Apr 15 2013

The Nation: Foreclosure Review Report Shows That the OCC Continues to Bury Wall Street’s Bodies

From the homeowner who died fighting a foreclosure based on a typo to the family evicted at gunpoint at 3am, there is no shortage of heartbreaking stories of improper evictions. But while victims of wrongful foreclosures are frequently too small to find justice, the banks perpetuating the crimes against them remain far too big to be held accountable. The most recent entry in the “banks got bailed out, we got sold out” saga is the latest report by the Government Accountability Office on the Independent Foreclosure Review.

In the wake of the foreclosure crisis and the myriad abuses perpetuated by mortgage servicers, the Office of the Comptroller for the Currency (OCC) and the Federal Reserve created the Independent Foreclosure Review. Fourteen servicers owned by banks like Bank of America, Wells Fargo and JPMorgan Chase were ordered to investigate foreclosures between 2009 and 2010 and figure out if these foreclosures were fraudulent. In order to give the semblance of independence, the banks were told to hire third-party consultants to conduct the reviews.

By announcing this supposedly far-ranging “investigation” with much fanfare, the regulators wanted to create the impression that they were getting to the bottom of the practices perpetrated during the foreclosure crisis. However, when reading the fine print, the “Independent” Foreclosure Review merely replicated the worst patterns and practices that caused the financial crisis—with regulators again deferring to banks and allowing them to hire their own investigators.

In January 2012, undoubtedly fearing that the Review would be yet another whitewash of the foreclosure crisis, Representative Maxine Waters and Senator Robert Menendez, together with Representatives Brad Miller and Luis Gutierrez, requested that the Government Accountability Office (GAO) monitor the review. Last week, the GAO issued its second report on the topic, unveiling a slew of deep failings. The report revealed what was long suspected by many observers: that the OCC and the Fed had no interest in actually discovering what went wrong. Here are just four of the many deceptions outlined by the GAO.

Click here for the full story.

1,396 responses so far

1,396 Responses to “The Nation: Foreclosure Review Report Shows That the OCC Continues to Bury Wall Street’s Bodies”

  1. TORO JULIOon 15 Apr 2013 at 11:18 am


    my name is Julio Toro, i live in phoenix, AZ., for the past 8 yrs.
    I”m a 6 yrs.U.S.A. Navy veteran with honorable discharged.
    i have been self employed for at least 12 yrs. i’m currently a licensed general contractor and licensed plumber, after watching a show on huff post live, i just learn about Mr. Jim Carr.

    The reason of my letter is to trying to obtain information about the foreclosure settlement because I’m a victim of the 2009, foreclosure crisis. i just haven’t told any one.
    you see for the past 12 yrs. i was a home owner and small investor @ one point, 2008-09, my business partner and i , we own and flipped at least eight home properties and some land. for the past twelve 12 yrs. all my loans and mortgage payments has been automatically withdrawn of my accounts, with never been late on a payment for as long. “BANK OF AMERICA” NOR “WELLS FARGO” were not willing to help me not to loose my home. they foreclosed me, after never been late on a payment. i want to know if my name can be put in the foreclosure crisis settlement program if so’ how do i do it? all can be verify with hard copies and computer records. economy crashed and so did my business. i know i’m not alone but I’ve been unemployed for the past 3 yrs. surviving on small service calls as a plumber. I’m still living in a two bedroom apartment. no bank will touch me after foreclosure. and next week i have to declare bankruptcy, 4 yrs later and they still coming after me. it’s been tough!!!!!! i lost everything.

    i’d like my home back, after 13 yrs…..im back into an apartment…..can u say piss off!!!!!!! just a little!!!!

    they can’t take my joy!!!!! amare la vita
    Thank you

    Julio Toro
    5131 n 15st. #358
    PHOENIX, AZ. 85014


  2. joeon 15 Apr 2013 at 12:35 pm

    foreclosure review deadline was 12/31/2012

  3. WBon 15 Apr 2013 at 1:19 pm

    There is no deadline to recieve a payment call Rust Consulting and find out if you will recieve something goodluck!

  4. WBon 15 Apr 2013 at 1:21 pm

    1-888-952-9105 Rust Consulting..

  5. paulon 15 Apr 2013 at 1:49 pm

    you will only get $300 only a handful of them are getting the max (6 only)

  6. Sethon 15 Apr 2013 at 2:14 pm

    This was an abject joke. I personally submitted a BINDER of thousands of pages detailing fraud on a massive scale by BA…was this reviewed? Was this even looked at? Of course NOT. My check? $400.00…No appeal, no chance to review and GOD FORBID we try to ask for how they determined money….a joke of the first order and disgusting. Another sell out by the Government to the Too Big To Fail Banks. What a farce.

  7. Elissaon 15 Apr 2013 at 2:20 pm

    Got My Big Check…$300.00…wooo hoooo…they are so shaddy all those people…Hope all those big bucks in your account the irs comes after you and you all end up in jail…Tired of all you big bankers…How do you sleep at night….Living the life on our money…

  8. D Truthon 15 Apr 2013 at 2:33 pm

    I filed a complaint directly to the OCC 11-28-2011 and was given Case #01887017. I also filed for review of my foreclosure in the Independant Foreclosure Review 12-28-2011 and was given Ref.# 1811662791. The case filed with the OCC should have concluded in about 90 days.The OCC deliberately held up giving me a decision for over a year and two months pretending to need information from BoA they already had. Finally on January 30, 2013 I recieved a letter from the OCC stating that my case with the OCC was being dismissed because it was in the scope of the IFR. I filed an appeal. Prior to the dismissal I had been told by the OCC Houston Office Manager Ms. Melinda Goodnight that Mr. Larry Hattix had instructed them not to review my case and to dismiss my case and all cases like mine were to be handled that way. In other words the OCC has thousands of claims filed directly to them like mine they refused to review and dismissed to keep the harm the servicers did to us hidden. My case filed with the OCC was dismissed January 30, 2013 because it feel in the scope of the IFR. By the way I am one of the 53 foreclosed on who was not in default and one of the 2800 original cases reviewed by the OCC in 2010. They did nothing then or now, The things done in regards to the IFR were conspired and more than poor management at work. I have much more proof of this. I am also one of 250 borrowers complaints reviewed by 39 state attorney generals in 2009 which was posted on the internet April 29,2009. Check it out AG’s Take Action on CWN Reports of Foreclosure Abuse. Nothing was done to stop what happened to us by any of them. Our home was sold October 5,2011 to my home church, who tore it down to build a life center.The banks controlled it all. We had one of the first post in August 15,2008,Check it out Countrywide Cashing in on Surprising Group of Homeowners | The Consumer Warnin The OCC, Louisiana Attorney General and Louisiana Office of Financial Institutions all had these internet post and over 50 pages of evidence concerning our complaints and did nothing.

  9. Lexuson 15 Apr 2013 at 2:38 pm

    I got check today but it a big joke the category I am under frame work 4 says $6,000 but the check was only for $500.00 and I request a review. I was foreclosure on after meeting all bank requirements for a new loan modification. This did not even cover fee attorney etc.

  10. unknown foreclosed manon 15 Apr 2013 at 3:35 pm

    Is the $500.00 check my pay for filing out the IFR application. Do not take this slap in the face, get a good Attorney and fight the crooked banks. People all over the country are winning cases. The banks lawyer promised to have the original note and mortgage at the hearing for final judgement. How did the court allow him to file a Lis Pendens with absolutely NO proof of ownership. There is much much more but you already know, you have been there too.

    From a huge house near the ocean to a $500.00 check. Punitive damages are 9 X actual damages in a wrongful or illegal foreclosure action. Hope to see you all in court getting your deserved compensation for this Ivy League buddy buddy screw the regular guy and gals of America.

  11. FOYEon 15 Apr 2013 at 4:10 pm

    Today I received a $300.00 dollar check on a property that was never in a Foreclosure!!!!!!!!!!! My home that was foreclosed on…I called IFR to inquiry about my foreclosed property…they had no records of it !!!!!! I have never cried so much in my life!!!! The same crap that Wells Fargo put me thru 3 years ago in a wrongful foreclosure…showed up in this JOKE of a SETTLEMENT !!!!!!!!!! I am going to SUE the ________ out of Wells Fargo!!!!!!!! All the hurt I suffered in 2010 WAS 12,000 (thousand) TIMES more hurtful as well as degrading this DAY !!!!!!!!!!!! I am not going to rest until JUSTICE IS DONE !!!!!!!!!!!!!!! I went to the NC Attorney Generals Office in 2009-2010 about Wells Fargo Monstering Tactics to get more money from me. I was under a loan modification making payments & Wells said I was never approved for the modification but they sent me a payment slip every month with the new payment!!!!!!!! This is WAR !!!!! LORD HELP ME this DAY

  12. Markon 15 Apr 2013 at 4:12 pm

    What a farce! I was denied a modification two times with Sovereign Bank and ended up short selling. I lost our 95,000 dollar mortgage down payment and around 6,000 in legal fees to a couple of crooked attorneys who used the crisis to line their pockets. This is a slap in the face. To send a letter to people telling them that they will receive compensation for their loss, and then send a few measly dollars, is not only insulting, it’s so ridiculous, that it’s almost comical.

