Monday, October 20, 2014

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Story Title:
NY1 For You: State Reveals Some Banks Are Holding Insurance Checks From Sandy-Impacted Homeowners

Story Summary:
Many Hurricane Sandy victims receiving insurance claim checks are facing a hurdle they hadn’t anticipated: the check is issued jointly to the homeowner and the homeowner’s bank or mortgage servicer. That means the bank is required to endorse the check before the homeowner may access the funds, and this is leaving many homeowners hanging.
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