Few Borrowers Signing Up For Foreclosure Review

Deadline for the government's foreclosure review program has been extended to Sept. 30. Just 7.5% of the 4.5 million eligible borrowers have sought a review.Deadlines are looming for anyone seeking a review of their foreclosure proceeding and for homeowners considering a short sale.

Topics:  sept   borrowers   foreclosure review   
ASK NEWS:
  • Dillon Graham Selected for the 2014 Florida Super Lawyers List - PRWeb
    ... distinction reinforces Miami foreclosure ... in-lieu, forced deed-in-lieu, robo-signing, loan ... lenders that refuse to provide the ...
    07/1/2014 - 3:38 pm | View Link
  • NC residents to receive claim forms in Ocwen mortgage settlement - Charlotte Observer
    ... by mortgage-servicing practices that included robo-signing of foreclosure documents, unauthorized ... borrowers who lost their home to ...
    07/1/2014 - 12:55 pm | View Link
  • NJ joins $550M SunTrust settlement 7 days ago - Home News Tribune
    ... provides direct payments to eligible New Jersey borrowers for past foreclosure abuses, the news ... such past foreclosure abuses as ...
    06/25/2014 - 2:51 pm | View Link
  • Biden secures consumer relief for Delaware in ... - Cape Gazette
    ... earmarked for borrowers to provide relief to those who either lost their home to foreclosure ... past foreclosure abuses, such as robo-signing
    06/24/2014 - 7:12 am | View Link
  • Demand national moratorium on foreclosures: Major lenders reveal ... - International Action Center
    In states covered by judicial foreclosure — where the banks have to take borrowers to court ... of GMAC (now Ally Bank), was signing 10,000
    06/23/2014 - 7:43 am | View Link
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YAHOO NEWS:
  • Wells Fargo settles remaining 'robo-signing' mortgage litigation
    Wells Fargo & Co. has agreed to spend $67 million on mortgage-related issues to settle remaining civil litigation stemming from the so-called robo-signing debacle.
    05/24/2014 - 12:49 am | View Link
  • More
BING NEWS:
  • Borrowers: Foreclosure checks a raw deal
    Recipients are gladly depositing the checks, but many are dissatisfied with the ... Those years mark the height of robo-signing, the process of approving foreclosure documents with little or no approval. Rhett Edwards, of Allied Gardens, also is ...
    04/28/2013 - 1:32 am | View Link
  • Payments coming for borrowers in $3.6B foreclosure settlement
    the servicers had agreed to hire independent consultants to conduct foreclosure reviews for each borrower that might have been impacted by the robo-signing scandal. The independent reviews, however, proved too costly, said Bryan Hubbard, a spokesman for ...
    04/10/2013 - 2:29 am | View Link
  • Foreclosure reviews for borrowers may be in limbo
    Lenders agreed to this deal in 2011 to settle charges of "robo-signing," the process of approving loan ... billion deal between major banks and regulators to supplant the independent foreclosure review system. The Federal Reserve Board and the Office ...
    01/1/2013 - 11:00 am | View Link
  • Short Sales Provided to 37% of Borrowers Under ‘Robo-signing’ Foreclosure Settlement
    Short sales were provided to more than a third of the 309,385 borrowers who have received some kind of relief under the national foreclosure-abuse settlement with the top lenders, according to the deal’s administrator. That means that more than a third ...
    11/22/2012 - 11:00 am | View Link
  • Details of Foreclosure Settlement for Florida Borrowers
    This landmark case accused the five largest mortgage servicers of routinely signing foreclosure documents without a notary public present and without personal knowledge that the facts in the documents were correct, plus widespread errors and abuses of the ...
    10/3/2012 - 2:26 am | View Link
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BING SEARCH:
  • FRB: Press Release--Payments to 4.2 million borrowers ...
    Payments to 4.2 Million Borrowers Covered by Foreclosure Agreement to Begin April 12 WASHINGTON--Payments to 4.2 million borrowers are scheduled to ...
    07/25/2014 - 11:16 pm | View Website
  • What Is My Tax Liability for Signing My House in Lieu of ...
    In order to avoid a foreclosure, the borrowers can willingly sign a deed granting ownership of their property to the lender. In return the lender cancels, or forgives ...
    07/25/2014 - 3:16 pm | View Website
  • FHA Acts to Help Defaulted Subprime Mortgage Borrowers ...
    The Federal Housing Administration (FHA) has announced new lending policies designed to help up to 240,000 holders of subprime home loans avoid foreclosure.
    07/25/2014 - 2:41 pm | View Website
  • Payments to 4.2 Million Borrowers Covered by Foreclosure ...
    Payments to 4.2 million borrowers are scheduled to begin on April 12 following an agreement reached by the Office of the Comptroller of the Currency and the Federal ...
    07/25/2014 - 1:22 pm | View Website
  • Foreclosure Defense: The Movement Grows — Borrowers Come ...
    Most home foreclosures being processed in New Jersey are illegal, a growing group of attorneys contends, because lending institutions cannot prove ...
    07/25/2014 - 12:22 am | View Website
  • More
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