Suntrust Mortgage Deal Over Foreclosures with State Attorney Generals

Several federal agencies and 49 state attorneys general struck a $968 million settlement Tuesday with SunTrust Mortgage over charges that it violated laws governing mortgage origination, servicing and foreclosures. Floridians who borrowed money from SunTrust Mortgage Inc. to buy a home could get nearly 40 percent of the total consumer relief expected under a joint state-federal settlement with the mortgage lender and servicer. http://www.bizjournals.com/tampabay/news/2014/06/18/florida-homeowners-could-get-biggest-piece-of.html Read more