  13. FOYEon 15 Apr 2013 at 4:24 pm

    I’m looking for a lawyer right now!!!!! We should do a Class Action Lawsuit against these Banks today!!!!!!!!!!!!!!!

  14. roxyon 15 Apr 2013 at 4:30 pm

    Has anyone tried calling to see if their check is valid because I called and it said their were not sufficient funds to cash this check. Is this a scam or is it real?

  15. Savion 15 Apr 2013 at 4:44 pm

    I Just received a check for $500.00 . What a blow! I completed all my trial period payments but then they made me short sale. I also requested a review, and thought that I fell in the category to received $50,000.00 (completing all trial period payments successfully). This really hurts. This is insult to injury. This independent foreclosure review is just like the banks , FRAUD.

  16. lizon 15 Apr 2013 at 4:55 pm

    I haven’t even gotten mine yet. How big of a cut is Rust getting?

  17. mmon 15 Apr 2013 at 5:19 pm

    Did anyone out there get a reasonable check?

  18. roxyon 15 Apr 2013 at 5:25 pm

    I received $1000. but I called the bank to verify it and it said there were no funds for the amount. Has anyone cashed theirs?

  19. Jay NYon 15 Apr 2013 at 5:31 pm

    Just received GIANT $300 check today. Already got screwed by CITIBANK guess Rust is going to bend me over too.

    This looks like a complete rip off, with RUST lining their own pockets with the money allocated to the folks the bank screwed over.

    We can’t win

  20. MSGon 15 Apr 2013 at 5:57 pm

    I am suppose to receive a payment also, I have not received a check so far. Are the smaller check amounts being mailed first and they are working their way up to the bigger amounts?

  21. Vickion 15 Apr 2013 at 6:27 pm

    Havent received mine yet but it’s not sounding good. Does anyone know of a class action against Chase or a good attorney in Georgia?

  22. Janet Woodson 15 Apr 2013 at 6:34 pm

    Can some of you who are indicating you received a check tell me what state you live in. I am trying to determine if they are just sending out checks in certain areas of what.

  23. David OKon 15 Apr 2013 at 6:36 pm

    Please tell me there are a few Lawyers out there ready to take them down! I have sent in a full file and went through 4 special forbearance programs each of which I held up my end of the deal only to be promised a loan modification after meeting the requirements of each..instead Foreclosure! I have received my slap of $500 instead of $65,000 which their pay scale led me to believe. So much for Justice..

  24. Dianeon 15 Apr 2013 at 6:41 pm

    I have not recieved mine either. It really makes one wonder how much Rust is getting. I think the OCC should have paid Rust separately. Oh well. Any money right now is better than I have since my hubby has been laid off since November 2012. With me being the only income, I am truly Blessed with what My hubby and I get. I truly hope itz more than I think it may be, We lived in our home for 12u years only for Countrywide to sell our loans to BOA. When my hubby was laid off in the end of 2007the b/c of Recession, Countrywide did not want to help us Modify. In the end WE got screwed. This was after the goverment said to help people stay in their homes. THAT WAS A JOKE! Now, we are renting.

  25. Dennison 15 Apr 2013 at 6:59 pm

    So, who’s taking their money directly to an attorney? Through all the turmoil of moving, I’ve been able to save some cash for an attorney’s retainer for the past two years. Even if I only get $300 it would get me that much closer to seeing those bank crooks squirm in the defendant chair. Oh, and,,, Janet Woods?,,, I’m in Missouri and I don’t have my check..

  26. Daveon 15 Apr 2013 at 6:59 pm

    Recieved a check in the mail today $6,000. I tried to deposit the check, and they told me Rust Consulting has insufficient funds. Is this a scam or what?

  27. Ronon 15 Apr 2013 at 7:04 pm

    I received my check today for $5000.00 after reading horr stories of the 300/dollar payouts. Although not enough. It helps. I can almost buy the house I was foreclosed on and owed $79k. Now has value of $8000.

  28. Hannahon 15 Apr 2013 at 7:06 pm

    Please join the fight against big banks here: foreclosurevictims.freeforums.org

  29. Pamelaon 15 Apr 2013 at 7:09 pm

    I agree this is like Part II of the RipOffs! I also should have been a part of the review process, I was told by Rust this settlement cannot be appealed. However I was’nt asking anyone for appeal, just trying to figure out if legitimate people were excluded and the banks who were found guilty of committing the fraud were the ones respondsible to submit the names and files of the victims, then where did the money go??? This all is so messy!

  30. Daveon 15 Apr 2013 at 7:12 pm

    Ron, Did you try to deposit or cash your check?? They told me Russ Consulting has insufficient funds

  31. Camilleon 15 Apr 2013 at 7:17 pm

    I received a slap in the face for $300. I actually believed we all had hope. I thought I could start over again. They had also claimed we all would have corrections made on our credit report. Has anyone heard about this? My family suffered so much!

  32. Dennison 15 Apr 2013 at 7:19 pm

    Does anybody else think its wierd that everyone’s bank is saying that the checks people received are not worth the paper they are printed on?

  33. Daveon 15 Apr 2013 at 7:20 pm

    No I havent heard about the credit report. That would be nice if they fixed that as well. If people are not able to cash or deposit their checks then this all is a joke. I have not heard of anyone being able to cash their checks as of yet. What is going on?

  34. Ronon 15 Apr 2013 at 7:24 pm

    I have not tried to cash the check yet!! Hope it’s good…..

  35. Daveon 15 Apr 2013 at 7:26 pm

    Ron, please post if and when you try to cash the check. I tried today and my bank told me it was a legit routing number however there was insufficient funds.

  36. karenon 15 Apr 2013 at 7:32 pm

    Can someone post the area they live in as we have not gotten our check yet and I am wondering if they are arriving on the East Coast first? Either way, WHY are the checks no good?????

  37. mmon 15 Apr 2013 at 7:38 pm

    I’m in southern California …I haven’t received anything yet…

  38. Daveon 15 Apr 2013 at 7:40 pm

    I live in the midwest. I have no idea why the check would not clear.

  39. Dennison 15 Apr 2013 at 7:41 pm

    Karen, I’ve seen a couple posts on the ‘net somewhere that they got a check & they live in NC… And one said they live in Georgia, but they don’t have their check.

  40. Ronon 15 Apr 2013 at 7:41 pm

    Ohio, will post tomorrow after I go to bank and try to cash my $5000. Check it’s drew from Huntington bank.

  41. Daveon 15 Apr 2013 at 7:42 pm

    I also tried calling Huntington bank. I couldnt get an answer from anyone.

  42. Gerardoon 15 Apr 2013 at 7:45 pm


  43. julieon 15 Apr 2013 at 8:00 pm

    When I get the check and it is insuffient, I’m going staight to the Local DA office for the DA to collect.

  44. Mariaon 15 Apr 2013 at 8:01 pm

    Got the BIG FAT check today for $800.00… tears start flowing again since we owned our house from scratch not even have a model home when we bought it 1995…. applied for a modification mid 2010 – not even 7 months and BOA sold it in an auction…. 3/14/2011 without telling us about it… all I have up till today is the 3 DAY NOTICE TO QUIT pasted on front door… of course they always say everything is ok on the application, never asked for more paper work and not even failed to pay the second mortg…. this is so sad… I am willing to be part of a lawsuit to fight for our rights…. let me know… and now lots in here are saying cannot even cashed this check???? WOW!!!

  45. Daveon 15 Apr 2013 at 8:11 pm

    Check is only good for 90 days.

  46. Tracyon 15 Apr 2013 at 8:17 pm

    I live in California, I have not received a check yet but it sounds like I will be one of the many who received $300-500. It is a cruel joke of a settlement. It is again tax paying government agencies that are suppose to provide oversight require accountability of these banks but instead they cover up the truth about the fraud that these banks were & are committing. Let’s not fool ouselves into believing that the agreement to the settlement is tge end of the foreclosure fraud. The banks will still do this especially now that ghey know the goverent will not expose their faults!

    I’m tiered of just hearing about the banks responsibility in this it is also the government! We will never get justice in this until we demand that the government stop closing their eyes on the fraud!!! The big banks will continue to do this. I have been denied a loan modification 3 times. Agreed to a re-payment plan with BOA and when I was 2 months from finalizing the re-payment plan. I was foreclosed on. I called my services last week and asked about the settlement agreement that BoA made that states that in cases where loan modifications were falsely denied they would go back to the original modification request to be reviewed. I was asked to re-submit another request and all the financial paper work again, serious!!!! They will never stop because no one is really regulating them. Do you think the government is going to enforce the details of the settlement. Do you think my loan is of some importance to the government to regulate the banks on, hell no! They truly believe that $300 is good enough.

