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Robo-Settlement Snags

April 12, 2011 by Realty Check with Diana Olick

Word was last week that federal banking regulators, not the state attorneys general, were going to announce some kind of "enforcement action" against 14 big banks/servicers in the so-called "robo-signing" foreclosure paperwork mess today or tomorrow. Now I'm told that may be a bit delayed, and now I'm reading the AGs expected punitive monetary "settlement" is also in question.

Filed Under: Real Estate News Tagged With: Ags, Banks, Foreclosure, Monetary Settlement, Paperwork, Regulators, Snags, State Attorneys General

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