News

Actions

Banks to pay Utahns as part of foreclosure case settlement

Posted at 6:57 PM, Jun 04, 2013
and last updated 2013-06-04 20:57:33-04

SALT LAKE CITY – More than 7,000 Utahns will receive a check this month for just under $1,500 following the settlement of a legal case regarding foreclosures.

People who were foreclosed on between 2008 and 2011 who submitted a claim to Bank of America, Chase Bank, Wells Fargo, Ally or Citi Bank and then made a claim through the National Mortgage Settlement will receive a check.

The banks are accused of signing foreclosure related documents without knowing whether the information was correct.