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

A Biography Of Your Cubicle: How This Became The Modern Workplace

The office has long been seen as a symbol of boredom: It's a killer of spirits, a destroyer of spontaneity. But reviewer Rosecrans Baldwin says a new book brings out its entertaining side.
NPR

California Farmers Finagle A Fig For All Seasons

Two growers are competing to harvest fresh figs earlier and earlier in hopes of transforming the industry for year-round production. But some fig lovers say they can hold out for summer fruit.
NPR

Report Decries A Cozy Relationship Shared By DHS And Watchdog

A Senate panel released a report Thursday that criticizes the inspector general of the Department of Homeland Security. It accuses him of repeatedly compromising his independence.
NPR

Rural Hospitals Weigh Independence Against Need For Computer Help

Hospitals in out-of-the-way places are making trade-offs as they adopt electronic medical records. Some are joining larger health systems, while others are searching for ways to go it alone.

Leave a Comment

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