Some of the biggest banks in the country have agreed to pay more than $18 billion to settle allegations of wrongdoing in their mortgage lending. And in a separate settlement, 10 banks agreed to pay more than $8 billion to settle claims they made errors in foreclosing on people’s homes.
Settlements highlight damage done in housing crisis
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NAR, MBA ask for clarification on underwriting rules
The trade groups asked the FHA, FHFA and the GSEs to continue to exclude seller or listing agent payments of buyer agent commissions from interested party contribution caps