Posted by 101livescan on 5/5/13 9:41am
Msg #468798

No, Really! Checks are in the mail!

http://nationalmortgageprofessional.com/news36253/checks-mail-four-million-plus-borrowers-receive-servicing-settlement-payouts

If you or someone you know lost your home in foreclosure, the servicing settlement payout checks are on their way in the mail.

Hope someone benefits here!

Reply by Shoshana/AZ on 5/5/13 10:14am
Msg #468805

I got my check.

Notice there's no exclamation point here. The checks were pitifully small and are not any kind of decent and fair compensation for the way Wells treated me and botched up my loan mod. I have read the stories of others who fared worse than I did and didn't get much more. I think there needs to be a congressional inquiry as to who determined the "(un)fair" values of loss how these monies were dispersed.

Reply by Luckydog on 5/5/13 7:20pm
Msg #468844

Re: I got my check.

I got $3,300.00 back, I do not call that pitifully small.

Reply by Shoshana/AZ on 5/6/13 12:12am
Msg #468866

Good for you!

Which bank? I only got $500. I read about a marine who was on active duty when he was foreclosed on. He only got $800.

Reply by Luckydog on 5/6/13 11:51am
Msg #468902

Re: Good for you!

It was Bank of America

Reply by Luckydog on 5/6/13 11:53am
Msg #468904

Re: Good for you!

If you go to the website on the check or post card they mailed you, has the breakdown and amounts paid and for what process they determine your amount to be. Basically how bad they dropped the ball, and how long it has been.