Litton and Saxon Mortgage Servicing Customers will Start to Receive Checks from Foreclosure Review Settlement on May 3rd, 2013

A press release from the Federal Reserve today states that checks will start being mailed out on May 3rd, 2013 for homeowners who had their loans serviced by Litton Loan Servicing (owned by Goldman Sachs) or by Saxon Mortgage (owned … Continue reading

New Federal Bill Introduced to Create Independent Monitor to Oversee Independent Foreclosure Review

On April 25, 2013, Representative Elijah E. Cummings, the Ranking Member of the House Committee on Oversight and Government Reform, introduced HR 1706, “The Mortgage Settlement Monitoring Act of 2013” that would oversee the distribution of funds from the Independent … Continue reading

Second Wave of Independent Foreclosure Review Checks Mailed Out on April 19, 2013

The Office of the Comptroller Currency announced today that a second wave of 1.4 million checks (totaling $1.2 billion) is being mailed out today to homeowners and former homeowners as compensation under the Independent Foreclosure Review.   A total of 2.8 … Continue reading

Các chiến lược cho việc tìm kiếm xét Tịch thu nhà độc lập: Cập nhật trên $3.6 tỷ USD trong thanh toán bằng tiền mặt và $5.7 tỷ USD vào việc sửa đổi trợ giúp.

(English version: “Independent Foreclosure Review: Update on $3.6 Billion in Cash Payments and $5.7 Billion in Modification Assistance”) Biên tập viên lưu ý: (Foreclosure Help)Trợ giúp Tịch thu nhà là một chương trình được tài trợ bởi thành phố San Jose … Continue reading

March Madness: 9 Important Updates on the Independent Foreclosure Review, Short Sales, Modifications, and Foreclosures

By Sean Coffey, MPA, Program Manager at Foreclosure Help 1) Foreclosure Reviews Update: Updated information about the Independent Foreclosure Review was released on February 28th (see our previous post: “Independent Foreclosure Review: Update on $3.6 Billion in Cash Payments and … Continue reading

Independent Foreclosure Review: Update on $3.6 Billion in Cash Payments and $5.7 Billion in Modification Assistance.

By Sean Coffey, MPA, Program Manager at Foreclosure Help April 25, 2013 Update: Representative Elijah Cummings (D-MD7) introduced legislation today to create a monitor to review the Independent Foreclosure Review, you can read more at our new blog post: “New … Continue reading

New Details on Independent Foreclosure Review: What Banks Are Included, What banks are not

More details are emerging about the replacement of the Independent Foreclosure Review, and we will continue to update as more information is released from the Federal Reserve and the Office of the Comptroller Currency.    We suspect that it will be … Continue reading

Postpone The Independent Foreclosure Review Deadline Until After 215,000 Reviews Have Been Released

The ForeclosureHelpSCC Consortium is sponsoring a petition on Change.org, requesting that the deadline for the Independent Foreclosure Review is postponed past the current deadline of December 31, 2012.  ForeclosureHelpSCC is requesting the regulators to postpone the deadline until two months … Continue reading

California Reinvestment Coalition Denounces OCC’s Approval of CIT Group’s “New” CRA Plan — The Troubled One West and CIT Group Merger

The OCC has blessed a weak CRA plan from a SIFI bank created by two banks with troubled histories. via California Reinvestment Coalition Denounces OCC’s Approval of CIT Group’s “New” CRA Plan — The Troubled One West and CIT Group Merger

New Announcement About Uncashed Checks for Independent Foreclosure Review

Just the messenger folks, contact Rust Consulting for more information: Joint Press Release Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency For release at 1:00 p.m. EDT February 18, 2015 Agencies Announce Reissuance … Continue reading