| |
Independent Foreclosure Review Process Available for Struggling Homeowners
Great news for homeowners to have had foreclosures filed between Jan 1, 2009 and December 31, 2010 is that on [November 1, 2011 from the Office of the Comptroller of the Currency (banks regulator)] the 14 mortgage servicers covered by the enforcement actions began mailing letters to eligible borrowers that explain how to request a review of their case if they believe they suffered financial injury as a result of errors, misrepresentations, or other deficiencies in foreclosure proceedings related to their primary residence between January 1, 2009 and December 31, 2010. Borrowers may also visit
www.IndependentForeclosureReview.com for more information about the review and claim process. Assistance with requesting a review and answers to questions about the process are available at 1-888-952-9105, Monday through Friday from 8 a.m. to 10 p.m. (ET) and Saturday from 8 a.m. to 5 p.m. (ET).
Has anyone received this mailing from their lender? Has anyone requested a review yet? Please note that requests for review must be received by April 30, 2012.
Consent orders were issued on April 13, 2011 and taken out against the following list of banks:
- Bank of America
- Citibank
- HSBC
- JP Morgan Chase
- MetLife Bank
- PNC
- U.S. Bank
- Wells Fargo
- Aurora Bank
- EverBank
- One West Bank
- Sovereign Bank.
Independent Foreclosure Review--Each bank has been assigned a firm to conduct the review.
Phone 1-888-952-9105
Monday through Friday from 8 a.m. to 10 p.m. (ET)
Saturday from 8 a.m. to 5 p.m. (ET).
The OCC press release can be found at http://www.occ.treas.gov/news-issuances/news-releases/2011/nr-occ-2011-133.html
Independent Foreclosure Review Process Available for Struggling Homeowners Jason Hector, Real Estate Broker, CA Dept of Real Estate Lic. #01481898
(818) 357-9658 Cell
(866) 791-3290 Fax
jhector@socal.rr.com
www.jasonhector.com
11630 Seminole Circle
Northridge, CA 91326
(800)-626-6469 Phone
(866)-791-3290 Fax
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
Home Affordable Foreclosure Alternatives (HAFA): Lender and Homeowner Incentives: The number of HAFA short sales is on a steady rise as they are the best choice for my clients who are eligible. I must admit they take a bit longer, however the…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
Porter Ranch (Northridge, CA) Gated Communities seeing more Short Sales. For the most up to date and current information about whats going on in Northridge aka Porter Ranch the Porter Ranch Neighborhood Council website is very informative and…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
Having Success With Filing HAMP and HAFA Escalations and OCC Complaints What a pleasure to have their assistance in handling some of the overly agressive foreclosure threats I have noticed recently in the last couple weeks. Attitudes from…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
I came across a few good points to look out for to share today. To start, it was stated that about one third of short sales are not able to be closed for varrious reasons like: Seller has too many assets--In this case the lender will require an…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
Foreclosure Prevention and Response Program As a part of its Right Tools, Right Now program, on March 1, 2009, NAR introduces the Foreclosure Prevention and Response (FPR) Program to aid REALTORS®, their clients, and the nation's communities…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
The Franchise Tax Board (FTB) announced today that it will stop accepting applications for the new home tax credit at midnight tonight, Thursday, July 2, 2009. New tax law allocated $100 million of tax credits made available to roughly 10, 000…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles. City of Los Angeles Housing Department’s Mortgage Credit Certificate Program (MCC) –…
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified (San Fernando Valley, Santa Clarita and Simi Valley, CA)
By using a feature called rDesk, you can use IDX links to a custom search feature, to your listing, and a map search. For example… here are the new links which I will be adding to my profile and future blogs. Search for Homes Thanks, Jason…
|
|
|
Jason Hector, Realtor, CDPE, SFR HAFA Certified
Northridge,
CA
More about me…
San Fernando Valley, Santa Clarita and Simi Valley, CA
Address: Northridge, CA, 91326
Office Phone: (818) 626-6469
Cell Phone: (818) 357-9658
Email Me
San Fernando Valley Realtor Specializing in Foreclosure and Short Sales in the Los Angeles and Ventura Counties.
 Links
Archives
|
;)
;)
