News byKentucky
Today the Department of Financial Institutions (DFI) announced it is participating in the $25 billion national mortgage settlement reached in response to significant and far-reaching problems discovered in the residential mortgage servicing industry. The settlement is between state attorneys general, state financial regulatory agencies, federal agencies and the five largest mortgage servicing companies – Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc., and Ally Financial Inc.
Kelly May, Public Information Officer502-573-3390 x252800-223-2579 x252kelly.may@ky.gov
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