Robosigning Settlement Help Center
What is the National Mortgage Settlement?
As the result of an on-going investigation into the US banks’ foreclosure processing practices, nearly 1 million people will be getting part of a $25 Billion settlement from the nation’s mortgage servicers. The US Department of Justice recently announced the outcome of an investigation into banks who practiced “robo-signing”. Robo-signing is the practice of a bank employee signing thousands of documents and affidavits without verifying the information in the document or affidavit that they are signing.
Are you due a settlement?
Those who will get a piece of the pie are people who lost their homes to foreclosure or those that were in default and were denied help (loan modification, short sale, etc.) as the result of an error on the part of the mortgage servicer may be eligible. Eligible people will have the amount they owe on their mortgage reduced. And, some will also receive as much as $1,800 in cash.
Contact the Settlement Help Center:
If you want to find out if you are eligible for some of the $25 Billion settlement, contact credit.org’s Settlement Help Center at:
- 888-470-4435 to speak with a HUD certified advisor.
For the lastest information on the National Mortgage Settlement, you can go to: