WAMU 88.5 : News

Filed Under:

Over 22,000 Virginians Get Money As Part Of Mortgage Fraud Settlement

Play associated audio

More than 22,000 Virginians will soon get a check in the mail as part of a national mortgage foreclosure abuse settlement.

The checks are intended to compensate Virginia borrowers who suffered foreclosure abuse from 2007 to 2011 as their loans were serviced by Ally/GMAC, Bank of America, Citi, J.P. Morgan Chase, and Wells Fargo.

Attorney General Ken Cuccinelli said Monday that each recipient will receive $1,480. Cuccinelli says more than 13,000 Virginia households also have received about $933 million in loan modifications and other forms of relief.

The payouts to mortgage holders in 49 states total just over $33 million. Over 10,000 Maryland residents got $1,500 as part of the settlement. Oklahoma is the only state the opted not to participate.

NPR

Aviator Beryl Markham Soars Again In 'Paris Wife' Author's New Book

"It is my fate to illuminate the lives of these one-of-a-kind notable women that have been somehow forgotten by history," says Paula McClain. She shines her spotlight on Markham in Circling the Sun.
NPR

At The Purple Pie Place, Where The Crusts Are Just Sweet Enough

Bobkat's Purple Pie Place is a fixture in Custer, S.D. From chicken pot pie to strawberry rhubarb, Trevor Yehlie and his family have been baking and serving pies at the local favorite since 2009.
NPR

SuperPACs Report Their Funds — And The Numbers Are Staggering

SuperPACs released their latest funding numbers Friday, and already it's clear that the committees' roles in 2016 will be gargantuan.
NPR

Despite Host Controversy, Amazon Takes A Chance On 'Top Gear'

The trio that made Top Gear the world's biggest car show will return to the small screen in a new show for Amazon Prime. The BBC canned one of its hosts last year after a fight with a producer.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.