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About: Independent foreclosure review     Goto   Sponge   NotDistinct   Permalink

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As part of a consent order with federal bank regulators, the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS) (independent bureaus of the U.S. Department of the Treasury), and the Board of Governors of the Federal Reserve System, fourteen mortgage servicers and their affiliates are identifying customers who were part of a foreclosure action on their primary residence between January 1, 2009 and December 31, 2010. The Federal Reserve announced on April 9 that would begin mailing out checks on April 12, 2013.