Foreclosure settlement could aid underwater Mississippians

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Published: March 20,2011

Tags: Gretchen Morgenson, Jim Hood, John Allison, MBJ FEATURE

A proposed $20-billion settlement to an investigation of fraudulent mortgage foreclosure practices across the nation could help underwater borrowers in Mississippi hang on to their homes through write downs on principal balances. But the wider price could involve a block to the state bringing further legal action on related foreclosure wrongdoings. Mississippi Attorney General Jim […]

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