Attorney General James Secures Up to $17 Million in Home Loan Forgiveness for NY Homeowners

Posted to Applied Web NY on Tue, 06/23/2020 - 16:18

NEW YORK – New York Attorney General Letitia James today announced a groundbreaking settlement with Caliber Home Loans, Inc. that will provide up to $17 million in mortgage loan forgiveness to current Caliber customers in New York who were placed into unfair, interest-only loan modifications by the company. The settlement will also provide added protections for Caliber’s New York customers in the future as they continue to battle the economic fallout from the coronavirus disease 2019 (COVID-19) public health crisis.

Bulletin assigned to:

Sections