Financial regulators finalized a $9.3 billion settlement with 13 of the nation’s mortgage servicers this week. The Washington Post has more on how the funds will be distributed to homeowners:

Regulators have hired Russ Consulting to dispense $3.6 billion in cash payments to borrowers whose homes were in foreclosure in 2009 and 2010. Those whose homes were wrongfully seized and sold will be awarded up to $125,000. Borrowers who were charged improper fees during foreclosure or hit with higher rates than they should have will be entitled to a few hundred dollars.