YOU’VE PROBABLY SEEN THE JUNK MAIL….A LETTER SUGGESTING THAT YOU SHOULD SUBMIT YOUR CLAIM ABOUT FORECLOSURE CRIMES TO THE INDEPENDENT FORECLOSURE REVIEW TO SEE IF YOU SHOULD BE COMPENSATED.
HAVE YOU DONE IT YET?
IF YOU HAVE NOT, YOUR TIME IS RUNNING OUT….DEADLINE IS DECEMBER 31, 2012
The Federal Reserve Board issued enforcement actions against four large mortgage servicers–GMAC Mortgage, HSBC Finance Corporation, SunTrust Mortgage, and EMC Mortgage Corporation–in April 2011. Under those actions, the four servicers were required to retain independent consultants to review foreclosures that were initiated, pending, or completed during 2009 or 2010. The review is intended to determine if borrowers suffered financial harm directly resulting from errors, misrepresentations, or other deficiencies that may have occurred during the foreclosure process. The servicers are required to compensate borrowers for financial injury resulting from deficiencies in their foreclosure processes.
WEBSITE AND LINK TO FORMS HERE
And if you’ve already submitted a form….if you’ve already gone through the effort…please let me know how things are going…..
PLEASE LEAVE ME COMMENTS ABOUT YOUR EXPERIENCE WITH THE FORECLOSURE REVIEW