Checks sent to foreclosure victims are bouncing

A sign hangs in the window of a foreclosed house on October 29, 2012 in Warren, Ohio.

Today's final note brings with it a shake of the head and a 'no, c''re kidding, right?'

From the Federal Reserve, we have news that some of the checks sent to victims of foreclosure abuse — robo-signing, wrongful eviction — have bounced.

The good news is that it seems to be a paperwork snafu, not actually insufficient funds in the $3.5 billion settlement account.

But still.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.


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