Attorney General Bondi Announces Court Filings in $25 Billion National Mortgage Servicing Settlement

TALLAHASSEE, FL – March 13, 2012 – (RealEstateRama) — Attorney General Pam Bondi today announced that she, 48 other attorneys general, the District of Columbia and the Department of Justice filed a complaint and proposed consent judgments requiring the nation’s five largest mortgage servicers to comply with comprehensive new mortgage loan servicing standards, to provide substantial direct consumer relief and monetary payments, and to submit to an independent monitor, as part of a $25 billion national mortgage servicing joint state-federal settlement