User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


78° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Recipients Of Natl. Mortgage Fraud Settlement

December 13, 2012, 11:46 AM by Angela Kennecke

Recipients Of Natl. Mortgage Fraud Settlement
SIOUX FALLS, SD -

South Dakota's share of the $25 billion settlement between states and mortgage companies for certain practices going on in the mortgage industry is being divvied up. 

The state received nearly $8 million in the settlement. 

$1.5 million of that goes to South Dakota borrowers in loan modifications.

Homeowners who were treated unfairly in the foreclosure process can get $2,000 in cash payments for a total of $1.3 million dollars.

The other $3 million of the settlement money has been divided up by a task force.

The top three recipients of the money are the South Dakota Home Builders Association; GROW South Dakota, an organization to help veterans get financing and buy homes; and the South Dakota Housing Development Authority. 

Review a complete list of where the money is going by clicking on the link below.

MortgageFraudSettlement.pdf

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED