"More than a day after the announcement of a mammoth national mortgage servicing settlement, the actual terms of the deal still aren't public. The website created for the national settlement lists the document as "coming soon."
"That's because a fully authorized, legally binding deal has not been inked yet."
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Bet you thought that the announcement of a deal meant there was really a deal. Hah! The joke's on you. And me. And the rest of us. Now the real terms will get no publicity. Clever, don't you think?
1 comment:
From George Staropoli:
CBS News video says those with Freddie Mac or Fannie Mae, and even VA loans, about 50% of the mortgages, are not covered by the "landmark settlement." What is going on? See the great caper.
http://www.cbsnews.com/8301-505263_162-57373773/$26b-mortgage-deal-who-benefits/
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