The Politics Blog

The Politics Blog » Posts tagged "national mortgage settlement"

The Politics Blog

NOTICE: The Politics Blog has moved.

With the launch of our new website, we've moved The Politics Blog.
Visit the new section.

Tag: national mortgage settlement

Feb.
21st

Wash. AG says federal settlement of mortgage claims giving $1.1B to state residents

Attorney General Bob Ferguson said today that federal reports show the $46 billion national settlement of mortgage claims with big banks has yielded benefits to Washington consumers in excess of $1 billion value. The gains are a result of a multi-state settlement entered into when Republican Rob McKenna was attorney general.

You can read what Ferguson, a Democrat, says about the settlement in a news release, which links to a new report today from the federal Office of Mortgage Oversight. The following excerpt of his news release gives highlights of the benefits in Washington:

Closer

Read more »