Banks settle Robo Signing Charges for $25 Billion

Landmark settlement announced against banks for robo signing foreclosures: $12 Billion for California mortgage principal reductions After months of negotiations, 5 major banks settled charges of fraudulently signing foreclosure documents by agreeing to pay $25 Billion dollars out to homeowners and people who lost their homes to foreclosure over the next 3 years.     Further lawsuits and actions…