Friday, April 6, 2012

'Homeowner Bill of Rights' would bolster National Mortgage Settlement

California's attorney general and a host of Golden State lawmakers are pushing for a "Homeowner Bill of Rights" designed to protect homeowners from abusive mortgage practices and help devastated communities recover from the foreclosure crisis.

The move capitalizes on the $25 billion National Mortgage Settlement's provision that allows states to press mortgage lenders for greater redress arising from lenders' foreclosure abuses after the housing market crashed.

Read the rest of the article at The Californian

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