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What is surplus disbursement?

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Good question. I just got a $5,000 dollar check in the mail and not sure if I should cash it. Its titled as a "surplus disbursement". The problem is its coming from my home mortgage company. Why would they have extra money? wouldn't any extra just be applied to the principle?

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First answer by ID0204255997. Last edit by ID0204255997. Question popularity: 22 [recommend question]

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