District of Columbia Homeowners to Get $40 Million in Mortgage Settlement, DC Attorney General Says

WASHINGTON, D.C. – February 13, 2012 – (RealEstateRama) — Local homeowners are eligible for tens of millions of dollars in mortgage principal reductions and mortgage refinancing savings under a national settlement that state and federal enforcement agencies have reached with the five leading bank mortgage servicers, DC Attorney General Irvin B. Nathan said today. At Mayor Vincent C. Gray’s direction, the District joined in the settlement entered into by a contingent of state attorneys general.


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