Local News

Utah Gets $171 Million in Mortgage Fraud Settlement

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Utah residents who suffered abusive practices from big banks and lost their homes to foreclosure during the mortgage crisis are getting some relief. As KCPW’s Whittney Evans reports, a joint settlement has been made between the nation’s five largest banks and nearly every state over fraudulent and abusive practices that resulted in millions of foreclosures across the nation.

(KCPW News) Utah residents who suffered abusive practices from big banks and lost their homes to foreclosure during the mortgage crisis are getting some relief. As KCPW’s Whittney Evans reports, a joint settlement has been made between the nation’s five largest banks and nearly every state over fraudulent and abusive practices that resulted in millions of foreclosures across the nation.

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For more information on the settlement, visit www.nationalmortgagesettlement.com.


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