Borrowers may give up future claims in foreclosure reviews - FORECLOSURE FRAUD

Categorized | STOP FORECLOSURE FRAUD

Borrowers may give up future claims in foreclosure reviews

Borrowers may give up future claims in foreclosure reviews

We already knew this and if you expect any real restitution, you’re in for a surprise!

HW-

A mortgage servicer will be granted a waiver from future claims depending on what sort of remediation a borrower gets from the foreclosure reviews conducted under federal consent orders.

Independent consultants, approved by the Office of the Comptroller of the Currency and the Federal Reserve, will review nearly 4.5 million foreclosure files over the next several months. They will be looking for any harm caused by improper practices uncovered last year.

[HOUSING WIRE]

© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 11558 posts on FORECLOSURE FRAUD.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

One Response to “Borrowers may give up future claims in foreclosure reviews”

  1. No shoold accept this and sign away our rights.

Trackbacks/Pingbacks


Leave a Reply

Advert

Archives