Monday, February 13, 2012

NEW YORK MORTGAGE FORECLOSURE

A website has been set up for consumers regarding the National Mortgage Settlement:

National Mortgage Settlement

Of course, you will note that the site does not yet have the full legal documentation underlying the settlement. The primary reason for this is that the mortgage settlement is not fully finalized. Additional banks still have the opportunity to join. And it appears that when the group of banks joining the settlement is finalized, the full documentation will arise.

An article discussing this is set forth herein:

BUSINESS INSIDER - Don't Be Sucked Into The Hysteria About The 'Missing' Mortgage Settlement Documents

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