On March 6, 2012, President Obama announced relief that will be provided to thousands of servicemembers and veterans by the major mortgage servicers included in the National Mortgage Settlement that was announced in February. This relief includes: Compensating servicemembers wrongfully ...
The CFPB is not administering the Mortgage Servicing Settlement. To read statements on the Mortgage Servicing Settlement by Consumer Financial Protection Bureau Director Richard Cordray and Holly Petraeus, Assistant Director for the Consumer Financial Protection Bureau's Office of Servicemember Affairs, ...
Filing a complaint with the CFPB will not escalate a claim with the National Mortgage Servicing Settlement. Visit http://www.nationalmortgagesettlement.com/ for more information regarding borrower assistance.
The federal government and 49 state attorneys general have entered into a $25 billion agreement with the nation’s five largest mortgage servicers to provide substantial financial relief to homeowners and establish significant new homeowner protections for the future. The state ...
The settlement provides assistance for: Homeowners needing loan modifications now, including first and second lien principal reduction. Borrowers who are current but owe more on their loan than the market value of their home may be able to refinance at ...
Borrowers from Oklahoma will not be eligible for any of the relief directly to homeowners because Oklahoma elected not to join the settlement. Oklahoma homeowners who wish to comment or file a complaint for foreclosure relief consideration, may call the ...
For borrowers who lost their home to foreclosure between Jan. 1, 2008 and Dec. 31, 2011, a settlement administrator designated by the attorneys general will send claim forms to persons eligible for cash restitution. If you believe you are eligible ...