Believe it or not, 92.5% of the 4.5 million homeowners who had a home in some state of foreclosure between January 1, 2009 and December 31, 2010 have done nothing to collect on the huge settlement that the U.S. Government received from mortgage lenders. It doesn’t matter if all you every got was a single foreclosure notice. Even if you brought your mortgage current, turned over your keys with a deed-in-lieu, did a short sale, loan modification or eventually went through foreclosure, you may be eligible.
Visit the Federal Review Bureau’s foreclosure review page to find out if your mortgage lender was part of the settlement. Then call the toll-free number they have to get instructions on how to get a free review and see if you’re due compensation for the experience you went through.
So many people complained about the bank bailout who could benefit from resources that have been set aside in this settlement. The deadline has been extended to September 30, 2012. If you know of ANYONE who struggled to save their home during that time period, and had a mortgage with one of these lenders, please tell them to visit the page above and make the call. Share this article with everyone you can think of who might have been affected. Time for your bailout!
Lenders included in the settlement (if your mortgage was originally with one of these companies, you may be eligible):
| America’s Servicing Company | Countrywide | National City Mortgage |
| Aurora Loan Services | EMC Mortgage Corporation | PNC Mortgage |
| BAC Home Loans Servicing | EverBank/EverHome Mortgage Company | Sovereign Bank |
| Bank of America | Financial Freedom | SunTrust Mortgage |
| Beneficial | GMAC Mortgage | U.S. Bank |
| Chase | HFC | Wachovia Mortgage |
| Citibank | HSBC | Washington Mutual (WaMu) |
| CitiFinancial | IndyMac Mortgage Services | Wells Fargo Bank, N.A. |
| CitiMortgage | MetLife Bank | Wilshire Credit Corporation |
my mortgage was originally First Horizon Home Loans, aquired by Everhome Mortgage 2008. Does it fit?
Since Everhome Mortgage took it over, Gary, there’s a chance it may be. Visit this website https://independentforeclosurereview.com/ and plug in your Everhome account number and the few other pieces of information they request. If it qualifies, you should be allowed to fill in the form online or print it out and send it to them. They’ve extended the deadline to DECEMBER 31, 2012, SO PLEASE CHECK TO SEE IF YOU WOULD BE ELIGIBLE AND SUBMIT YOUR FORM. There’s no guarantee you’ll be due an compensation, but since there’s a chance you might be due, it’s best to submit and allow the mortgage to be reviewed. Each finding of eligible loans points out where mortgage lending reform may still be needed and who needs it most among the mortgage lenders. Good luck and keep me posted on how it goes!
Peace, Paula