Foreclosure settlement could aid underwater Mississippians

by Ted Carter 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 [...] [...]
