WAMU 88.5 : News

Filed Under:

Md., Va. Receive Millions As Part Of Settlement With Mortgage Company

Play associated audio

Maryland and Virginia are set to receive millions of dollars after a multi-state settlement with a mortgage services company over allegations of misconduct.

Regulators with the Consumer Financial Protection Bureau say Ocwen Financial Corporation pushed borrowers into foreclosure through illegal actions, such as failing to promptly and accurately credit mortgage payments.

In the $2 billion settlement with one of the nation's largest mortgage services, Virginia will recieve about $33 million and Maryland will get nearly $86 million.

Maryland Attorney General Doug Gansler says Maryland will also recieve additional money he expects will exceed $1,000 for each eligible Maryland borrower whose home has been foreclosed on.

Virginia Attorney General Ken Cuccinelli says the money will be provided to borrowers through mortgage principal reductions to current homeowners.

NPR

On Television, More Transgender Characters Come Into Focus

Now that it's more common to see gay characters on TV, is the medium turning to transgender people for fresh stories? NPR's Neda Ulaby looks at TV's crop of transgender and "gender fluid" characters.
NPR

Obama Gets A Taste Of Jiro's 'Dream' Sushi In Name Of Diplomacy

On the first leg of his Asian tour, the president stopped by the iconic sushi restaurant. David Gelb, who directed a documentary about the restaurant, says eating there is amazing and nerve-wracking.
NPR

Pennsylvania Congresswoman Goes All In For Obamacare

Does Rep. Allyson Schwartz's pro-Affordable Care Act television ad signal a new thinking among Democrats running in statewide races?
NPR

Reports: FCC Poised For About-Face On Net Neutrality

According to reports, the FCC is set to approve a system in which Internet service providers offer a faster pipe to American homes to content companies willing to pay for it.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.