AG Miller: Iowa Homeowners Get $32M In Relief From Settlement

2/22/2013 6:38:39 AM

Iowa Attorney General Tom Miller says the nation's five largest mortgage companies provided nearly 32-billion dollars in direct relief to Iowa homeowners last year. That followed a settlement announced a year ago. The average relief in the state was just over 33-thousand dollars per borrower, and 204 homeowners successfully refinanced through the settlement, with an average interest rate reduction of three-point-66 percent.

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