A mortgage servicing company accused of robo-signing foreclosure documents during the housing crisis has agreed to a $45 million dollar settlement. That will compensate victims, and settle a long-standing legal battle between PHH Mortgage Corporation and the Consumer Financial Protection Bureau.
The settlement involves 49 state attorneys general, the District of Columbia, and more than 45 state mortgage regulators. There are conflicting reports on which state didn’t take part. One report said New Hampshire. Another report said Colorado.
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