Idaho Department of Finance Joins Historic $25 Billion State-Federal Mortgage Servicing Settlement


Boise, ID – February 13, 2012 – (RealEstateRama) — Department of Finance Director Gavin Gee announced his department is participating in an historic mortgage servicing settlement in response to significant and far-reaching problems discovered in the residential mortgage servicing industry. The $25 billion settlement is between 45 state regulatory agencies and the District of Columbia, 49 state attorneys general, a host of federal agencies, and the five largest mortgage servicing companies – Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc., and Ally Financial Inc.

Previous articleAttorney General Koster announces Missouri consumers, state to receive more than $196 million in benefits from national mortgage settlement
Next articleMississippi Joins $25 Billion Joint State-Federal Mortgage Servicing Settlement on Foreclosure