Originated From
AOL Search

How much money will I get from the 8.5 billion settlement?

Liked this question? Tell your friends about it

2 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

From the news story http://money.cnn.com/2013/01/07/news/economy/new-foreclosure-settlement/index.html :

Roughly 3.8 million borrowers whose homes were in foreclosure in 2009 and 2010 will receive cash compensation under the settlement, with payments ranging from a few hundred dollars to potentially as much as $125,000 in a small percentage of cases. Those eligible are expected to be contacted by the end of March, regulators said.

In addition, any struggling borrower whose mortgage is serviced by one of the 10 banks in the settlement is eligible to benefit from the $5.2 billion non-cash portion of the deal, for example through a loan modification.

After taxes about $13.53

If a little knowledge is a dangerous thing, then that makes me a burning truck filled with TNT hurtling through a rocket fuel depot.

Ask a Question... We'll forward it to people who know

More Questions

How much money to take to Malawi?

Good Day My Name is Dorene Zeller i am from United State I saw your question regarding a loan. i got a loan the sum of $300.000 from a legitimate loan lender called DENNIS HOPKINS FINANCE HOME. you can contact them for financial Help. You are 100% Guarantee receiving your loan without any delay ...

What if a contractor has been paid in full and in 3 months wants paid

Without billing or invoices, no. You are legally entitled to itemized invoices showing where the money was spend, both on materials and labor. This constitutes a legal document. If he has done no further work to produce an invoice showing where the money went, he is not entitled to any monies ...

EB5 Visa

EB-5 Visa provides a method of obtaining a green card for foreign nationals who invest money in the United States.To obtain the visa, individuals must invest $1,000,000 (or at least $500,000 in a "Targeted Employment Area" - high unemployment or rural area), creating or preserving at least 10 jobs ...

Tadpole's boring games.

Leftist Muslim Atheist poster, you can't tell your new alias Chivairous W. apart from the other aliases that you posted under today. Harley S., Philo M., The little Tramp, Brother B., Snicker anonymous and anonymous. He also posted under Lenore and hours of his childish cartoons. Everyone is sick ...