Nearly 2.9 million cash checks from foreclosure settlements

Nearly 2.9 million borrowers have either cashed or deposited checks they have received as a result of foreclosure settlements between federal regulators and 13 servicers, including Bank of America, Wells Fargo and JPMorgan Chase. The checks represent a total of $2.5 billion. Thus far, 3.9 million checks worth more than $3.4 billion have been sent out to those eligible.

Source: DSNews.com