Saturday, February 18, 2012

Robosigner Settlement

Consumers who want their foreclosure cases checked by a third party as part of federal regulators' independent foreclosure review directive now have until July 31, 2012, to submit their requests. The Federal Reserve and the Office of the Comptroller of the Currency announced Wednesday that the deadline has been pushed out by three months to give consumers more time to file for a case assessment if they believe they suffered financial injury as a result of errors in foreclosure actions in 2009 or 2010.

Participating servicers include:

• America’s Servicing Company

• Aurora Loan Services

• BAC Home Loans Servicing

• Bank of America

• Beneficial

• Chase

• Citibank

• CitiFinancial

• CitiMortgage

• Countrywide


• Everbank/Everhome Mortgage Company

• Financial Freedom

• GMAC Mortgage



• IndyMac Mortgage Services

• MetLife Bank

• National City Mortgage

• PNC Mortgage

• Sovereign Bank

• U.S. Bank

• Wachovia Mortgage

• Washington Mutual

• Wells Fargo

• Wilshire Credit Corporation

Borrowers are eligible for a foreclosure review if their loan is serviced by one of the participating companies above, the mortgage loan was subject to foreclosure between January 1, 2009 and December 31, 2010, and the property securing the mortgage was the borrower’s primary residence.