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California To Receive Larger Share Of Mortgage Deal

21 Feb

Reblogged from CBS Sacramento:

SACRAMENTO, Calif. (AP) — California should receive at least $20.6 billion from a settlement with the nation's major mortgage lenders, the largest share of any state and about $2 billion more than expected when the agreement to assist homeowners was announced last year, according to a report released Thursday.

The money from five banks will help an estimated 175,000 California homeowners struggling with their mortgages.

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Posted by on February 21, 2013 in Uncategorized

 

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