Monday, February 06, 2012

Mortgage Settlement: More than 40 states have agreed

by Bill McBride on 2/06/2012 10:12:00 PM

But none of the key holdout states have signed on yet ...

From Bloomberg: Mortgage Accord Has More Than 40 States Signed On, Iowa Says

More than 40 states have signed on to a settlement over mortgage-servicing practices ... This enables us to move forward into the very final stages of remaining work,” Iowa Attorney General Tom Miller said in a statement today ...

Nevada Attorney General Catherine Cortez Masto said today she wouldn’t decide whether to sign in time for the deadline, which was extended by the parties from Feb. 3. ... Masto said in a statement she was reviewing the settlement and “advocating for improvements to address Nevada’s needs.”
Makes me wonder: Will the Greek debt deal or the mortgage servicer settlement be announced first (or collapse first)?

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