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:
  • Student debt and American decline - Individual.com
    ... in signing their names, they agree to certain ... Borrowers seeking forbearance — which, in the context of mortgages, delays foreclosure — ...
    10/31/2014 - 8:48 am | View Link
  • Ocwen Financial Shares Crushed By Regulator Report - Yahoo! Finance
    Ocwen Shares Slammed Again As Wall Street Continues Reacting To New ... - Forbes.com
    10/22/2014 - 11:19 am | View Link
  • Top Regulator Says Bank CEOs Meant Well -- This Evidence Says ... - Huffington Post
    ... executives and said, 'Foreclosure paperwork is too time-consuming. Let's start robo-signing the ... or, for that matter, the borrowers ...
    10/21/2014 - 11:39 am | View Link
  • BancorpSouth Announces Third Quarter 2014 Earnings - Morningstar.com
    BancorpSouth Announces Third Quarter 2014 Earnings - WorldNetDaily
    10/20/2014 - 4:43 am | View Link
  • More
YAHOO NEWS:
  • Ocwen Financial Shares Crushed By Regulator Report
    After firing several shots across the bow, it appears that the New York State Department of Financial Services (NYDFS) latest allegations might actually torpedo the once high-flying flagship of the Ocwen ...
    10/22/2014 - 9:20 am | View Link
  • BancorpSouth Announces Third Quarter 2014 Earnings
    TUPELO, Miss., Oct. 20, 2014 /PRNewswire/ -- BancorpSouth, Inc. (NYSE: BXS) today announced financial results for the quarter and nine months ended September 30, 2014. Highlights for the third quarter ...
    10/20/2014 - 4:29 pm | View Link
  • Lenders Let “Zombie” Mansion Rot
    An abandoned showpiece circa-1890 home in Westville is crumbling—and the city, its legal owner, and a series of would-be rescuers say they can’t stop it.
    10/8/2014 - 3:12 pm | View Link
  • More
BING NEWS:
  • 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
  • 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 - 5:56 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
  • Foreclosure Review Is Free, But Few Borrowers Apply
    Source: Office of the Comptroller of the Currency, www.independentforclosurereview.com The push for a review process was set in motion by the "robo-signing" scandal. In 2010, several banks admitted mishandling some foreclosure documents. Some borrowers may ...
    05/9/2012 - 10:54 am | View Link
  • More
BING SEARCH:
  • 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 ...
    10/31/2014 - 12:49 am | View Website
  • Bank of America Foreclosure Reviews: Whistleblowers Reveal ...
    In the executive summary to this series, we provided an overview of OCC/Federal Reserve foreclosure reviews which were abruptly settled at the beginning of January.
    10/30/2014 - 11:16 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 ...
    10/29/2014 - 1:12 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 ...
    10/28/2014 - 7:19 am | 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 ...
    10/28/2014 - 3:08 am | View Website
  • More
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