As part of consent orders with federal banking regulators, the Office of the Comptroller
of the Currency (OCC), the Office of Thrift Supervision (OTS), and the Board of
Governors of the Federal Reserve System (FRB), the Independent Foreclosure Review
was established to determine whether eligible homeowners suffered financial injury
because of errors or other problems during their home foreclosure process between
January 1, 2009 and December 31, 2010.
In January 2013, agreements between 13 mortgage servicers and federal banking
regulators were reached that ended the Independent Foreclosure Review for those
participating servicers. In the summer of 2013, GMAC Mortgage and EverBank also
reached agreements with the federal banking regulators that ended the Independent
Foreclosure Review for those servicers. The Agreement will result in all of the
eligible borrowers for those servicers receiving a payment under the Agreement.
The Agreement includes the following servicers and their affiliated mortgage companies.
Click on the servicer name for more information:
For the servicers listed below that are not participating
in the Independent Foreclosure Review Payment Agreement, the Independent Foreclosure
Review process continues. Click on the servicer name for more information: