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Expirations Loom on Up to $1B in Foreclosure Review Checks

Nearly all of the 4.2 million payout checks from the failed Independent Foreclosure Review have been issued, worth about $3.5 billion. Rust Consulting, the paying agent, will mail about 37,000 remaining checks totaling more than $43 million later this summer to complete the distribution of checks, according to the latest update from the Office of the Comptroller of the Currency.

via Expirations Loom on Up to $1B in Foreclosure Review Checks | ecreditdaily.com.

 

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