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Mortgage Surplus Money---Really?

Posted by: Carleton Sheets in unclaimed funds, refund, Foreclosure on Aug 28, 2009.

One of my staff members in our Illinois office recently sent me this article from the Chicago Tribune about unclaimed funds---mostly from the 1990s and pre- 2007 housing boom--- that are “sitting” in a mortgage surplus account.

Now, keep in mind when you read the Tribune’s article that the $18 million surplus isn’t a statewide surplus. The millions of dollars from unclaimed profits on

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