Current Weather
The Spy FM

Mortgage Settlement Results in First Checks

Filed by Michael Cross in Feature, Local News, News, Politics.
October 15, 2012
 

Click here to download audio

Attorney General Scott Pruitt gives out a $20,000 check to a Tulsa family as part of the $18.6 million settlement with five national banks.

The $20,000 to the Zuniga family is the first mortgage compensation check to victims of unfair or deceptive practices during the housing crisis.

Zachary Zuniga says they lost their home in 2010 despite having made efforts to remodify their mortgage and the $20,000 will help tremendously.

“Pay off our debt that we have now. Our credit will reflect that and get us back where we need to be. And I hope by the middle of next year our credit will be high enough that we can do anything we need to do.”

Attorney General Pruitt says 107 claims of the original 732 applicants have been approved so far at an average of $11,000 each.

Part of the money is also going to the Oklahoma Bar Association to help returning veterans with housing problems and to Legal Aid Services to help other families.

Oklahoma was the only state which didn’t enter into a $25 billion nationwide settlement which Pruitt says will only be paying out an average of $840 to victims.

 

Leave a Reply

9PM to 12AM The Night Shift

The Night Shift

All of our hosts live and breathe the lifestyle of their music genre, but none define it like David Goad, host of the Darkwave show, The Night Shift. He has a degree in guitar performance from the Academy of Contemporary Music at the University of Central Oklahoma and is the lead vocalist for two bands, Of the Tower and Kali Ra.

Listen Live Now!

12AM to 5AM The Spy

The Spy

An eclectic mix of the Spy's library of more than 10,000 songs curated by Ferris O'Brien.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center