There Is No Foreclosure Fraud Settlement Term Sheet | FDL News Desk
We are more than 24 hours removed from the foreclosure fraud settlement and the terms have, shockingly, not been released. In fact, American Banker reports that the terms will not be released before the filing of the settlement in federal court, because a document with actual terms does not yet exist.…
This is incredible. The Administration, the AGs, everyone involved in this made a big show of an agreement reached on foreclosure fraud. But there is no piece of paper with the agreement on it. There’s no term sheet. There are just agreements in principle.
No comments:
Post a Comment