Tagged: homeowners

Banking
1:52 pm
Fri February 10, 2012

Kentucky Will Receive Piece of Nationwide Foreclosure Settlement

Kentucky’s share of the nationwide foreclosure settlement with five major banks is nearly $59 million. Attorney General Jack Conway announced yesterday how that money will be used to help borrowers struggling with high mortgage payments or who have already been through foreclosure. Some of the funds will go toward paying down principal balances for consumers who owe more than their home is worth. Conway says,

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