The purpose of this post is to summarize a recent Wall Street Journal article that focused on the state of the ongoing US foreclosure investigations. This is an important topic for home owners as well as rental property investors. The link to the full article can be found at the bottom of this post.
Following up on an investigation of reckless and cavalier handling of foreclosure procedures by several lenders, federal and state officials are negotiating a settlement package with five major banks. The deal is estimated to be to the tune of $25 million and is expected to