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FINALLY, the fraudulent lenders are going to payback the money that they illegally and unjustifiably stole from struggling homeowners and servicemen. Lenders have been obviously dragging their feet in this matter for some time. Apparently the Federal Reserve is taking responsibility for the delay in getting compensation to victims of unethical foreclosure practices. According to the Office of the Comptroller of the Currency (OCC) and the Federal Reserve, checks should be sent out to those who were wrongfully foreclosed upon by the end of this month.
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