Iowa State Treasurer Michael Fitzgerald is helping the federal bureau which oversees banks try to return unclaimed payments from 15 mortgage servicers to Iowans. Fitzgerald says the Office of the Comptroller (controller) of the Currency has the money from a settlement with lenders who were using improper mortgage lending practices.
Fitzgerald says some people may’ve already gone through a foreclosure, but could still be due some money.
The servicers involved in what was a three-point-six billion dollar overall settlement are: Aurora, Bank of America, Citibank, CountryWide, Goldman Sachs, H-S-B-C, J-P-Morgan Chase, MetLife Bank, Morgan Stanley, P-N-C, Sovereign, SunTrust, U-S Bank and Wells Fargo.
