25 Billion Dollar National Mortgage Settlement

Foreclosure Notice

The Federal Government and five large loan servicers (Bank of America, Chase, Citi, Ally, and Wells Fargo) have reached a settlement over the “robo-signing” of foreclosure documents. The 25 billion dollar settlement provides relief to distressed homeowners and direct payments to states and the federal government.

The Attorneys General on the Executive Committee that negotiated the settlement have created a website at www.nationalmortgagesettlement.com that provides information on the settlement.

Don’t be scammed by people offering to assist you with filing a claim for a fee. Filing is easy and free to borrowers.

Below is a link to a video produced by TBWS Daily that covers this in detail.

Your Portion of the $25 Billion Settlement

We will post updates as more information becomes available.

Photo Licensed from iStockPhoto

About Tom Branch

Tom Branch has written 597 posts in this blog.

Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).