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:
  • Floridians eligible for foreclosure restitution not responding [The ... - BusinessWeek
    ... signing." To be eligible for the payouts, a person must have lost their home to foreclosure ... billion payout to 4.2 million borrowers ...
    08/27/2014 - 7:04 am | View Link
  • Madigan Announces Record $300 Million for Illinois' Pension Systems, ... - TMC Net
    BofA Settles, KPMG Bank Rules, Chilton Hired: Compliance - Bloomberg
    08/22/2014 - 6:31 am | View Link
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BING NEWS:
  • Ten Thousand Massachusetts Borrowers Who Lost Their Home to Foreclosure to Receive $16M in Relief
    Each homeowner approved by the settlement administrator should expect to receive ... “These Massachusetts homeowners are being compensated for the banks’ rush to foreclosure, unlawful robo-signing of documents and a failure to determine whether a ...
    06/11/2013 - 1:54 pm | 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 ...
    01/2/2013 - 2:54 pm | 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 - 2:27 am | View Link
  • Foreclosure review program befuddles borrowers
    Tens of thousands of homeowners were victims of the "robo-signing" scandal in which employees of mortgage servicing firms generated bogus documents to speed foreclosure. The Independent Foreclosure Review was launched last November by 14 major mortgage ...
    07/16/2012 - 9:06 am | View Link
  • New Foreclosure Wave To Hit 'Everyday' Borrowers
    "Last year was an anomaly, and not in a good way," he said. In 2011, the "robo-signing" scandal, in which foreclosure documents were signed without properly reviewing individual cases, prompted banks to hold back on new foreclosures pending a settlement.
    04/4/2012 - 4:46 pm | View Link
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BING SEARCH:
  • 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 ...
    09/16/2014 - 11:22 am | View Website
  • Foreclosure
    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing ...
    09/16/2014 - 1:06 am | 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 ...
    09/16/2014 - 12:23 am | View Website
  • 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 ...
    09/14/2014 - 11:17 am | View Website
  • FORECLOSURE BY PRETENDER LENDER FOLLOWED BY BORROWER’S ...
    13 Questions Before You Can Foreclose. foreclosure_standards_42013 — this one works for sure. If you are seeking legal representation or other services ...
    09/13/2014 - 4:26 pm | View Website
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