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Independent Foreclosure Review Checks Cashed Or Deposited Successfully Total 2.3 Billion
Date:5/26/2013

Minneapolis, Minnesota (PRWEB) May 26, 2013

The Office of Comptroller on the Currency (OCC) just released news that Foreclosure Review compensation checks already cashed or deposited add up to $2.3 billion, as of May 23, 2013. As efforts correcting foreclosure poor practices continues, homeowners who find they have a good check to cash are glad they are not bouncing as previous ones have.

"Many of the Independent Foreclosure Review check recipients are homeowners who had to face and make some really hard decisions along the way. While it is probably not enough to be a deposit down on another home purchase, it can help start saving toward that end. The checks are an acknowledgment that a genuine concern exits to help stop foreclosure wrongs and put some funds back into the hands of those who may have born the unnecessary burden of losing their home," states Jenna Thuening, owner of Home Destination.

The successfully cashed or deposited checks total nearly $2.3 billion through May 23, 2013.
Overall, more than 3.9 million individual checks have been sent out to eligible borrowers, totaling more than $3.4 billion. The OCC press release stated a promise too: "A final wave of checks that required additional information from the borrower will be issued during the sum
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