  47. Casey Collinson 15 Apr 2013 at 8:20 pm

    I got my insult today – $500. Like so many of you, the flashbacks started right away. All the anxiety, papers lost, people hopping over my wall to see the house hours before the sale. (Which was stopped only minutes before auction). I gained weight, high blood pressure, but no money. Back on my feet at a job paying 1/3rd of what I used to make and now bankrupt and debt free. At minimum – please do not bank with any of the big banks. I want to get a lawyer, but am soooo tired (which I’m sure is the intent of behind the long waiting)….next they’ll be ripping social security from us. We have to do something. Anyone feeling like going for the juglar? If yes, I’m in!

  48. Mariaon 15 Apr 2013 at 8:29 pm


    Not sure if this link will work for you guys to check, but it is a PDF file of Independent Foreclosure Review Payment Agreement Details… it is crazy looking at the breakdown of the payment… not understanding it – a modification request approved got $500.00 check while mine is in the modification request received but no underwriting decision made got me a $800.00… I am no lawyer but my category clearly state there is a problem with this scenario… why they foreclosed us if the modification is not even finished… ahhhh… I will let ya know if the check is good… BTW we are here in CA…

  49. Dennison 15 Apr 2013 at 8:35 pm

    Dave says check is only good for 90 days…… Hmmmm… I’m not liking the sound of that…. I’m with Gerardo on this one…. Bankers are thieves, Viva la Revolution!

  50. Casey Collinson 15 Apr 2013 at 8:35 pm

    I live in Arizona, however, I put the claim in as soon as I heard about this a year and a half ago. Maybe that’s how they are mailing????

  51. Kevinon 15 Apr 2013 at 8:39 pm

    I live in NJ, got my check today. 600.00, what a total smack in the face. Obviously if you got a check, they did something wrong, so at the end of the day, they still get your house, or continue the foreclosure process, and I get 600.00… Typical bueraucratic red tape BS. Anyone suing from NJ? Would make a great class action, because whether they admit wrongdoing or not, if they are paying you, they know you are wrong… Billions of dollars in a settlement and a couple of hundred dollars for the victims, total scam. I would have rather the loan modification than any cash payment, but I got a lousy 600.00 and they continue the foreclosure process, unbelievable. All I want is my modification I am entitled too… Any suggestions or help out there?

  52. frankon 15 Apr 2013 at 8:51 pm

    I havent got a check yet. Post to.. i live in maine..

  53. Johnon 15 Apr 2013 at 8:52 pm

    Do the math people if the pay out is 5.8 billion $ and only 6 people got the max 125,000 that’s 750,000 and only 400,000 made a claim and only 10 percent of them are getting around 5000 that’s 200 million and the rest are getting an average of $500 that’s $144 million that only equals $344,750,000 leaving 5.4 billion $ to just disappear . Who is getting that $ . Can you say the altimate ponsy scheme .

  54. Camilleon 15 Apr 2013 at 8:59 pm

    Wow! Unbelievable! I live in New Mexico.

  55. Thomason 15 Apr 2013 at 9:12 pm

    Haven’t received my check, still waiting for it. I am in Seattle, WA area.

  56. Casey Collinson 15 Apr 2013 at 9:14 pm

    Banksters at it again! Tell me, is anyone still banking with the big banks? If so, get out!

  57. Joanneon 15 Apr 2013 at 9:36 pm

    I think we need a revolution. Our government are a bunch of thieves. They don’t give a shit about America. Or it’s people. It’s another one of the bureaucratic government. Taking the money that belongs to the people who deserve it. All the politician do are line their pockets with our money. Wake up. America. Not very many people will get what they deserve it is in the pockets of the banks n politicians. Already

  58. Lynda Menaon 15 Apr 2013 at 9:38 pm

    I want to sue b of a bit no lawyer will even touch them! They are too big! We lose our homes and they make billions! $300.00 what a slap in the face! We need to come together and fight back! I’m in California!

  59. RoseMaryon 15 Apr 2013 at 9:39 pm

    I hope someone is reading these comments, to know most are getting another slap in the face from $300. and the checks aren’t even any good. We need help and there has to be senators out there who will pay attention. This is to shut us all up, and pretend they compensated fairly. These consultants faired well with their so called reviews, and we can’t even get the money that our houses were worth. We all need to find a way to unite and go on fighting! I’m praying for all of you , I hope justice will be served. I live in California and no check yet.

  60. Ghigghigon 15 Apr 2013 at 10:10 pm

    The banks are not TO BIG TO FAIL,OR GO TO JAIL.We are never going to get justice unless they fail. They aren’t going to learn from their fraudulent acts until they do.I really believe that is what has to happen to correct a WRONG. THIS was a criminal act. Punishable by law. The same law that WALL STREET has to answer too. Close the banks, we will then see what justice really can and will do. Rust consulting has some explaining to do. Where the money, and what senator owns the consulting company. This is too big to let go. CNN,MSNBC,ABC,CBS,ETC……

  61. Beatriz Ibarraon 15 Apr 2013 at 10:15 pm

    I live in San Diego ca and haven’t got my check yet! I owned a house 510.000 and a super hight interest monthly payment of 4,299 after a while I couldn’t afford to pay interest was going up again because I had a flexible loan I called the bank and after 100000 calls they got me a loan modification ! Higher interest and 10 year added to the loan but it was going to be fixed !! Months later I got foreclosed :'( and they will send me a 300 dlls check for all the stress I went trough what a slap in the face

  62. Chrison 15 Apr 2013 at 11:47 pm

    Clearly qualified for a higher tier, we were denied modification. Today we received $300. Don’t bother calling, I knew better but curious what exactly would be said. Obviously given the run around by Rust then after an hour on hold, I was read a script. This whole thing went down how expected, but still disappointed that this handout really was a joke. Those poor script readers at Rust must have been given an earful today. Sad…

  63. MMon 16 Apr 2013 at 12:21 am

    Live in Georgia, I haven’t received a check. But it seems as if I will only get a small check also. If you can’t cash your check you need to call the OCC , Federal Reserve and complain. I’m not sure why the checks are not being cashed, but I’m thinking that this is the start of something big. The funds were supposed to be there. Hmmmmmm!

  64. Jawoodson 16 Apr 2013 at 12:59 am

    I have not received my check. I called Rust ( The Paying Agent) she told me that my check will be on the second batch. Also, she mentioned that they mailed a lot of checks on first batch. I live in Las Vegas.

  65. Tracyon 16 Apr 2013 at 2:32 am

    Send a copy of the measly little check to your congressman, state senator and the OCC. I hope they get a copy of every check that was mailed to us…Those checks with their constituents names, the people they are representing, the people who put them in office to work on our behalf!!! What are they going to do about this FRAUD against American families. We can not let them get away with this.

  66. Samsonon 16 Apr 2013 at 2:54 am

    Yes, this whole process is a joke. But what we do know, there is a payout plan. $300 is the lowest amount if you didn’t submit a review. If you did, the lowest amount is $500. Also if you call Rust, they will connect you with your bank and let you know if your check is mailed or not. Good luck. My check hasn’t been mailed. I’m with Suntrust and live in Alabama.

  67. Cassidyon 16 Apr 2013 at 3:41 am

    I really do not feel hopeful. We live in Tennessee, have not seen a check yet. I am really scared, I don’t think my family can take another blow like this. I plan on using whatever measly amount to go towards retaining one heck of a lawyer. On top of all this, neighbors near the house in question said a lady from the bank was coming to change the locks on our home this week. We only owed 45k after, AFTER bankruptcy, Chase “Modified” our loan and we owed 75k…I am so well, just blah. Under bankruptcy, we suffered under a trustee that continually took us to court and raised our payments, were force placed insurance on three times, and our equity vanished. This really sucks. We should not have to go through this. Any of this. Is anyone else tired of telling their story? By God, I am. We have phonebooks full of records, and two free and clear titles on the home. We went to the local courthouse and they also said their is NO lein or loan on property or structure. Had a claim search done, no lein or loan. What the crap???

  68. Nancy Brownon 16 Apr 2013 at 3:43 am

    Everyone who cannot cash their checks due to insufficient funds needs to contact their Congressman

  69. Gerardoon 16 Apr 2013 at 4:42 am

    In my understanding 2.4 million people will recive a $ 300 dollars check!
    Payasada y Robo!!!
    We, the people, need to do some kind of action! Lets go!

  70. Gerardoon 16 Apr 2013 at 5:07 am


    Independent Foreclosure Review: FRAUD


    Independent Foreclosure Review: FRAUD

  71. daveon 16 Apr 2013 at 6:09 am

    has anyone been able to check there checks?

