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Mortgage Settlement Checks To Be Distributed In SD



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South Dakota Attorney General Marty Jackley will be distributing checks to two local organizations Wednesday as part of an estimated $7.8 million in loan relief from five U.S. banks.
 
The loan relief money is part of a $25 billion mortgage settlement negotiated last year over nationwide foreclosure abuses.
 
The distribution ceremony will take place at the Capitol Rotunda in Pierre at 8:30 a.m.
 
Also in attendance will be mark Lausing with the South Dakota Housing Development Authority and Dwight Neuharth with the South Dakota Home Builders Association.
 
The public is invited to attend.
 
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