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Info on the Massive Settlement in Mortgage Lending Abuse Cases

By: Suzanne Burnette
Updated: February 9, 2012
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The landmark settlement involves the following banks: Wells Fargo, JPMorgan Chase, Bank of America, Citigroup and Ally Financial, formerly known as GMAC.

Troubled mortgage giants Freddie Mac and Fannie Mae are not part of the settlement.

The video attached to this story is a Q&A session with Blake Rutherford, Chief of Staff with the Arkansas Attorney General's Office, who explains what this settlement means for Arkansans.

Click here for more information about the mortgage servicing settlement.

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