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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 This material may not be published, broadcast, rewritten or redistributed.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 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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