You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

More than 40 States Agree to Foreclosure Deal

HeadlineFeb 07, 2012

More than 40 U.S. states have agreed to a nationwide settlement over foreclosure abuses that would force the five largest mortgage lenders to reduce loans for about one million households. It remains unclear if California and New York will back the deal. Bloomberg reports Bank of America, JPMorgan Chase and Wells Fargo are now demanding that New York drop claims filed against them last week as a condition of the settlement.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top