  72. Ryanon 16 Apr 2013 at 6:19 am

    After serving overseas and trying twice for a loan modification in which the bank never responded I was foreclosed on and then told to pay money even after foreclosure. This is sad to do to us but when you think about it the American Government is not in charge. It is the big business elitist that really control the country. So should I even be happy to get a check for $300 like I did yesterday after putting $23,000 into the house that was foreclosed? No I do not agree with this payment and hope someone takes action. Especially after the banks hired their own persons to conduct the review?? This is how the country is now. You have the rich and you have the poor. There is no middle class now.

  73. Casey Collinson 16 Apr 2013 at 6:27 am

    I called the OCC’s media room to tell them about the checks and the person who answered all but laughed at me. My point in calling was to inform the media room so that if people had questions, they would have a post on the website about the checks. I then went further and called Huntington Bank – a nice gentleman answered the phone and told me that the checks are good, but he also said something about staggering the timing of the payouts or controlled. Then he gives me Rust’s number…. Now, I have called them before so just for fun I called and of course the script readers are picking up. This is an insult to our intelligence….It’s almost like a punch in the stomach –No, it is a punch in the stomach. Sickens me to think about all those bankers laughing at the settlement—-they have been stockpiling over the last year and a half while we just sit and suffer. I recall Jesse Ventura’s Conspiracy theory—-The Banks are controlling this country, and we need to figure out fast how to get it back. We need to vote out everyone in Congress, elect no one with Bank connections. Vote in 2014 wisely—forget about party lines—

  74. Cindyon 16 Apr 2013 at 6:43 am

    I live in Florida and have not received my check. I am appalled there is insufficient funds to cash my check, if I receive it. If anyone in Florida is starting a class action lawsuit, I’m on board. I do not have the money to hire an attorney.

  75. Paulon 16 Apr 2013 at 7:04 am

    The OCC as a Regulator not a Policing Authority. Who else refer to fraud and violations of everything from Fair Debt Collection Practices, RESPA, TILA, FIRREA, REG Z, not to mention breach of contract, and costs they impose on the mortgagor as “unsafe practices” give me a break. I don’t know, maybe someone call tell me as to why the OCC went into this with such grandeur, but didn’t have the legs? I know one thing part of it could be because this mess happened on their watch. As a regulator, as the Comptroller of the Currency they are…well lets just say their job description is to keep this running along in the financial services industry and the consumer. More like a babe sitter, a polite, but wise watch dog. The problem for years now, not like it was in the 70’s, 80’s, and 90’s, is the auditors/consultants that came in should have been in random audit a stopped these things as they tried to surface. When I was a Trust Officer in SC with a national bank in the 80’s we had internal auditors that would just show up and start any where they wanted to. Then along would come the Fed. These were the Auditors from the OCC. If the laws that protect consumers which are already the Law both state and federal (that basically say “do not steal”) are still law, but no agency is willing to really go with the full extent of the law has become so clear, no question any more. So rather then not having a solution that we already really have, and also the OCC came on like gang busters as though they would get these bank to put away their bad habits so to speak. The OCC says as much as they have, as an Agency, told the big banks to behave and with that fix their deficiencies as noted by the OCC to them (fraud)(misleading consumers to enrich their profits). The get Auditors in that rotate in as bank auditing should be. No one today should be someone the Bank is paying and hiring though. They can, after all of this, if they will not demand the penalties for law broken and making whole the injured as our Fed should then at least don’t cuddle them like they just were maybe making a few mistakes, and required better training. All the banks would not have had the massive, but also the very same problems/deficiencies at the same time, if that were true. No my bank finally admitted that a late fee of 12,000 was really insurance premiums, but to this day never offer to fix as the OCC insisted this is understanding and the Big Consent Order they all signed etc. did nothing. The OCC may have reported to us that they see there are different improvements included training personnel better to avoid issues of mistakes that may or should be improved so to insure their training is up to speed and better was one way the OCC wanted to indicate to us they had a plans in these areas also that they believed the bank would be good for banks also. I guess since they had observed them, or had some one observe them.
    it. Let me tell you bankers and employees who work inside banks have their standards of training. In fact banks are the very best business model as to cross training their people than any other business or industry. Federal Auditors in the doors before the consumer is hurt. No longer do I trust though the internal auditor. These auditors must be able to forensically go to a random selection and keep fraud from the foreclosure market.

  76. Dianeon 16 Apr 2013 at 7:14 am

    Cindy, I to live in Florida and have not received my check either. I am praying it is not like the other ones that I have read so far. So many of us HURT by our servicer’s. Just is not fair. This is why I have never liked banks!

  77. Ethanon 16 Apr 2013 at 7:38 am

    I live in New England with a similar situation as everyone else.
    lost family land, lost my equity my house and a lot of hope. No check yet to report from this part of the country. Doesn’t seem like it will matter as it will be small and have no funding behind it anyway.

  78. Reggie Pon 16 Apr 2013 at 8:00 am

    Live in California – got a 3K check yesterday – according to the paperwork, you are NOT waiving any rights by cashing the check – judging by the anger on this board – I don’t think this is over. Stay angry – this was an admission of guilt. We will see more action.

  79. Paton 16 Apr 2013 at 8:07 am

    I have not received a check yet. I called Rust and questioned if my check was mailed out yet. They said it was not mailed out yet and will be sent out in one ofthe next couple of phases. They said 90% of the payments will be sent out by the end of April and the remaining 10% by July. I then questioned what criteria determined what checks were sent in each phase. They read some script telling me what I already know and never answered my question. USELESS is an understatement for these guys at Rust.
    I live in NY BTW.

  80. SoCalon 16 Apr 2013 at 8:20 am

    I received a 6k check yesterday. I was in the category to receive 50k. I guess it’s time for a class action lawsuit.

  81. cherylon 16 Apr 2013 at 8:20 am

    I have not received anything, called rust and they told me not to expect anything, i will not be receiving anything right know,but i will in the future,,but can’t tell me when,and told me last payments will go out first of aug, 2013, they are sending them in small clips{what ever that means}. so i guess i can just keep guessing. i feel really bad for everyone who has received something. what a insult to injury,and then another slap inface–can’t even cash them.

  82. Ga Girlon 16 Apr 2013 at 8:26 am

    I live in GA, my loan was serviced by BOA and I have not received a check yet. I called Rust Consulting today. They were able to tell me that my check did not go out on 4/12, but they don’t know when the second wave of checks are going out.

  83. Zackon 16 Apr 2013 at 8:35 am

    Never forget, educate, inform. Keep your chin up! Look at what this did to our economy, it’s effects continue to be felt globally. Trillions ripped off. In the end the only people that will end up in jail, will be the victims of these criminals. Phone your politicians, support them if they support us in our fight(and time of need) vote them out. Take the number of mortgage holders. X members of the family. X convert 5 or 6 people. We just need a leader and a focused plan. To big to fail? Maybe! These big fat piggy bankers, can be shrunk. Viva Boycott my IFR’s. Sovereign today…JP Morgan tomorrow. Bank Fraud Victims Union. B.F.V.U. unite and fight back. Need a leader, pound the phones, make a sign, pound the pavement. The people in this country really are not informed. Inform them that bank fraud and forgery’s perpetrated by the banks is a crime. It’s time the criminals were made accountable. Jail, claw backs and any other tools they have a their disposal. They’ll just come after you again and again if you let them.

  84. Evelynon 16 Apr 2013 at 8:36 am

    I was late paying my mortgage by two months in 2010 . I had my house on the market at this time and I was also in Chapter 13 Bankruptcy. I believe that this caused some type of modification but was not in forclosure yet, but was getting letters that if I was not current on the loan payments I was looking at forclosure. I paid it up to be current. I sold my house in Nov 2013. My house was in New Jersey. I was actually surprised to receive this check in the mail yesterday for $600.00. I did not fill out any forms to receive this, did not receive a postcard or anything prior. I just wonder if this check is legitimate. It only came in a regular white envelope- I thought it was junk mail. Not sure if this is a scam or what. My husband and I will go to the bank today to try to deposit it. Has anyone who received a check been able to deposit it???

  85. Paton 16 Apr 2013 at 8:37 am

    SoCal – Did your bank actually complete the foreclosure on your property?

  86. Evelynon 16 Apr 2013 at 8:40 am

    I meant to say I sold my house in Nov. 2010.

  87. Vickion 16 Apr 2013 at 9:17 am

    Just received my check yesterday $600.00. Haven’t tried to cash it yet but reading stories that checks can’t be cashed . Does it ever end ????

  88. martyon 16 Apr 2013 at 9:21 am

    PLEASE –

    I know this is frustrating and outrageous as far as the money–

    BUT – they mailed the checks last FRIDAY. I am reading comments from yesterday (MONDAY) expressing frustration that you didn’t get a check.

