Bloomberg News
FIXES NEEDED: 'The settlement is having the intended effect of uncovering problems with servicer performance,' said Joseph Smith, the monitor of the national mortgage settlement.

U.S. Monitor Cites Banks for Mortgage Settlement Violations

The big five servicers technically passed the first test of their compliance with the $25 billion national mortgage settlement, but four of them failed to meet at least one requirement and the settlement's monitor received nearly 60,000 complaints.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here
Please note you must now log in with your email address and password.