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2013-04-27 — utsandiego.com
``Hollenbach, 57, underwent a double-lung transplant, rendering him unable to work and keep up with his mortgage payments. After 18 months of negotiations, his bank did grant him a new monthly payment, except it was $200 higher than the original amount, he said. He could not afford the new payment, and he lost his home to foreclosure.
Hollenbach's check is among more than 4 million payments that are being mailed out to consumers in waves. Those cash payments, totaling $3.6 billion, are part of a deal between 11 major banks and federal regulators that settle allegations of mortgage abuses that may have occurred in 2009 and 2010. ''
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