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Mortgage Servicing Settlement Reaches $50 Billion Payout to Homeowners 

May 21, 2013By

A landmark servicing settlement impacting the largest mortgage servicers in the U.S. has distributed more than $50 billion to date to homeowners impacted by loan servicing and foreclosure abuses.  The settlement funds have reached more than 620,000 homeowners, or roughly $81,000 per homeowner, the Department of Housing and Urban Development announced Tuesday based on research […]