Nevada benefits from the AG and Bank of America Settlement
Josh Talayka | July 18, 2012
Early this year (2012), five of the largest mortgage servicers (Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally) entered into a $25 Billion settlement with the Attorney Generals from 49 states (Oklahoma is the only state that didn’t participate).
In addition to the $25 Billion National Settlement, Nevada’s AG was able to negotiate an additional $780 Million agreement with Bank of America.