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Statement From Attorney General Kilmartin on National Mortgage Settlement Progress Report
August 31, 2012 - (RealEstateRama) -- In response to the first progress report issued by the National Mortgage Settlement Monitor Joseph P. Smith, which discloses the five settling mortgage service providers have granted $10.56 billion in consumer relief to borrowers between March 1 and June 30, 2012 nationally, with 355 Rhode Island homeowners receiving $26.7 million in relief, Attorney General Peter F. Kilmartin noted the settlement has provided significant relief to Rhode Island homeowners.
R.I. homeowners face phaseout of cesspools
Proposed tax hikes that would have made it more costly for people to sell real estate, obtain new mortgages or refinance existing ones failed...