Independent Foreclosure Review: Extension Deadline

Did you face foreclosure 2009 or 2010? You may be eligible for Independent Forclosure Review

The Office of the Comptroller of the Currency and the Federal Reserve Board Thursday released guidance that will be used in determining the compensation or other remedy that borrowers will receive for financial injury identified during the Independent Foreclosure Review.

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The agencies also announced the extension of the deadline for eligible borrowers to request a free review of their mortgage foreclosures under the Independent Foreclosure Review to September 30, 2012.  The new deadline gives borrowers two additional months to submit a request for review.

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