    The mail simply takes some time to move. A lot of people could have gotten checks on Monday, but that depends on a lot:

    Where they were mailed from/ Are they all mailed together from the same place/ How close to a mail processing center you live and also how rural your are is.

    MOST ALL MAIL of a type like this – a planned, large mailing is barcoded, and handled very speedily. It is (if the mailer is at all competent, and believe me – these companies making mailings like this want the cost as low as possible) almost certainly pre-prepared by the mailer. It is not like they dumped a bunch of separate envelopes in the mailbox.

    Everyone in this first mailing should have a check today (Tuesday) or in the next 2-3 days afterward.

    Most first class mail is delivered in 2-3 days anywhere in the country. If I don’t get a check by Friday, I’ll worry. Till then…..relax. If it was mailed Friday, not getting it on Monday is not a big deal at all.

  89. Mariaon 16 Apr 2013 at 9:52 am

    @ Evelyn – this whole thing is a mess… according to the table I referenced in my post last night yes, you should have gotten only $300.00 not $600.00 since you did not request a review… but 600.00 is better than 300.00 it is just mind boggling why there is so much discrepancy on the payments… tons of folks here should have gotten more than what we received, but who knows who makes that call… again I am from CA and is willing to join a fight for this… will wait to go in my credit union to deposit the check this Saturday – I am afraid if I just deposit it thru ATM and if it is true there is no fund, don’t want any fees taking out of our account…

  90. MMon 16 Apr 2013 at 10:04 am

    I called to see when I will receive a check and WF told me that my check was not in the first wave an I will be receiving it by the end of the month. While I was on the phone with the representative I asked him if he was familiar with the fact that some people are not able to cash checks that they have received? He said no one has called in complaining nor has he heard of such a problem, but he would pass it on to someone. Has anyone been able to cash their checks?

  91. Nancy Brownon 16 Apr 2013 at 11:04 am

    I contacted Senator Elizabeth Warren’s office and sent her the link to this forum. I told her that this forum and others online have people stating the checks are no good. So please put your experiences on this forum. If you have been able to cash the check, how did you do it? Did you deposit it? Did you ask the bank to check to see if the funds were good? Senator Warren will be reading this forum.

  92. Nancy Brownon 16 Apr 2013 at 11:07 am

    Maria, you are absolutely correct! Evelyn received $600 when she did NOT request a review and according to the table presented to us showing how the payments were allotted, a person who NEVER requested a review would only get about $300. So, are they guessing when they are paying us? I think this is a bigger scam than we really know.

  93. jonion 16 Apr 2013 at 11:07 am

    I live in ohio and have not received a check either. According to the chart I should receive over 60,000 dollars because my house was forclosed on while going through chapter 7 bankruptsy they had the forcloser in the process even though we was reaffirming our mortgage they still forclosed on us. I tried several times to modify our loan due to my job loss. My husband was still working they told me they didn’t have anything like that. My bank was citimortgage. The people they hired to come in to winterize our house robbed us blind we never even got a letter telling us we had to move out. They stole several personal belongings,stole my sons amish made crib,we was still living there just wasn’t home at the time. They even took our food from cabinets and refridgerator. They attempted to look us out but didn’t have since enough to put a lock on the doors right. They used a crowbar to get in and left it behind. We called the sheriff but they said that since it was the bank we couldn’t file charges because it is actually their property. We took what belonging we had left and moved in with family that day. My husband worked nights then we had a 2 yr old and I was pregnate with our 2nd child at the time. I was too scared to stay their after that. Talk about stress while pregnate.
    I’m sure I will receive just a couple hundred dollars like everyone else!

  94. Nancy Brownon 16 Apr 2013 at 11:09 am

    In my case I can’t deposit any check I will be receiving. The check will be having both mine and my ex husband’s name on it and even after calling Russ Consulting and telling them I need the check split and only my name on my check, they are sending it made out to both of us. I have NO IDEA where he lives and they know this. So I get screwed twice? By Citigroup and now the Independent Foreclosure review?

  95. Mariaon 16 Apr 2013 at 11:16 am

    @ Nancy Brown – I also sent a message to Senator Warren when I saw her you tube video in one of those hearing… thank you for sending her the link to our forum…. someone need to send this site to all TV station so that someone can hear our dilemma… we are almost half way of our loan and in less than a year it is all gone… and yet there are other folks out there that intentionally no paying their dues, waiting to be foreclosed but still enjoying living and not paying a cent… where is the justice here… all we ever wanted is a little break on the payments…. again I am willing to be part of this to get justice….

  96. Mandion 16 Apr 2013 at 11:33 am

    I live in Minnesota and did not recieve a check, but a friend of mine did get one today.

  97. janelyon 16 Apr 2013 at 11:33 am

    Rust has reverse positive-pay that’s why it says negative balance.

  98. Susanon 16 Apr 2013 at 11:50 am

    I originally asked for a refinance of my loan due to having surgeries scheduled and being self-employed. Was told by ASC/Wells Fargo that they could not refinance unless I was in default by 3 months ( to NOT pay mortgage payment for 3 months and they they could modify the loan). I repeatly called them to verify this info. – and was always told the same. Went through the surgeries and then was out of work. I called ASC 300 times in one year. Repeatedly sent for loan modifications…sent certified mail. Sent monies for special forebearance. Did all of the crossing of “T”‘s and doting my “I”‘s. Went to 2 mediations and they would not modify my loan. Foreclosure scheduled. sold home through short sale. Tell me why they would accept such a small amount of sale of home through short sale….but, not modify my loan for total amount at a reasonable rate. Well, as one NICE gentleman at ASC had told me over and over again ( yes, I have his name…..I have 3 large file boxes of all correspondence and phone calls…that,”Wells Fargo gets better kick-back letting it foreclosure or short sale than helping their mortgage client”. Yes, truly a scam . Who is accountable for the banks? I had bought my home 20 years prior and up until my surgeries I had A+++++ credit. Well, during that time of foreclosure, I filed bankruptcy…did everything in my power to save my home…..as mentioned, sent twice forebearance monies…and each time ASC/Wells Fargo stated they were “reviewing”my modification papers….income, budget, all of the many items they insisted on …each page signed w/ loan #.)..or papers were lost……sent papers (faxed, certified mail, delivery conf.- everything imagineable…at least 10 times!!)requested w/all I’s doted and T’s crossed….very thorough….and to no avail.
    I requested an independent review of my foreclosure…and I, too fell into a least 3 categories.
    Well, I received my “slap-in-the face” yesterday. A check for $500.00.
    NOW I am ready for a class action suit! I’ve paid lawyers fees and still have outstanding atty. fees…..but, hell…they’ve taken everything I worked for…so, I can’t loose anything now…there is nothing to loose. I WANT A CLASS ACTION SUIT! I left a message with Sherrod Brown( Ohio)…..I will keep calling until I talk I talk to someone. I want accountabilty!!

  99. Susanon 16 Apr 2013 at 11:54 am

    Obviously. Rust Consulting never “reviewed” my foreclosure….just like Wells Fargo never reviewed for my request for a loan modification.

  100. Patrick From Central Floridaon 16 Apr 2013 at 12:24 pm

    I live in central Florida. I have not received my check yet. A friend down the road received $600.00 yesterday. Another friend 20 miles away received $800.00 yesterday. If I found one more friend I could be a wolf pack!
    My house was foreclosed while I was in BK. I had to file BK because WF did not want to work with me or do a modification.

    Sure hope they had access to the recorded phone conversations during their review. I wonder if the recorded phone calls are available for use in a law suit?

  101. Cindyon 16 Apr 2013 at 12:34 pm

    Patrick, I too live in Central Florida and did not receive anything yesterday. I’m giving it to Friday before I call Rust. I don’t know anymore what I will get. I had my hopes up for more than I think I will get because I was going off the first framework they published. Shame on them. Shame on them for sending a card stating $500-$125,000. They should never have put an amount on the card. They should have just sent the card without that amount.

  102. Evelynon 16 Apr 2013 at 12:42 pm

    Just to let you know…..I deposited my check for $600.00. Seems to have gone thru. $100 was deposited today and the teller said the rest will deposited tomorrow! I did not lose my home to forclosure, but I did have to pay lawyer fees to stop the process of it. I don’t recall getting a postcard or any kind in the mail, and if I had I would have filled it out. This money may be peanuts, but I am unemployed at the moment and just had to borrow $600 from my mother to get my taxes done and pay! So it came as a blessing to me!

  103. Cindyon 16 Apr 2013 at 12:54 pm

    I’m like Evelyn. I did not lose my house to foreclosure, but I had to spend $1500 to hire an attorney to stop the foreclosure because BOA did not do what they were suppose to do. That was on top of spending $3250 for an attorney to assist with a loan modification. I was one of the lucky ones and did receive a loan mod. When I filled out my paperwork for the review, all I ever wanted was the $1500 I spent due to BOA error.

