The U.S. Attorney General recently announced the federal government and 49 states have entered into the largest consumer financial protection settlement ever with the 5 largest mortgage services to address mortgage servicing, foreclosure, and bankruptcy abuses.
To learn more about whether your loan may be affected by this settlement, the timeline for relief, and other questions, please visit:
1. The United States Trustee Program’s website concerning the National Mortgage Settlement, which includes Frequently Asked Questions: http://www.justice.gov/ust/eo/public_affairs/consumer_info/nms/index.htm
2. The website of the Office of Mortgage Settlement Oversight at:http://www.mortgageoversight.com/
3. The website of the Executive Committee of the state attorneys general: http://www.nationalmortgagesettlement.com/