Lost Your Home In Foreclosure? You May Qualify for A Refund.
A Jan. 18 deadline looms for about 2 million homeowners who lost their homes to foreclosure between the start of 2008 and the end of 2011. Five lenders could give each of those borrowers as much as $2,000. The National Mortgage Settlement (NMS) administrator mailed Notice Letters and Claim Forms in late September though early October 2012 to those borrowers who lost their home due to foreclosure between January 1, 2008 and December 31, 2011. The problem is that many qualifying homeowners never received those notices because they were mailed to the address of the foreclosed home. Therefore, they do not realize they qualify for a refund. The deadline to file a claim is January 18, 2013. So if you lost your home between 2008 and 2011, keep reading to see if you qualify for relief, how much you might receive and how to file a claim. What is the National Mortgage Settlement? The NMS was reached last February between 49 states and the nation's five largest m...