Foreclosure Review Checks

Many people who are/were in foreclosure, have recently received an Independent Foreclosure Review check from Rust Consulting Inc. Here is why:

An agreement, providing for Independent Foreclosure Review, was reached by the Office of the Comptroller of the Currency and the Federal Reserve Board with several mortgage servicers.

The Independent Foreclosure Review is supposed to determine whether  homeowners, who were in foreclosure between January 1, 2009 and December 31, 2010, suffered financial injury because of “errors” made by their mortgage servicer during the home foreclosure process .

This agreement includes the following Mortgage servicers, their affiliates, or subsidiaries: Aurora, Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign, SunTrust, U.S. Bank, and Wells Fargo.

The above Servicers have agreed to pay a total of $3.6 billion in cash payments to eligible  borrowers.  The payment amounts appear to vary.

Call (516) 777-0146, to speak with a knowledgeable real estate agent.
Bayview Estates Realty is here to assist you.

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