May 21, 2013

National Mortgage Settlement Provides Relief for more than 620,000 Homeowners, Including Vinel Cooper in Pennsylvania

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The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over 620,000 homeowners, or roughly $81,000 per homeowner as part of the National Mortgage Settlement, according to a progress update released today by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. Over one year ago, the Department […]

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December 3, 2012

Settlement Success Story: Jocelyn Harris

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Jocelyn Harris is a mortgage broker from Delray Beach, Florida. In 2006, during the housing boom, she purchased her first and only family home for $250,000. At the time, she had a steady income and she and her husband were able to easily pay the mortgage. In 2008, the economy took a turn for the […]

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November 20, 2012

Settlement Success Story: Jose Machin

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In 2000, Jose Machin was living the American dream. He purchased his first home in West Palm Beach, Florida with his wife Estephanie. It cost them $61,000 with mortgage payments of $780.60 per month. Jose and his wife were both gainfully employed and never missed a mortgage payment. Then, sadly, their daughter was diagnosed with […]

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