As of April 25, 2013, more than one million people either deposited or liquidated more than $1 billion in checks affiliated to the Independent Foreclosure Review Payment Agreement.    

The payments were granted to borrowers whose properties were going through phases of the foreclosure process back in 2009 or 2010,  and whose mortgages were serviced by any of the following companies, their affiliates, or subsidiaries: Citibank, Bank of America, SunTrust, Wells Fargo, PNC, Sovereign, HSBC, JPMorgan Chase, Goldman Sachs, Metlife Bank, Morgan Stanley, Aurora, and U.S. Bank. This is due to a concession between the Office of the Comptroller of the Currency, the Federal Reserve Board, and the 13 services to bestow $3.6 billion worth of defrayments to the borrowers.

Also, disbursements to more than 220,000 borrowers whose mortgages were serviced by Morgan Stanley and Goldman Sachs started May 3, 2013 in the wake of a separate agreement disclosed earlier this year by the Federal Reserve Board.