Are banks sidestepping the foreclosure settlement? : Stltoday
Some big numbers start looking smaller when you take a close look. A
case in point: The $85 million Missouri has so far reaped from last
February's national mortgage settlement with big banks.
The bulk
of it, $30 million, went to short sales. But banks were doing short
sales before the settlement. They've picked up the pace this year, but
it's not clear if the settlement was
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