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VOL. 127 | NO. 190 | Friday, September 28, 2012

Tennesseans Receiving Claims Forms in Settlement

AP

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NASHVILLE (AP) – The state attorney general's office is mailing claims forms to about 37,000 Tennesseans who may be eligible to receive a portion of a national mortgage foreclosure settlement.

Eligible borrowers include those who lost their homes to foreclosure between Jan. 1, 2008, and Dec. 31, 2011, to one of the nation's five largest mortgage servicers. They are Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.

The settlement includes about $1.5 billion for qualified borrowers who lost their homes to foreclosure. The exact payment will depend upon the number of borrowers who participate.

In Tennessee, packets are being mailed to eligible borrowers beginning this week and continuing through Oct. 12.

Claims forms can be mailed back or filed online at www.nationalmortgagesettlement.com. The deadline is Jan. 18.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 30 88 3,883
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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