Thousands of Tennesseans may be eligible for payment under mortgage foreclosure settlement

8:34 PM, Oct 8, 2012   |    comments
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Notices are going out in the mail to 37,000 Tennessee borrowers who may be eligible for payment under a $25 billion mortgage foreclosure settlement.

Certain people who lost their homes to foreclosure between January 2008 and December 2011 are included.

The banks involved are Ally/GMC, Bank of America, Citi, JP Morgan Chase and Wells Fargo.