Mortgage servicers are nearing end of settlement

In a report released by Joseph Smith, the independent monitor for the $25 billion national mortgage settlement, servicers said they had mostly fulfilled the assistance required under the deal. Smith says he has yet to confirm the claims. While banks say they have completed their obligations, totaling $51.3 billion in relief, some say they continue to help struggling homeowners outside of the settlement.

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Charlotte Observer (N.C.), The · Los Angeles Times (tiered subscription model)

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