Maine Joins $25 Billion Joint State-Federal Mortgage Servicing Settlement on Forclosure Wrongs: State share of national settlement estimated at $21,000,000

Maine Joins $25 Billion Joint State-Federal Mortgage Servicing Settlement on Forclosure Wrongs: State share of national settlement estimated at $21,000,000

February 13, 2012 – (RealEstateRama) — Attorney General William J. Schneider announced that Maine joined a landmark $25 billion joint federal-state agreement and the nation’s five largest mortgage servicers over foreclosure abuses, fraud and unacceptable nationwide mortgage servicing practices.

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