A massive civil law enforcement investigation by state attorney generals, including Illinois Attorney General Lisa Madigan, banking regulators, and federal agencies has resulted in a landmark $25 billion settlement with the nation’s five largest mortgage servicers. This important settlement—the largest joint state-federal settlement in history—has played a significant role in addressing the nation’s issues around the mortgage crisis.
On Friday, February 22, join the School of Law in welcoming key figures in this historic settlement who will discuss the housing market collapse, the intricate path to the National Mortgage Settlement, and the independent monitor that has been established to oversee the terms of the agreement and ensure its success.
Distinguished speakers attending include U.S. Housing and Urban Development Secretary Shaun Donovan, Illinois Attorney General Lisa Madigan, former Washington Attorney General Rob McKenna, Iowa Attorney General Tom Miller, and former North Carolina Commissioner of Banks/Independent Monitor Joseph Smith Jr.
The event is free and open to the public, and will take place in the Power Rogers & Smith Ceremonial Courtroom, on the 10th floor of the Corboy law Center, from 10 a.m. to 4:30 p.m. For more information, please visit LUC.edu/law/centers/investor/national_mortgage.html.