10 January 2013

Bank Settlement Payout to Millions

Thanks!
Sherri Spears, REALTOR®
Keller Williams Realty

2013 Local Chapter President
Women's Council of REALTORS®
Stuart-Martin County Chapter

2012 Entrepreneur of the Year
Women's Council of REALTORS®
Stuart-Martin County Chapter

(t) 772-341-4957
(f) 888-398-4957
(w) www.sherriflrealestate.com

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---------- Forwarded message ----------
From: "The Law Office of Paul A. Krasker, P.A." <lbaltrun@kraskerlaw.com>
Date: Jan 9, 2013 8:05 PM
Subject: Bank Settlement Payout to Millions
To: <sherriflrealestate@gmail.com>

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Homeowner Assistance DivisionThe Homeowner Assistance Division
of The Law Office of Paul A. Krasker, P.A.
Banks Reach $8.5 Billion Foreclosure Settlement

Ten banks reached a $8.5 billion settlement in response to federal claims of mishandling of foreclosures and debt relief services.

Of the $8.5 billion, $3.3 billion is to be in the form of direct payments to the more than 3 million people people who were in foreclosure in 2009 and 2010.  The other $5.2 billion is earmarked for foreclosure and distressed property assistance, such as loan modifications.

Is it enough?  To read the Palm Beach Post article outlining the settlement, and how some experts feel about it, click here.

Also, like our page on Facebook and tell us how you think this settlement will affect south Florida homeowners.
 
The Law Office of Paul A. Krasker | 501 S. Flagler Drive | Suite 201 | West Palm Beach | FL | 33401

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