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Colorado Mortgage Relief Coming

DENVER (AP) — Coloradans affected by mortgage servicing issues should see a relief check sometime this month.

Checks totaling more than $33 million are to be mailed to nearly 23,000 Colorado borrowers who had submitted a valid foreclosure-payment claim through the National Mortgage Settlement administrator.

Colorado Attorney General John Suthers announced Tuesday that the average check will be about $1,480, much more than the original $840 that was anticipated.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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