Deadline to Request Foreclosure Review Extended Three Months!

Consumers who want their foreclosure cases checked by a third party as part of     federal regulators’ Independent Foreclosure Review initiative now have until July 31, 2012, to submit their requests. 

The Federal Reserve and the Office of the Comptroller of the Currency (OCC) announced Wednesday that the deadline has been pushed out by three months to give consumers more time to file for a case assessment if they believe they suffered financial injury as a result of errors in foreclosure actions in 2009 or 2010. The original deadline was April 30.

The independent foreclosure reviews, as mandated and enforced by the federal regulatory agencies, only apply to the mortgage servicers and their subsidiaries that were subject to the enforcement actions handed down by the OCC and Fed on April 13th of last year.

Participating servicers include:

  • America’s Servicing Company
  • Aurora Loan Services
  • BAC Home Loans Servicing
  • Bank of America
  • Beneficial
  • Chase
  • Citibank
  • CitiFinancial
  • CitiMortgage
  • Countrywide
  • EMC
  • Everbank/Everhome Mortgage Company
  • Financial Freedom
  • GMAC Mortgage
  • HFC
  • HSBC
  • IndyMac Mortgage Services
  • MetLife Bank
  • National City Mortgage
  • PNC Mortgage
  • Sovereign Bank
  • U.S. Bank
  • Wachovia Mortgage
  • Washington Mutual
  • Wells Fargo
  • Wilshire Credit Corporation

The real estate market continues to shift! Give me a call today and we can navigate together! 

Rochelle Allison
651-259-4683
rochelle@rochelleallison.com 

data source: dsnews.com

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