Monday, July 16, 2012

Independent Foreclosure Review Deadline Extended

Your chance to apply for an independent foreclosure review just got extended.  If you were in foreclosure action in 2009 through 2010--even if you did not lose your house--you may be eligible for a financial compensation if you suffered financial loss because of this foreclosure action.  The old deadline was the end of July, 2012, but it's been extended through December 31, 2012.

If your loan servicer is one of 27 affected companies (and if you don't know who it is, call  1-888-952-9105 for this or any other help), you may be eligible.  Here's more information.  You can apply for a review online, or call the number to have someone help you apply.  This program is NOT the same as the foreclosure relief program that came as a result of a settlement between lenders and state's attorneys general.  See this page for some of the differences between the two programs.

And remember, DON'T fall for scams.  You don't have to pay anyone to file for an independent review.  Anyone who asks for payment for filing is a scammer. 

Post-script:  Gee, maybe this is why they've had to extend that independent foreclosure review deadline.  Who could have guessed that the communication would be so obtuse that nobody knew their rights?  So call the toll-free number above, already and check out the website, and see if you have a case.

1 comment:

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