Victims of Foreclosure Can Ask for Review, Compensation

You may have heard the stories of robo-signings. You may have even been a victim of one.

That's where loan servicers signed off on thousands of foreclosure documents without even reading through them.

Now Uncle Sam's trying to help those who lost their homes to foreclosure under shady methods used by 27 different lenders.

The government's extending the deadline for a free review to July 31st.

That means you have five more months to have experts look over your paperwork, checking to see how your foreclosure was handled.

If a consultant finds you suffered "financial injury"you could get a lump sum payment of $2,000.

To find out filing information click on the link below.

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  • by Chiristina Kirven Location: Massillon,Oh on Feb 26, 2012 at 04:03 PM
    I was a victom of foreclosure,and I woul like to know who to contact about a possible rufund?
  • by Anon Location: C.S. on Feb 21, 2012 at 07:47 AM
    How about rewarding the people that pay their mortgage instead of rewarding people for their irresponsibility?
  • by Nero on Feb 21, 2012 at 06:50 AM
    This does nothing for the people.
  • by D Location: Massachusetts on Feb 21, 2012 at 05:17 AM
    The settlement is such a joke. $2,000?? How does that even come close to the damages losing your home has caused? All the stress, depression and aggrivation far more excedes $2,000. The right thing to do would be recinding foreclosures for the people still in in their homes and getting the homeowners they've already evicted into another property. That is what needs to be done, PERIOD, no if's and's or buts! These banks committed fraud! How does a possible $2,000 (which by the way, if your loan is held by Fannie or Freddie, you are not eligable for) make up for any of the damage done to their victims! If a normal everyday person did anything close to what they did to people, we would be in jail for years! I'm absolutely discusted. These bankers should be in jail.
  • by >:| on Feb 20, 2012 at 06:48 PM
    They could've thought of helping out sooner!!! And up to $2000.00 if they find that you had a robo closure. Woo hoo like thats gonna help :/
  • by Tim Location: CS on Feb 20, 2012 at 06:25 PM
    Oh sure now something comes through for people in need. When we were going through this even on the news nothing happened we were even on the news. Now we continue to suffer and nothing happened. We wrote letters to the Colorado Attorney General and to DORA. We never got through to anyone. The person that screens the calls before the CAG gets it doesnt let anything through. We even had someone from the colorado state mortgage fraud task force helping us. How sad that we are left behind and forgotten. Good luck to the folks who will get help.
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