Wed December 4, 2013
Are Settlement With Banks Helping Homeowners?
Originally published on Wed December 4, 2013 5:26 pm
Banks have granted tens of billions of dollars in mortgage relief through settlements, the latest being JPMorgan Chase, which agreed to provide an additional $4 billion for troubled homeowners. But housing counselors around the country say that not enough has changed, and that the settlements, while a good template, aren't what is making a difference in communities hard-hit by foreclosure.