New Hampshire Bar Foundation Receives $1 Million under Bank of America Mortgage Settlement
This is a prnewswire.com article.
BOSTON, July 5, 2016 /PRNewswire/ — Eric D. Green, independent Monitor of Bank of America’s August 20, 2014, mortgage settlement with the U.S. Department of Justice and six states, today announced the distribution of $1,039,372 to the New Hampshire Bar Foundation, as mandated under the settlement, to provide legal assistance in foreclosure prevention and community redevelopment.
The Foundation, headquartered in Concord, is one of 56 state-based legal-assistance organizations receiving funds under the settlement, which settled legal claims arising from mortgage-related activities by Bank of America and its subsidiaries. A distribution was made earlier to NeighborWorks America, a national, congressionally-chartered nonprofit organization that provides training and support for community-based redevelopment programs in the United States and Puerto Rico.
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