HUGE FORECLOSURE ABUSE SETTLEMENT: Federal regulators have reached a settlement with 14 major banks regarding mortgage foreclosure abuses and errors on past foreclosures. Totalling $10 Billion, distributions will include $3.75 Billion to homeowners who were foreclosed in 2009 and 2010. Among the 14 lenders are Aurora, Bank of America, Citibank, JPMorgan Chase, MetLife Bank, PNC, Sovereign, SunTrust, U.S. Bank, and Wells Fargo. Another $6 Billion will be provided to homeowners currently facing possible foreclosure because they are behind on their payments. If you were foreclosed upon in either of these years, or are in default currently on your mortgage, IMMEDIATELY CONTACT YOUR LENDER TO DETERMINE YOUR ELIGIBILITY for participation in these payouts. As always, I wish you Good Luck. This definitely is good news.