Thursday, February 02, 2012

Deadline for States to Accept Foreclosure Deal With Banks Moved to Feb. 6

The deadline for states to decide whether to join a proposed nationwide foreclosure settlement with banks was postponed to Feb. 6 from Feb. 3, according to the Iowa Attorney General’s Office.

States were given more time to evaluate the proposal, which may total $25 billion, after at least one asked for a delay, Geoff Greenwood, a spokesman for Iowa Attorney General Tom Miller, said today in a phone interview. Miller is helping to lead negotiations.

No comments: