More Than 14,000 Wisconsin Borrowers Who Lost Their Homes to Foreclosure to Receive Payments Under National Mortgage Settlement

MADISON – June 4, 2013 – (RealEstateRama) — Attorney General J.B. Van Hollen announced today that more than $21.85 million dollars will be distributed to 14,723 Wisconsin residents who lost their homes to foreclosure. Payments are expected to be at least $1,480 for each foreclosed home. These payments are one aspect of relief under the National Mortgage Settlement, and will be mailed to eligible borrowers from June 10-17.