The state of Wyoming will use money it received in a settlement with mortgage companies to fund a program to provide financial and mortgage counseling to state residents. The state received $2.6 million in a settlement with five large mortgage companies over foreclosure abuses and unacceptable servicing practices Attorney General Greg Phillips announced Monday that the state will work with the nonprofit Wyoming Housing Network, Inc., to administer the counseling and assistance program. The $2.6 million will fund the counseling program for six years. The Wyoming Housing Network is developing the counseling program and it will start this fall.
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