  104. Patrick From Central Floridaon 16 Apr 2013 at 12:56 pm

    There should at least be a web site that will take your last name and social to tell the individual what they will receive and when it will be mailed or at least estimate the date. Heck, the IRS does it and since they are an accessory and tax season is over, they should send their crew over to RUST. Maybe they can even give us 73,954 page code that makes no sense.

  105. Heidion 16 Apr 2013 at 1:13 pm

    I’m with saxon ( Morgan Stanley) wondering if anyone has heard anything about them yet for some reason at the last minute they weren’t sending checks yet??? Frustrated!!!!

  106. Paulon 16 Apr 2013 at 1:15 pm

    So…. got a $600 check today in Wisconsin. That implies “Servicer did not engage with borrower in a loan modification or other loss mitigation action”

    That would be wrong. I applied and they denied me, so, I should get at least $6000 “Modification request denied” or since I was in bankruptcy 62,500 “Servicer initiated or completed foreclosure on borrower who was protected by federal bankruptcy law”

  107. Ginnyon 16 Apr 2013 at 1:17 pm

    I just called and was told that I am in the “2nd wave” of mailings. He said not sure when that will be, but should be soon. Again, could not verify any amount or category. I am in Iowa.

  108. Ginnyon 16 Apr 2013 at 1:21 pm

    I tried modifications – no one would get back to me. Then I filed bankruptcy and ended up short selling because I had an offer.

    Any idea what category I would be in – HELP.

  109. J.Smithon 16 Apr 2013 at 1:23 pm

    YEY! Got my $500 check today! Wait a minute…..the bank foreclosed on my house in 10/2009 while I was meeting the terms of a loan modification…..I should have gotten $50k, not $500! WTF???

    Who the heck at IFR, who I sent all my documents to. would be able to determine that a document that is on file at my court house that clearly states they transferred the deed of my home to Chase on 10/13/2009 (that means it foreclosed, not a warning to foreclose but it actually did) and all my copies of trial modifications that its not $50k but $500 instead???? Foreclosure while in trial modifications, hey OCC look at your own freakin payment schedule you morons, that is the very definition of $50k payment. I spent hours making copies of everything, spent $ on postage since all my docs wouldn’t fit into their measely prepaid envelope, spent hours every month on the phone trying to get the status on my review (scripted responses from useless people at IFR) $500 isn’t even compensation for dealing with the IFR let alone the crap Chase put me through. I should have just did nothing like others and not request a review, at least then I would have gotten $800 and not had the headache.

    THROW THE OCC, FED RESERVE, BANKS and POLITICIANS out on their butts and see if they wouldn’t get more money closer to that original 90 day review time from 2 years ago!!!!!

  110. ECon 16 Apr 2013 at 1:24 pm

    After unsuccessful attempts at doing a load modification with WFB, we foreclosed on our house in May of 2009. Later that year, we completed our chapter 7 bankruptcy.

    My question is if I claimed BK, am I still eligible to receive this Independent Review check?

  111. Patrick From Central Floridaon 16 Apr 2013 at 1:27 pm

    EC, yes if you received the post card.

  112. Dennison 16 Apr 2013 at 1:38 pm

    Paul, I don’t think anyone is getting placed under the correct category. Nobody truly reviewed anything. The wool they’ve tried to pull over our eyes is itchy, and it looks like a class action suit is the only way to show how badly we were treated. I’ve never been so humiliated in all my life and now my old neighbors are still dealing with looking at my old residence which is now becoming an eyesore. I tried so hard and did everything in my power to keep my home. My last ditch effort was Bankruptcy. I tried to get a loan modification, later begging for some type of relief from any consumer advocacy group that would listen to me tell them how many times the bank gave me instructions that contradicted the instructions I was given by them the day before… It’s not just me that they hurt, they hurt my old community as well…. All because I was following the banks instructions until it hit critical mass and became impossible to recover from all the fees and such. I truly think they aren’t don’t squashing us… Prepare for more heartache everyone…

  113. Beatriz Ibarraon 16 Apr 2013 at 1:41 pm

    When did the post card got sent?

  114. ECon 16 Apr 2013 at 1:45 pm

    @Patrick-thanks for the response! I didn’t get the post card, or its possible I thought it was junk mail and placed in my recycling bin. I will call Rust to see if I am getting a check.

  115. Cindyon 16 Apr 2013 at 1:48 pm

    Beatriz, I received my card about a month ago.

  116. Joanneon 16 Apr 2013 at 1:51 pm

    A class action lawsuit will not get anyone more money. The only ones that make out in those lawsuits are the lawyers. I just think everyone got the wool pulled over their eyes with hopes they would be compensated. For losing their home etc. I haven’t seen a ck but really don’t expect much. I really think this was a sham to appease everyone for their loss or trouble to keep their home.

  117. Joanneon 16 Apr 2013 at 2:33 pm

    For all you who are interested found article dated april 14 2013 saying you mot gage bank determined the amount of money each person would get. The OCC n rust only ck 100,000 claims to see if there were errors. The letter is under foreclosure of homes . So the bank is to blame for your ck .

  118. Traceyon 16 Apr 2013 at 2:39 pm

    We paid $3000 for a loan modification. Lost two vehicles to pay the trail payments. Were then told that because we could afford our trial payments, there was nothing they could do. After a 3 year fight, we lost our home. Now we get a measly $300? I am sick to my stomach.

  119. Nickion 16 Apr 2013 at 3:02 pm

    Heidi, I too am with Morgan Stanley. I can not find anything online telling us when we will receive our checks. When I call Rust they just say my check has not been mailed yet and could take til August but I could continue to call to check the status.

  120. Nickon 16 Apr 2013 at 3:06 pm

    I’m from Augusta,ga have not receive a ck.

  121. Leighannon 16 Apr 2013 at 3:10 pm

    Good insult..it’s a shame how the people suffer so white collar continues to skim! Wow another crime that will be swept under the rug to cover politics ass. The constitution clearly states …for the people… not for political pockets. Smh

  122. Dennison 16 Apr 2013 at 3:33 pm

    I have been saving my loose change over the past two years for a lawyers retainer,,, $700 in quarters and about $90 in dimes. If I end up getting the minimum $300 that makes $1090, would someone let me know if they can find a lawyer that will take $1090 as a retainer fee. I havnt looked for one just yet because I havnt had much in the way of extra money following the move… I didn’t ask for an IFR for a reason and I wish the government hadn’t stuck their nose in this… The government probably only succeeded in making my future lawyers job harder.

  123. KSVHon 16 Apr 2013 at 3:47 pm

    Received $6,000 yesterday. Deposited today. Teller called (Rust Consulting I assume) and then told me $200 avail tomorrow, $4,800 in a few days and the remaining $1,000 on 4/25.


  124. papergateon 16 Apr 2013 at 3:50 pm

    Folks – we’ve got to do more than blog – we need to team up in each state – form an alliance and file a case against the US whatever – also isn’t writing a bad check a violation?? I’d be happy to formulate a plan but we need to ‘group’ first by state then ‘anchor’ a type of hands across America case – we do it ourselves for and by us American ‘people’ – I’ve got PA covered – we just need one human from each state and each financial entity – not just the big 5 but all of them the servicers, the vendors (CoreLogic, First American, etc.) – we’ll figure out the legal logistics – we need human effort first and the paperwork will follow . . .its war – and we can fight with paperwork too . . . I will give my cell phone number (LA phone #) simply leave your first/last name state and email address – I don’t want to give my email and be flooded with nonsense – maybe we can call this operation “Tigers’ Den” or something . . . we’re out to protect our dens; our nests – like mother birds or tigers fight to the earth to protect their young one’s nest or den – this has gone way beyond personal – enough of the blogging – we need to start dishing up our own paperwork – hell with lawyers they’re useless and nowhere to be found . . . we’re on our own folks – reading this series of issues is like listening to conversations on the lower decks of the titanic. . . any suggestions – please only realistic thought out ones!

  125. llon 16 Apr 2013 at 3:53 pm

    Curious..if you received only $300 what bank were you with? I received $300 and did file a foreclosure review which meant at the worst case I would get $500. I was with Wells Fargo.

  126. KSVHon 16 Apr 2013 at 3:55 pm

    Interesting to see how many of you actually sent in the Independent Foreclosure Review paperwork?

    Even though I think the servicers gave up on reviewing them, sending it in should get you a bigger check.

  127. JPon 16 Apr 2013 at 3:56 pm

    We got our check today and cashed it. We were suppose to get over $50,000 instead we got $500. I just dont have any words to say right now!

  128. KSVHon 16 Apr 2013 at 4:05 pm

    Do homeowner’s who did short sales get a check? That’s what my brother did. House was in foreclosure and about a week before the date, he short-saled.

