The following post was originally posted on November 1, 2011.
I called to have the paperwork for the Independent Foreclosure Review sent to me. I received the paperwork on December 15th, exactly 45-days after calling the number below.
Chase Home Finance the servicer for Chase Bank refused to treat my family and hundreds of thousands of other families with common decency and used the governments modification program to hold family’s loans ransom to just increase the debt on families.
I tried to work with outside agencies and government agencies for 3-years. The HOPE group, SIGTARP, The OCC, and many others failed my family. The only reason I got some form of justice was because I had an ATTORNEY the last year of the abuse.
Any and everyone that feels they were mistreated by their Bank with regards to their home loan, and/or their Bank did not follow correct procedures when it came to the foreclose process, need to call the number below to get an Independent Foreclosure Review. WE MUST COME TOGETHER AND FIGHT THIS COMMON ENEMY SO THAT IT DOESN’T HAPPEN TO OTHERS. Call 1-888-952-9105 to start the process of your INDEPENDENT FORECLOSURE REVIEW.
The following is brought to you by Steve Goldstein at MarketWatch.Com
Some borrowers could get compensated if mistakes were made.
Those who were foreclosed upon in 2009 and 2010 will be able to request an independent review to get compensated if errors were made, federal regulators said Tuesday.
The reviews apply to 14 banks that were sanctioned by the Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision.
“The independent foreclosure review is a significant component of the mortgage servicers’ compliance with our enforcement actions,” said acting Comptroller of the Currency John Walsh.
Here are some of the situations where borrowers potentially could be compensated: If the mortgage balance at the time of the foreclosure action was more than what was actually owed, if the foreclosure happened even if complying with the modification agreement, if the foreclosure happened while protected by bankruptcy, if the foreclosure happened while still waiting for a response to a modification request, if fees or mortgage payments were inaccurately calculated, or if the foreclosure happened within nine months of ending active military duty.
Borrowers can call 1-888-952-9105 or visit the website IndependentForedlosureReview.Com
for more information.
The independent consultants, in addition to reviewing complaints from the public, will also review a variety of sample cases from each servicer.
Walsh said the reviews will take several months to complete, considering the large pool of borrowers that could be part of the review.
The banks have yet to be fined for their activities, as settlement discussions with both federal and state regulators continue.
The participating servicers are: America’s Servicing Co., Aurora Loan Services, Bank of America, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage, Countrywide, EMC, EverBank/EverHome Mortgage Company, GMAC Mortgage, HFC, HSBC, IndyMac Mortgage Services, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, SunTrust Mortgage, U.S. Bank, Wachovia Mortgage, Washington Mutual and Wells Fargo Bank.
CHASEHOMEFINANCESUX.COM RESPONSE: I called the number for the independent foreclosure review and in about 10 minutes they were able to verify my information and send me the packet to start my review. I will do whatever is available to fight the abuse not just for my family but other families out there getting abused. Everyone else out there in a similar situation should start this independent foreclosure review. This is one of those slow, drown out processes of course, but it may result in some justice for me and others out there fighting the Big Banks.