Detailed text transcripts for TV channel - MSNBC - 20130502:18:54:00
Save his home since his servicer made a mistake declaring his family behind on the mortgage when they were not. he received a post card recently saying he'll be getting a check. he too expects $300. >> it is kind of like a slap in the face. we've been trying to work through this for three years now. and we've lost lots. >> reporter: in all 13 banks will pay $3.6 billion to homeowners under the settlement. the five biggest banks alone earn more than $60 billion last year. the largest payouts, $125,000, go to more than 1,000 members in the military wrongly foreclosed on. and to 53 homeowners for...
Source: news source