Few respond to foreclosure review offer from Pace Florida

 

About 4.1M people were offered a free paperwork review of their foreclosure process, but only about 4% followed through. Read more

By April 30, fewer than 165,000 people had applied to have their foreclosures checked for mistakes – about 4 percent of the 4.1 million who received letters about the free reviews late last year, according to the Office of the Comptroller of the Currency. The reviews were agreed to by 14 major mortgage servicers and federal banking regulators in a settlement last year over alleged foreclosure abuses.

So few people have responded that another mailing to almost 4 million households will go out in early June, reminding them of the July 31 deadline to request a review, OCC spokesman Bryan Hubbard says.

If errors occurred, restitution could run from several hundred dollars to more than $100,000.

 

Today's Prayer
Dear God, Thank you for caring so much that you sent your Holy Spirit to touch me and live within me, sealing me unto the day of redemption. Thank you that there is an Intercessor and Savior, praying for me and standing in my stead when I do not even have the words to say. Sometimes, there is just so much to pray for, so many needs or so much heartache that I just do not know what to pray. But you know my heart. You know my needs. You know the needs of those for whom I am burdened. Father, I come to you now offering words of praise and thanksgiving, and trusting you to always be there and to answer the cries of the heart. I love you. In Jesus' name, amen.

Would you like information on buying or selling Foreclosures / Short sales CLICK HERE or Search All Pensacola, Pace or Gulf Breeze Area MLS Listings CLICK HERE for Rentals and Homes Fore Sale.

Buyers are taking advantage of our Smooth Move Program at closing, Choose between 1% Cash Back,  1 years taxes paid, 1 years insurance paid, Free Home Warranty and Use of our Moving Van or Free Survey with Free Termite. Lots of choices but the Realtor should be Contact Charles Stallions 850-478-8811 and make your move smooth.

 

Few respond to foreclosure review offer from Pace Florida

 

Renters are taking advantage of our Smooth Move Program, Choose between Free use of our Moving Van or a $25. or Gift Certificate. Be sure to ask about FREE Rent.

EXPERIENCE the DIFFERENCE…

Call 800-309-3414 for Joyce Kelley CBR, CBA, Buyers Agent for Charles Stallions. I only work with buyers and tenants so you get my undivided attention.

Military Relocation to Pensacola NAS, For Rent 32514, Navy Times Rentals available

 
This post has been included in Florida Real Estate News Santa Rosa County, FL Real Estate News Pace, FL Real Estate News
Post is included in group: Diary of a Realtor
Post is included in group: Investors
Post is included in group: All Things Florida

3 Comments on Few respond to foreclosure review offer from Pace Florida

MAY
26
Great blog and great job. Keep up the good work and good luck to you this year. Thanks.
4:59am • #1
1,445,021 Points 26 Featured Posts Outside Blog Called Shot Master

Our experience is that many distressed mortgage borrowers do not respond to mail offers.  Many, in fact, never contact their mortgage lenders.

Have a very special Memorial Day weekend, with your camera in hand.

6:42am • #2
MAY
29
624,909 Points 1 Featured Post Outside Blog

Thank you Josh I hope too

Hi Roy such wonderful pictures, thanks for stopping by

3:35pm • #3


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Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze Homes Sale or Rent

Gulf Breeze, FL

More about me…

Charles Stallions Real Estate Services Inc

Address: 139 East Burgess Rd, Pensacola, Fl, 32503

Office Phone: (850) 478-8811

Cell Phone: (850) 332-6838

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