Sunday, January 20, 2013

Lenders will get help from taxpayers

WASHINGTON - Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeowners.

Now it turns out the deal is even sweeter for the lenders than it appears: Taxpayers will subsidize them for the money they're ponying up.

Read more: Lenders will get help from taxpayers

No comments:

Post a Comment

Real Estate News