A year after five of the nation’s biggest banks reached a pact with state and federal officials over claims of vast
abuses, the banks are taking credit for giving more than half a million struggling homeowners roughly $45.8 billion in relief.But despite the banner numbers released on Thursday in a report by Joseph A. Smith, the independent overseer of the settlement, thousands of homeowners are still not getting the help they need to save their homes from foreclosure, according to interviews with housing advocates and homeowners facing foreclosure.
Despite billions in aid, some foreclosures are inevitable
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Anywhere reports losses during the slower winter season
Anywhere Real Estate felt the brunt of the challenging housing market in Q1 2024 as the company reported a loss of $101 million.