Foreclosure review deadline extended
Please alert your community

Homeowners who suffered financially because of improper foreclosure practices are entitled to have their case reviewed as part of a government consent decree with 14 mortgage servicers.

Borrowers who experienced servicer errors, misrepresentations and other problems in 2009 and 2010 can report foreclosure complaints and request an independent review.

The deadline to request a foreclosure review has been extended to July 31, 2012.

Homeowners should request a “full file review”.

Housing counselors and advisors who plan to help homeowners complete the 5-page review form can participate in a webinarWednesday Feb. 29 from 2:00 pm – 3:30 pm (ET). No advanced registration required.

Visit: http://www.visualwebcaster.com/event.asp?id=85423

For audio only call: (888) 669-0684

There is no charge for the review and applying for one will not affect any other foreclosure prevention effort homeowners are attempting. Consumers will be eligible for compensation for their losses where reviewers find errors or abuses.

You may submit questions about the review form to:
mailto:cca.policy.webinar@frb.gov

Categories: News

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