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New Foreclosure Notice Requirement

Foreclosure Notice Requirement The National Mortgage Settlement’s Pre-Foreclosure Notice Requirement for servicers Servicers must now provide the homeowner with a pre-foreclosure notice  at least fourteen (14) days before referring the case to a foreclosure attorney. *The notice must: Set forth facts supporting the Servicer’s or holder’s right to foreclose. Include an itemized summary setting forth […]


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National Mortgage Servicer Settlement Progress

National Mortgage Servicer Settlement Progress Report We previously wrote about the 25 billion dollar National Mortgage Servicer Settlement and how it, supposedly, helps distressed NY homeowners. The affected servicers are: Bank of America: 877-488-7814 Citibank: 866-272-4749 Chase: 866-372-6901 GMAC/ALLY: 800-766-4622 Wells Fargo: 1-800-288-3212 The above servicers have agreed to provide at least $25 billion in […]


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