foreclosure

Foreclosure Settlement
5:08 pm
Mon September 24, 2012

Foreclosed Ala. Mortgages Getting Claims Info

Attorney General Luther Strange says claims forms are being mailed to Alabama borrowers who lost their homes to foreclosure between 2008 and 2011.
LutherStrange.com

State Attorney General Luther Strange says claims forms are being mailed to more than 29,000 Alabama borrowers who lost their homes to foreclosure between 2008 and 2011 and may be eligible for payments.

The payments are from a $25 billion national mortgage foreclosure settlement. Borrowers eligible for the settlement had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. Strange said the national settlement administrator mailed postcards to eligible borrowers nationwide last week.

Read more