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Here are the settlement breakdown for the Federal Mortgage Fraud Settlement

Reblogger Kevin A. Guttman-Author, ReverseMortgageSpecialist

Mortgage and Lending with NMLS #384936 NMLS #384936

March 24, 2012 05:38 AM

There was an agreement made of $25 Billion Federal Mortgage Fraud settlement. Here is a breakdown of how the money will be allocated. Read the blog below for details.

Here are the breakdown for the $25 Billion Federal Mortgage Fraud settlement. Note the 17 billion portion can be expanded to $32 billion in coming years to support direct buyer relief in similar programs.

Thank you for reading this post. If I can ever be of help in finding you the perfect property here in the Napa Valley, please email me at Curtis@NapaValleyAddress.com

Your Broker Extraordinaire, selling Napa Valley Real Estate from its heart, Yountville

My website & blog: www.NapaValleyAddress.com

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Cindy Jones

Integrity Real Estate Group - Woodbridge, VA

Pentagon, Fort Belvoir & Quantico Real Estate News

I'll repost the same thing I put on Curtis's post; I've already had a couple of servicemembers call their lenders based on the assistance outlined for them. So far the answer has been....well it takes time to roll out a new program....yea the lenders are just jumping at the change to do the right thing.

Mar 24, 2012 10:01 AM

Curtis Van Carter

Better Homes & Gardens Wine Country Group - Yountville, CA

Your Napa Valley Broker Extraordinaire

Kevin

Thanks for reposting this. cheers cvc

Mar 25, 2012 03:26 AM

Here are the settlement breakdown for the Federal Mortgage Fraud Settlement

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Kevin A. Guttman-Author, ReverseMortgageSpecialist

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