MADIGAN: ILLINOIS IN TOP 5 STATES FOR RELIEF TO HOMEOWNERS FROM NATIONAL FORECLOSURE SETTLEMENT

Chicago, IL – November 19, 2012 – (RealEstateRama) — In responding to the second report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have received as a result of the $25 billion settlement reached earlier this year with the nation’s five largest bank mortgage servicers over allegations of widespread “robo-signing” and other fraudulent practices involved in servicing loans of struggling homeowners.