Relevant:
- $25B deal with banks over deceptive foreclosure practices sent to AGs as settlement nears
- Why Millions Won't Get Help From Big Mortgage Settlement
- 1,100 borrowers to receive max $125,000 payment in foreclosure settlement
- HSBC Reaches $470 Million Accord Over Foreclosure Abuses
- 72,000 Michigan homeowners may receive payout after deceptive mortgage settlement
2013-01-07 — nytimes.com
``Some back-of-the-envelope arithmetic on this deal is your first clue that it is another gift to the banks. It's not clear which borrowers will receive what money, but divvying up $3.75 billion among millions of people doesn't amount to much per person. If, say, half of the 4.4 million borrowers were subject to foreclosure abuses, they would each receive less than $2,000, on average. If 10 percent of the 4.4 million were harmed, each would get roughly $8,500. ''
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