Tag Archives: settlement
The Benefits of Settlement
Settlement: To conclude by agreement between the parties (as defined by the dictionary). Almost daily, I counsel my clients on settlement – should we attempt settlement, offer settlement, counter the opposing side’s offers, or reject the settlement outright. Unfortunately, most see settlement as a weakness, but settlement of a dispute can bring benefits. Most… Read More »
Foreclosure Settlement Leaves Many Borrowers Wanting
After years of negotiation, mortgage companies and the Department of Justice have finally reached an agreement to compensate homeowners for the mortgage servicers’ alleged botched foreclosure practices between the years of 2008 and 2010. The 13 mortgage companies agreed to pay a Foreclosure Settlement of $9.3 billion including $5.7 billion in noncash assistance and… Read More »
