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Some banks lagging in mortgage relief obligations

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Mortgage Professional America | 21 Oct 2013, 05:00 AM Agree 0
Banks have nearly completed their consumer relief obligations under the National Mortgage Settlement, though some have far outpaced others
  • Cheryl M | | 21 Oct 2013, 05:53 AM Agree 0
    those numbers are inflated...maybe not so much for JP but definately Wells
  • douglas seiler | | 21 Oct 2013, 10:41 AM Agree 0
    Since the beginning of this year, each bank has asserted to me that it has satisfied its consumer relief and refinancing obligations. AND SINCE THE BEGINNING OF THE year, BofA had x employees testify that they were told to lie to HAMP applicants and to throw files away. Chase has been sued by the Feds for lying on billions of $ of mortgages they sold and Wells has been rated as the worst possible company to try and get a mortgage mod with. Yes Mr. Smith this is "significant progress ", and I am certain you do not have a mortgage mod in process.
  • Gina Botelho | | 21 Oct 2013, 05:42 PM Agree 0
    Wow if those numbers are correct they completely missed everyone in Hawaii I have people knocking down my door because they can't get any help from their lenders and oh yes most of them are WFB & BOFA.....In my opinion a bold face lie......but thats just par for the course.....I am sure hoping that these big settlements from court will somehow help the borrowers. They have been left in the dust.
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