ST. PETERSBURG “” After months of getting nowhere with complaints over the foreclosure of her home, Denise Lennon, 64, turned to what the government had touted as a check for bank abuses: the Independent Foreclosure Review.
But after volleys of paperwork and weeks more of waiting, Lennon’s hopes of a review just took a fatal hit. The $8.5 billion settlement announced by regulators Monday will absolve banks of foreclosure-abuse allegations and end the review.
