Green Tree settles for mortgage debt violations

Residential mortgage lender Green Tree Servicing, Inc., has agreed to pay $232,000 to settle allegations the company violated debt collection regulations. The settlement also addresses the company’s late payment of property taxes on behalf of mortgage holders, an infraction Vermont Attorney General Bill Sorrell considers an unfair trade practice. “We must ensure that home mortgages, […]

Vermont to receive $6.7 million from joint state-federal settlement with five largest mortgage services

For immediate release Feb. 9, 2012 Contact William H. Sorrell, Attorney General Phone: (802) 828-3173 Elliot Burg, Assistant Attorney General Phone: (802) 828-550 Vermont Attorney General William H. Sorrell today formally joined a landmark $25 billion joint state-federal settlement with the nation’s five largest mortgage servicers over foreclosure abuses and unacceptable nationwide mortgage servicing practices. The settlement addresses […]

Senators (incl. Leahy, Sanders) seek responses to reports of Fredide Mac taking financial interests against homeowners

For immediate release Feb. 7, 2012 Contact: Kate Hansen (Blumenthal) 202-224-2823 Julie Hasquet (Begich) 907-258-9304 David Carle (Leahy) 202-224-3693 Michael Briggs (Sanders) 202-228-6492 April Mellody (Casey) 202-228-6367 Michael Teague (Pryor) 501-324-6336 Seth Larson (Whitehouse) 202-228-6293 Press Office (Lautenberg) 202-224-3224 Alexandra Fetisoff (Franken) 202-224-4645 Ian Koski (Coons) 202-224-4216 WASHINGTON, DC – Senators Richard Blumenthal (D-CT), Mark Begich (D-AK), and eight Senate colleagues wrote the Acting Director […]

Report: Land trust homeowners have lower foreclosure rates

FOR IMMEDIATE RELEASE June 24, 2010 CONTACTS: Chris Donnelly, Director of Community Relations 802.861.7305, [email protected] Emily Higgins, Director of Homeownership 802.861.7330, [email protected] Outperforming the Market Study shows that Community Land Trust homeowners have lower foreclosure and delinquency rates BURLINGTON —A report released recently by a researcher at Vanderbilt University in partnership with the National Community […]