Some NH homeowners could get money from settlement

Some New Hampshire homeowners could get money back in settlement with SunTrust Mortgage

Associated Press

CONCORD, N.H. (AP) -- New Hampshire homeowners with mortgages from SunTrust Mortgage Inc. could be getting some money back because of past foreclosure abuses and loan modifications.

New Hampshire Attorney General Joseph Foster joined the settlement with 48 other attorneys general, the District of Columbia, the U.S. Department of Justice, the U.S. Department of Housing and Urban Development and the Consumer Financial Protection Bureau.

The agreement requires SunTrust to provide eligible New Hampshire borrowers with loan modifications or other relief.

Foster says about 89 eligible New Hampshire borrowers whose loans were serviced by SunTrust and who lost their home to foreclosure from January 1, 2008, through December 31, 2013, and encountered servicing abuse will be eligible for a payment from the national $40 million fund for payments to borrowers.

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