A $2 million grant will help two community-based organizations in Connecticut expand their services to homeowners facing foreclosure.
Community Renewal Team and the Urban League of Southern Connecticut are partnering in using the grant to hire 10 housing counselors to advise property owners in danger of losing their homes. The counselors will be in offices [...]
Ten mortgage servicers — among them some of the country’s most recognizable names in banking — will pay more than $8.5 billion over shoddy loan servicing and foreclosure practices.
The payments include $3.3 billion in direct payments to eligible borrowers and $5.2 billion in other assistance, including loan modifications. The agreement, announced today, could affect [...]
Connecticut borrowers who lost their homes to foreclosure and qualify for a one-time payment under last year’s landmark mortgage fraud settlement have until Jan. 18 to submit their application.
Connecticut Attorney General George Jepsen said today claim forms have been mailed to eligible borrowers, but they must be returned by the deadline.
Connecticut home loan borrowers have tapped into about a third of the $190 million the state is receiving from a landmark settlement nationally with five major servicers over foreclosure practices, according to a report card from the state attorney general.
The report shows 1,043 Connecticut borrowers received some form of debt relief between March 1 [...]
