The settlement between the nation's top five mortgage lenders, the states, and the federal government will bring $3.1 million to Vermonters in the form of loan modifications and other relief. An additional $3.6 million will go to the state's coffers for housing related purposes, according to Vermont Public Radio.
Residents with VHFA mortgages are unaffected since we don't use any of the lenders involved in this case to service our loans.
Read more at Vermont Public Radio's web site.