Roughly 37,000 Tennesseans will soon get a form to claim payments under the national mortgage foreclosure settlement. The agreement between the attorneys generals of 49 states and the nation’s five biggest mortgage service firms went into effect in April.
Roughly 1.5 billion dollars in payments are earmarked for 2 million people who lost their homes to foreclosure between 2008 and 2011 and had their loan serviced by one of the companies.
The Tennessee Attorney General’s office says postcards were mailed last week to people who likely qualify, with larger packets on the way in the mail soon.
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