  129. Brenda CAon 16 Apr 2013 at 4:29 pm

    Lawsuit seeks ‘independent’ facts behind foreclosure reviews
    Submitted by KayYang on Thu, 04/04/2013 – 3:12pm keywords: FOIA lawsuits FOIA litigation foreclosure reviews foreclosures Freedom of Information Act
    April 4, 2013 3:12 PM
    From eCreditDaily:

    A prominent Washington law firm is suing to get bank regulators to reveal more details behind the failed Independent Foreclosure Review, which after about 18 months and $2 billion spent was mostly scuttled recently in favor of a $9.3 billion settlement.

    In its FOIA (Freedom of Information Act) lawsuit filed on March 27, Williams & Connolly wants the Office of the Comptroller of the Currency to provide more details as to the hiring of the independent consultants by some of the biggest U.S. banks in the failed review process.

  130. Donnaon 16 Apr 2013 at 4:34 pm

    Please post what bank you had your mortgage with and if you filed your request for the review or not and also what category you fall into and if you got the correct amount. Seems that a lot of you got $300 which is the minimum for people who did not file for the review. Your bank/lender determines how much you will get.

  131. Donnaon 16 Apr 2013 at 4:35 pm

    Anybody get anything from Aurora?

  132. Nikkion 16 Apr 2013 at 4:39 pm

    I filed a review, I am with JPM Chase, I have not received a check, but will post when I do! I have MS covered if we can get together some sort of action on our own!

  133. Patrickon 16 Apr 2013 at 4:39 pm

    Another interesting angle to the checks sent out by Rust Consulting is that they have to be cashed within 90 days.

    Since only a small percentage of homeowners who were eligble for a review actually filed, I would have to believe the majority of the postcards and the checks were sent to an old address. And if you “lost” your home in 2009-10 the post office is not going to forward to your new address (USPS only forwards mail for 6 months).

    I had filed for the IFR and had updated the OCC with my post-foreclosure address; still, Rust sent the postcard to the address of my foreclosed property (they verified this by phone).

    It would have been fairly easy to use available technology to find/verify the current address for recipients (social security DTEC report, credit report, etc.). The fact that so many checks were mailed to the address of the foreclosed property 1-3 years ago shows how little thought and care went into this “program” (then again, what else would we expect).

    I have to believe hundreds of thousands if not millions of checks will go uncashed. Maybe that was the plan.

  134. Brenda CAon 16 Apr 2013 at 4:44 pm

    hello sorry to hear that this is still continuing for all of us. We as well lost our home to a forclouser even though we where in the middle of a trial period.
    according to the attached pay agreement stating “Servicer completed foreclosure on borrower
    who was performing all requirements of the
    written trial-period plan” (they told us Ohh! your file just fell thru the crack and Now you just have to move on and get out ) we assumed we would be compensated $50k and we got $2000 pay agreement shows ‘Modification request denied”
    mm I wonder what happened to all the paper work I sent to them showing Bank owed the property and we where still in trial and after it ended they where ahh ! you dont Qualify because you don’t own the house anymore ….. Just saw in Facebook the page
    Independent Foreclosure Review: FRAUD if you would like to join and Yes I’m in on the Class action lawsuit AND by the Way WE will HAVE TO PAY TAXES ON THIS MONEY :) isn’t this nice make SICK … btw CA.

  135. JMon 16 Apr 2013 at 4:44 pm

    Wonderig what bank the checks are drawn on. If I was with Wells Fargo, will it be from them.

  136. Brenda CAon 16 Apr 2013 at 4:51 pm

    #Donna and
    We had Aurora
    We Filed For Review
    we fall in this category
    Servicer completed foreclosure on borrower
    who was performing all requirements of the
    written trial-period plan $50k
    and No we did not get that amount
    we got $2000

  137. Tigers' Denon 16 Apr 2013 at 4:58 pm

    Keep an eye open for Operation “Tigers Den” ladies and gents – just in the process of getting IT guys to set up the website “tigersden.org” – in the meantime please continue to respond to the blog message above – Brenda – CA Nikki – MS me – PA – so far – I will keep tabs and begin this process – please do not let go of this notion – and I can guaranty as a 30+ year litigation veteran (CA) I know how to and will keep accurate records for us, since they obvious can’t or won’t . . .

    Operation “Tigers’ Den” is up and moving! papergate @ aol . com

  138. Chrison 16 Apr 2013 at 5:02 pm

    I live in GA. I got $2k but should have gotten $6k because my home was foreclosed on. I guess I fit into the 4th category. My mortgage was with Suntrust. I’m confused by the whole process and the categories but the Rust Consulting customer service isn’t very helpful. They all have scripts. I just want to talk with someone. I lost my home and my good credit and all I get is $2k. Doesn’t seem right. I need more answers and some type of credit rehab assistance.

  139. Prestonon 16 Apr 2013 at 5:04 pm

    I lost my home during my second call up with the military. Since the start of this Citi denied foreclosing until getting the Colorado Attorney General’s office involved. The AG’s office could find in public record that they did indeed foreclose but rescinded the sale 2 years later. (Obviously to reduce liability). Now they admit foreclosure, but deny the rescinding was 2 years later……they must be robo signing more documentation because I was never notified. Now they want to give me back a falling in house (vanalism, weather, and stray animals) which needs to be torn down……and oh, by the way, I am now behind over $50,000 on the loan on it and they are billing me again. And no check yet.

  140. Big Mon 16 Apr 2013 at 5:11 pm

    Got my $300 on Monday. I live in ca, After two modifications, that did not help me in any way, just added what I owed to the back end of my loan & submitted tons of paper work, I finally had no choice but to let the bank short sale my home. I didn’t submit a review & I cashed check with no problem. Hope we come across the few
    Lucky ones!!!!

  141. Nancy Brownon 16 Apr 2013 at 5:13 pm

    Can anyone tell me how their checks were addressed if there were two people listed on them?

  142. Donnaon 16 Apr 2013 at 5:19 pm

    Was there any information on what category you fell into according to them?

  143. FOYEon 16 Apr 2013 at 5:19 pm

    I’m with Wells fargo Bank !!! I did the review & I was suppose to get $50,000.00 !!!!!!!!! Instead I got a meassly $300.00 !!!!! The NC Attorney General’s Office helped me fight against Wells & I complained to the Dept. Of Justice in DC as well as the OCC in 2009 & 2010 up to my foreclosure!!!! And family…how about the check I received was on a property that NEVER had a LOAN !!!!!!!!! The property that was foreclosed on…IFR had NO DOCUMENTS or RECORDS of my foreclosure !!!!!!! What kind of bull crap is that??????? I called 16 lawyers today…no one wanted to go against the IFR !!!!! what do you think about that???? One thing for sure…..I’m giving up until JUSTCE IS SERVICED !!!!!!!!! Believe that !!!!!!!!! this hurt and degrade was so un-called for all of US !!!!!!!!!!

  144. Karen (Seattle)on 16 Apr 2013 at 5:19 pm

    I am hoping that each and every one of you that got the insulting amounts that were on these checks (mine was $300) will call the General Counsel’s office at the OCC 202-649-5400….and tell them that on top of being insulted by this f***ed up offer of hush money, you demand a certified letter from the OCC that states IN WRITING how your servicer broke state and federal law….and specifically for your case which laws that were broken. If we continue to keep up the pressure something is going to break.

    I also suggest that we use this money for camping gear to camp on the WHITEHOUSE LAWN and demand justice.

    MY RAGE IS BOILING EVEN HIGHER TODAY. And the fact that you all are reporting insufficient funds makes me even more pissed off.

  145. FOYEon 16 Apr 2013 at 5:21 pm

    I”m NOT giving up !!!!!!!!!! JUSTICE WILL PREVAIL !!!!!!!!!

  146. Kathyon 16 Apr 2013 at 5:29 pm

    We have not received anything yet. This is so unfair ! What can we do?? How do I find a lawyer that practices in this area of law?? I still can not believe it was turned back over to the banks, the same people that screwed us to begin with…..Does anyone have an idea of where we should start???

  147. Jennyon 16 Apr 2013 at 5:30 pm

    We live in Colorado and haven’t received a check yet. We contacted our senator when we went through the modification nightmare with PNC bank, ended up getting the department of justice involved but we ended up losing our house. Owned 3 homes prior to that house and never made a payment late but due to a bad injury that put me out of work for a while we requested a modification. We had to sit on hold an average of 1 1/2 hours to call PNC, were hung up on, were told the paperwork we submitted numerous times wasn’t received, it was a complete nightmare. I am a veteran of the Army and I am totally disgusted with how we’ve been treated. I’m sure we’ll get some disappointing check like everyone else.

