) announced Feb. 9 that the federal government, attorneys general from 49 states and five national banks have reached a $25 billion settlement to resolve issues stemming from the lenders'... Read More

Tags: Office of the Inspector General , Citigroup , mortgage lending , Eric T. Holder , lenders , state attorneys general , U.S. Department of Justice , HUD , banks , Wells Fargo , Litigation , foreclosure , JPMorgan Chase Bank , Settlement , GMAC , Secretary Shaun Donovan , DOJ , Bank of America , Housing and Urban Development , Ally Financial