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Thousands Of Indiana Mortgage Customers To Get Money Back

money in hand
money in hand

More than 18,000 Indiana consumers will soon see checks for their share of the National Mortgage Settlement.

Those eligible lost their homes to foreclosure between 2008 and 2011 while their mortgage was being serviced by Bank of America, Citi, JPMorgan Chase, Wells Fargo or Ally, formerly known as GMAC.

Indiana Attorney General Greg Zoeller says the total is more than $26 million.

Each check will be worth $1,480 and will be mailed by June 17 to Indiana residents who submitted valid claims.