Tennessee homeowners receiving part of multimillion dollar settlement
Updated On: Feb 22 2013 04:51:12 PM CST
Around 4,000 Tennessee homeowners are now getting relief when it comes home foreclosure abuse.
Tennessee's Attorney General says $161 million in loan relief was part of a $25 billion multi-state settlement with five U.S. banks: Bank of America, JP Morgan Chase, Wells Fargo, Citibank and Ally Financial.
Ultimately, eligible homeowners in Tennessee could get more than $200 million in mortgage relief, with most of the money helping to avoid foreclosure.
Copyright © 2014 by WCYB. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.