Tagged: mortgage settlement

Koster wants U.S. Supreme Court to reject individual health insurance mandate

Missouri Attorney General Chris Koster wants the U.S. Supreme Court to reject an individual health insurance mandate but uphold other parts of the federal health care law. Koster, a Democrat, said Tuesday his office filed a written argument in support of a lawsuit by Florida and other states.

Troubled Missouri home owners can expect a degree of relief from a national mortgage settlement that has been reached with five of the nation’s largest mortgage lenders.

The Show-Me State is being awarded more than $196 million of a $25 billion settlement with banks -- including Bank of America and JP Morgan Chase -- over allegations of lending abuses and improper foreclosure procedures.

Missouri Attorney General Chris Koster says the settlement does not close the door on possible criminal charges against mortgage lenders.

“It is a major step forward that at least addresses some of the wrong that has occurred over that period of time,” said Koster.