Financial Compensation for homeowners

Checks ranging from $300 – $125,000 are being mailed out to homeowners who were in foreclosure during the period beginning Jan 2009-Dec. 2010 starting this Friday April 12th. This is part of the agreement between 13 major banks including Wells Fargo, Citi, and others with The Federal Reserve and OCC as part of The Independent Foreclosure Review.

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