5 major banks vow to release more funds to Hurricane Sandy victims

The state's five biggest mortgage lenders are paying

The state's five biggest mortgage lenders are paying out 25 percent more. (March 2, 2013 5:31 PM)

New help could be on the way for Long Island victims of Hurricane Sandy who are still struggling to rebuild. New York's five largest mortgage lenders say they are releasing an estimated $75 million immediately to help people with storm-damaged homes. State officials say JPMorgan Chase, Citibank, Bank of America, Ocwen and Wells Fargo will start paying out 75 percent of settlements to those who...

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