New Program May Provide Assistance to Foreclosed Upon Consumers
A new program overseen by federal bank regulators and others may provide assistance to foreclosed upon homeowners. The Independent Foreclosure Review is available for consumers whose primary residence was foreclosed upon between January 1, 2009 and December 31, 2010.
“There are many ‘foreclosure relief’ scams out there, this is the first credible program we’ve seen.” Said Beth Schmidt, Counseling Director at Rural Dynamics, Inc. (RDI).