Attorney General Doug Gansler told lawmakers Monday that the ink was still drying on the state’s $1 billion mortgage settlement with the five major banks -- Wells Fargo, GMAC, Bank of America, JP Morgan Chase, and Citibank. Gansler said the state gave up all rights to sue the big five banks for servicing and originating bad mortgage claims, but gained 42 pages of new bank standards for servicing loans in Maryland.
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4 comments:
Watch were the money goes... IF you can find out.
You got that right. It sure won't be used to help homeowners. This is why I HATE the State of Maryland.
Just like the tobacco settlements,us taxpayers wont see a dime!
And look in the article. It says:
"Help is on the way."
Where have we heard that lie before?
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