Tuesday, April 30, 2013

More Foreclosure Settlement Checks Mailed

The latest update on foreclosure settlement checks is as follows. The third batch has been mailed out, as of the end of last week.Valued at $794 million, the Office of the Comptroller of the Currency (OCC) said these went out Friday. This sum was the total of 927,000 thousand checks at this latest mailing. To date, according to the OCC, a total of 3.7 million checks worth a total value of $3.2 Billion have been mailed. As with previous mailings, there may be some individual questions from homeowners or former owners. In such cases, the OCC advises borrowers to direct their questions to Rust Consulting, the paying agent, at 1-888-952-9105. Maybe the check really IS in the mail! Good luck.

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