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Real Estate & Property Law

: The Home Equity Theft Reporter

Cook County Court Clerk Sits On $18M+ Belonging To Foreclosed Homeowners Who Failed To Claim Surplus Money From Courthouse Sales

By r morris

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In Chicago, Illinois, WLS-TV Channel 7 reports:Cook County Circuit Court Clerk Dorothy Brown says her office has found more than $18 million in mortgage surplus money that belongs to people who lost their homes to foreclosure in the last two decades. The surpluses occur when the bank sells foreclosed homes for more than the homeowners owe. The clerk's database found about 1,900 people are due

Full post as published by The Home Equity Theft Reporter on August 26, 2009 (boomark / email).

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