It sounded like the biggest no-brainer in the history of bank screw-ups -- a free, government-sponsored review of foreclosure proceedings, with compensation for homeowners who suffered financial harm.
Borrowers seeking a review of their foreclosures for errors committed by banks have been given an extra three months to apply for the free federal program, which may result in compensation. Read Post
Since the Federal Reserve gave more than 4 million homeowners the chance to fight their foreclosures last year, the process put in place to review them hasn't gone as smoothly as planned. The Independent Foreclosure Review came in t... Read Post
Banking regulators this week launched the government’s latest attempt to help troubled homeowners — the Independent Foreclosure Review — heralding it as a thorough and fair way to compensate homeowners victimized by big banks. But e... Read Post