By Donna Goodison And Jerry Kronenberg Royal Bank of Scotland subsidiary has agreed to pay $52 million to settle charges that it traded more than 700 “presumptively unfair” sub-prime mortgages given to Massachusetts homeowners during the housing boom. The payment will settle allegations that RBS Financial Products Inc., formerly known as Greenwich Capital Financial Products...Read More
Boston, MA (MMD Newswire) October 21, 2011 – -The foreclosure crisis in Massachusetts and elsewhere in the USA is a complicated issue governed by a variety of self-interests. These are being played out at the emotional and financial expense of those with the greatest need. In August of this year, Massachusetts posted an alarming, single...Read More
The number of foreclosed homes has set new records in August, 2011 in Massachusetts. There were 900 foreclosure processes completed in the month. According to the Warren Group report on foreclosures, the activity has seen an upward trend starting from the month of November last year. The number of completed foreclosure deeds is lesser in...Read More