“The government’s largest effort to compensate victims of the banks’ foreclosure practices is finally sputtering to an end. But for most of those eligible – nearly three million borrowers – it won’t be much of an ending: they’ll be receiving a check for $300 to $500.  For many borrowers, it’s a likely an unsatisfying end to a process defined by years of frustration.  Only about 11 percent of eligible borrowers filled out complaints, a low response rate both consumer advocates and the Government Accountability Office attributed to borrower confusion and poor outreach by regulators and the banks.”

http://www.propublica.org/article/for-most-homeowners-govt-foreclosure-deal-brings-a-few-hundred-bucks

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