Foreclosure Settlement Checks Bounce

Checks sent to victims of faulty foreclosure procedures as part of a $3.6 billion settlement with banks weren't huge. But at least they offered homeowners who'd been wronged a small amount of redemption.

Not so fast. As Huffington Post reports, some of the checks apparently could not be cashed.

According to a news release from the Federal Reserve, consumers called into the fed's hotline to report the problem.
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