Kentucky AG Beshear reaches $2.8M settlement with national mortgage recording company

Kentucky Attorney General Andy Beshear said Tuesday that the state treasury will reap $2.8 million from a settlement his office has made with a national mortgage recording company.

Beshear also said the settlement will offer Kentucky homeowners some of the best mortgage protections in the country.

He is recommending that lawmakers use the $2.8 million to help right the company’s wrongs and to support affordable housing, legal aid foreclosure work and the budgets of local county clerks.

Read on.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s