State Attorneys General, Feds Reach 25 Billion Dollar Settlement with Five Largest Mortgage Servicers on Foreclosure Wrongs

The nation’s five largest mortgage servicers have agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies.  The settlement addresses past mortgage loan servicing and foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future. […]

AG Strange, Banking Superintendent Harrison Give Warning Of Fraud Calls About Mortgage Settlement

Scam Mortgage Calls Alert

Attorney General Luther Strange and Banking Superintendent John Harrison are warning consumers to be wary of scam callers who pretend to represent mortgage holders or government agencies, and who try to get the consumers’ personal account information for unscrupulous purposes. Even before today’s $25 billion mortgage servicing settlement was announced, Alabama consumers received phone calls […]

AG Foreclosure Settlement Will Help Build Stronger Housing Market

The following is a statement from Michael Calhoun, President, Center for Responsible Lending: “The foreclosure settlement announced today will help build a stronger housing market while keeping more people in their homes. But while a significant step toward fixing the foreclosure crisis, this settlement was never intended or able to provide a comprehensive remedy. Much […]

Making Home Affordable Program Announces More Help for Homeowners

Today, the Administration announced important enhancements to the Making Home Affordable Program, including the Home Affordable Modification Program (HAMP), to expand the reach of the program to help additional homeowners stay in their homes and strengthen hard-hit communities. These enhancements will provide additional relief to struggling homeowners, renters, and their neighborhoods to accelerate the housing […]

Hope for Homeowners Hotline

Call 888-995-HOPE (4673) for free, comprehensive foreclosure assistance and housing counseling services around-the-clock. Call now to get assistance with questions you might have about getting help with your mortgage and to see if you are eligible for the Making Home Affordable Program. When you call 888-995-HOPE (4673) your call is answered promptly, 24 hours a […]

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