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The Robo-Signing Settlement: Breaking the Usual Rules of Housing PolicyIn light of today?s landmark robo-signing settlement, Trulia?s Chief Economist takes a deeper dive into what really matters.Forbes - Feb 09 04:32pm
Editorial Board: ‘Robo-signing’ deal is rough justiceAT LONG LAST, federal and state authorities have reached an out-of-court settlement with five leading mortgage lenders, a major step in resolving the furor over “robo-signing” and other dubious foreclosure practices that came to light in October 2010. Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial will pony up $26 billion in return for a measure of legal immunity; the ...Washington Post - Feb 09 04:34pm
Birthplace Of 'Robo-Signing' Eyes Deal CriticallyOn Thursday, the federal government reached a $26 billion deal with the nation's largest banks to compensate homeowners. In Florida, where a lawyer uncovered and named the rushed mortgage-approval process, some lawyers and homeowners say technical issues and trust battles remain for courts and the banks.NPR - Feb 09 03:19pm
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Birthplace Of 'Robo-Signing' Eyes Deal CriticallyOn Thursday, the federal government reached a $26 billion deal with the nation's largest banks to compensate homeowners. In Florida, where a lawyer uncovered and named the rushed mortgage-approval process, some lawyers and homeowners say technical issues and trust battles remain for courts and the banks.NPR - Feb 09 03:26pm
Historic ‘Robo-Signing’ Foreclosure Settlement Mandates Corporate Best Practices for Financial InstitutionsThe National Notary Association , the leader in best practices, training, and advocacy for the nation’s community of 4.8 million Notaries, is offering its Notary management expertise, guidance and corporate best practices to financial institutions seeking to comply with the terms of the national foreclosure settlement announced on February 9 — the largest mortgage industry settlement in U.S.Business Wire via Yahoo! Finance - Feb 10 05:00am
Jed Kolko: The Robo-Signing Settlement: Breaking the Usual Rules of Housing PolicyThe robo-signing settlement is the latest -- and potentially the largest -- piece in the U.S. housing policy puzzle. Even though it's partly punishment for banks' wrongdoing, it is also another answer by the government to the question of how it can help the housing market.The Huffington Post - Feb 10 11:25am
States Debate Foreclosure Robo-Signing SettlementCalifornia, New York and a handful of other states have yet to sign on to a deal with mortgage lenders that would resolve the "robo-signing" issue. Lenders have pledged $25 billion to reduce outstanding mortgages, but some states say the deal doesn't go far enough to protect consumers.NPR - Feb 08 02:26pm
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