Advantage CCS is supporting the Independent Foreclosure Review
Did you experience a foreclosure between January 1, 2009 and December 31, 2010? Advantage Credit Counseling Service is pleased to announce our support and involvement in the Independent Foreclosure Review. This is a legitimate program mandated by The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency.
Twenty-seven major mortgage services are offering eligible borrowers a free and impartial foreclosure review by an independent consultant to identify those who may have been financially injured due to errors, misrepresentations or other deficiencies in their foreclosure process. If the review finds that financial injury occurred, customers may receive compensation or other remedy.
Some of the participating mortgage companies include: Bank of America, Chase, Countrywide, GMAC Mortgage, HSBC, PNC Mortgage and Wells Fargo Bank, N.A. to name just a few.
Homeowners who were part of a foreclosure action between January 1, 2009 and December 31, 2010 may qualify for this review. For more information, contact the Independent Foreclosure Review directly at 888-952-9105 or visit www.independentforeclosurereview.com. You can also download the Request for Review Form from the website. A list of Frequently Asked Questions and Answers is also available on the same website.
The Request for Review Form must be submitted online or postmarked and sent to the Independent Foreclosure Review Administrator by July 31, 2012. If you think that you may be eligible for a review, then you should take action now to make sure you are considered.
Bank of America has chosen to provide financial support to nationally recognized nonprofits who are approved intermediaries and who are experienced at one-on-one foreclosure mitigation for individuals and families who need assistance. The purpose of the Bank of America financial support is for nonprofits to leverage their networks as well as marketing outreach efforts to reach and assist as many eligible customers as possible, regardless of who is the customer’s participating servicer.
Advantage Credit Counseling Service’s certified housing counselors are available to help answer questions regarding the Independent Foreclosure Review and, if needed, to assist with completing the Request for Review Form. The dedicated toll-free number for a certified housing counselor is 866-224-0064. Call Advantage CCS today to find out more information about the Independent Foreclosure Review or for questions regarding housing counseling.