Dekut - Board of Governors of the Federal Reserve System https://www.dekut.com/World_Business/board-of-governors-of-the-federal-reserve-system-/ Payments to 4.2 million borrowers are scheduled to begin on April 12 following an agreement reached by the Office of the Comptroller of the Currency and the Federal Reserve Board with 13 mortgage servicers. The agreement, which was reached earlier this year, provides $3.6 billion in cash payments to borrowers whose homes were in any stage of the foreclosure process in 2009 or 2010 and whose mortgages were serviced by one of the following companies, their affiliates, or subsidiaries: Aurora, Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan Chase, MetLife Bank, Morgan Stanle Read Morey, PNC, Sovereign, SunTrust, U.S. Bank, and Wells Fargo..... Sun, 14 Apr 2013 03:07:19 UTC en