  148. theydontwantyoutoknowon 16 Apr 2013 at 5:45 pm

    Anyone who was foreclosed on and protected by bankruptcy should file suit… As I understand it, there is no legal limit in a lawsuit of this type as to the amount of compensation they would have to pay you. I guarantee they wont tell the people who were in this category that little tidbit of info…. I’m looking for more info for the rest of you…

  149. Nancy Brownon 16 Apr 2013 at 5:49 pm

    @Tracey or anyone else that received a check with two names on it, were the names listed with OR between them or AND between them? My ex husband can’t be found and I will have no way to cash if the word OR is not between each of our names. : (

  150. Mariaon 16 Apr 2013 at 6:01 pm

    @ Nancy – ours have both my name and hubby… no or between them or and… so I am hoping you’ll be ok cashing it good luck… @ Tiger’s Den – count me in… Maria – CA

  151. Agneson 16 Apr 2013 at 6:36 pm

    I’m in CA, loan was with Aurora, have not received the check yet. Reading the comments makes me very angry. $300 or $500 checks are a slap in the face. Won’t even cover a fraction of the attorney fees we’ve paid.

  152. Iesha#on 16 Apr 2013 at 6:43 pm

    I recieve my check Monday $300 sooooo mad. I thanked GOD for something better than nothing… I did’nt cashed it yet. I need a lawer ASAP!
    I’m now tryna find out how to get the rest of my money back from paying Lawer fees which was money I didn’t have in the first place for this bull stuff!!! I thanked GOD for having a HOME, but it’s just crazy for even going thru something like this wit these BANKS. I’m in New Orleans

  153. Nancy Brownon 16 Apr 2013 at 7:10 pm

    With no OR between names I won’t be able to cash it. No OR means the same as AND. This means both have to sign. So, can anyone give me advice on how to get this cashed IF I can find my ex and he cannot travel to VA where I am?

  154. Nancy Brownon 16 Apr 2013 at 7:12 pm

    @ Maria thanks! I have to come up with some creative way to get this cashed IF I can find my ex and IF he cannot travel to VA. I know he is not in VA.

  155. Geeon 16 Apr 2013 at 7:13 pm

    I received a check for 3000.00 today, deposited it…. funds won’t be available until 4/18/13 hopefully! I’m in New Orleans. I didn’t receive the legal fees I paid even though the foreclosure wasn’t completed. I went into foreclosure before U S Bank offered a forbearance… which caused an excessive amount of legal fees.

  156. NSon 16 Apr 2013 at 7:21 pm

    I received my check and was able to deposit it. I am not spending any of the money until my bank assures me that the check clears! I can’t afford bounce fees on top of everything else. What has me super irritated is that we ARE RECEIVING 1099 MISC for these at the end of the year and will have to pay TAXES on it!!! How comforting is it to lose your home after being told you are approved for a modification and starting payments, having a 2 week old baby and being told that you have to leave and then finally getting some “relief” and finding that now you will owe the IRS for this!!! This money can screw up any credits received by taxpayers by shooting their income up. What a rip off! I wonder, did Wells Fargo have to pay taxes on the money I paid on my mortgage???? Did they pay when they sold my home????

  157. Margoton 16 Apr 2013 at 7:24 pm

    I am waiting my check too. If I get 300 is going to be okay, I stoped making payments to WF for almost two years, and I requested a loan modification for HAMP program, and after that I filed for bankruptsy chapter 7 and later on I got a trial for a loan modification $240.00 more than I used to pay for the mortgage, so I did not made any single payment and walk away from the property, and moved from Phoenix AZ to Texas. I called to the bank and told them to take the property away , finally, the house went into foreclosure in sep 2011. After a while I received a letter from IFR asking me to be reviewed my case, and I sent paperwork and everything I had handy and I got a response from Rust consulting about a payment, so I will be happy to get something that I do not feel I deserve

  158. Treybombon 16 Apr 2013 at 7:34 pm

    I received a check today. $600. Just deposited it. Crossing fingers. I knew this is going to be a big scam. The auditors made $20,000 per case in salary and we get nothing. The other question I have I received 2 yes (two) postcards weeks ago with different wording. The check I got today said was payment from Citibank. BUT I have another postcard that says I will receive another check from LITTON??? who are they? Advise?

  159. Casey Collinson 16 Apr 2013 at 7:36 pm

    When I read these posts (posted myself twice today), I noticed that some people are in the wrong categories, while others may be in the right category. Who is making these decisions? Does one bank have the lions share over the others? Wells Fargo settlement to me, was $500, however, I appear to fall into the same category as at least one of the posters above who got $6,000. Common!!!

  160. Brenda CAon 16 Apr 2013 at 7:49 pm

    #Donna according to us we fell under
    Servicer completed foreclosure on borrower
    who was performing all requirements of the
    written trial-period plan

    but acoording to the amount they sent
    its category modificacion denied.

  161. Gerardoon 16 Apr 2013 at 7:56 pm


    “Independent Foreclosure Review: FRAUD”


    “Independent Foreclosure Review: FRAUD”


  162. Brenda CAon 16 Apr 2013 at 8:00 pm

    @ Tiger.den count us in .
    To all other FYI we tried to deposit the check that is from The Huntington National Bank Westerville Oh
    bank called the number in the back of the check to verify fund and My bank was told they could not let them know if there was fund but that yes it was a valid Check My bank said I will have to deposit and wait a week to see if it clears and if not I WILL GET CHARGE $35.00 for NSF.
    I searched the bank Info And found this Number
    614-331-8590 There you can check if there are funds in the account I inputed the checking acct on the check and the amount 2000 and got the computer thought it was $20.00 and responded that there were NO FUNDS to the $20.00 WOW!!! sending out check with NO Funds isn’t that Ilegal ???

  163. Moseson 16 Apr 2013 at 8:13 pm

    I’m in Florida and I also received a check for $500! I’m still fighting the good fight after three years and two Lawyers. Aurora foreclose on me twice on 2009 and 2010 but I fought back. Does anyone know how the rest of the 5.6 billions will be distribute? Remember this money we received is only the first 3.4 billion, however, the rest is supposed to be used to lower the principal for those of us who kept our houses. Anyone has heard anything?

  164. Nancy Brownon 16 Apr 2013 at 8:15 pm

    After I sent an email with a link of this forum to Senator Elizabeth Warren’s office, the OCC published this on their website. To view this please visit http://www.OCC.gov and scroll down to the middle of the page.

    04/16/2013?NR 2013-64, Independent Foreclosure Review Agreement Payments Underway –
    Nearly 50,000 checks totaling nearly $50 million relating to the Independent Foreclosure Review Payments have been cashed or deposited as of close of business on Monday (April 15), according to officials at the Office of the Comptroller of the Currency.

  165. Kim CAon 16 Apr 2013 at 8:31 pm

    Just got our check today. Should have been $50,000 but received $2,000 (not shocked considering all that has happened) but hey it’s just enough to cover my therapy sessions to help me get over some of this nightmare. Let’s just hope that there might be some civil suits in our future. My thoughts are with the rest of you….sincere blessings that some of you get something greater as I know that many out there deserve it.

  166. Sonyaon 16 Apr 2013 at 8:35 pm

    I received a $3000.00 check today. I was with Aurora, I live in Virginia. I never requested a review (was unaware one existed). My first knowledge of any of this was when I received the post card in March. I requested a modification in 2009, was put on trial payments, submitted paperwork and they denied my application in March 2010. Attempted to work with them until I filed chapter 7 BK in September 2010, received discharge in January 2011, left my home in April 2011, Aurora foreclosed in July 2011.

  167. Brenda CAon 16 Apr 2013 at 8:37 pm

    this is the link on facebook that was just done today for us :)

  168. Kim CAon 16 Apr 2013 at 8:51 pm

    To add insult to injury we may have to pay taxes on these payments! See the back of your check/letter.

  169. Tigers' Denon 16 Apr 2013 at 9:05 pm

    Thanks for inquiries folks – we’re working on the details so please keep an eye on these posts . . . Maria – CA, Brenda – CA, Jennifer – CA, Nikki – MS, Karen – WA and Doc . . thanks you guys – this is a sign we need something for all 50 states and we’re working on it . . .! Please folks from other states let’s hear from you!

  170. Nancy Brownon 16 Apr 2013 at 9:19 pm

    @ Tigers Den – sign me up – I am from Virginia

  171. Tigers' Denon 16 Apr 2013 at 9:29 pm

    Thanks Nancy – VA

  172. Maxon 16 Apr 2013 at 9:41 pm

    Class action lawsuit is no good. The reason is there will be a one more 3 billion settlement and after lawyers taking half of it, all of us will get $150 a peice.
    Banks make very good money and can get billions in bailout when they need. Congress/Obama must pass a bill saying that banks have to modify loan or refinance on a mandotary basis. People got foreclosed on must be given the best allowed loan package with very minimum qualification criteria and no down and such.
    Tigers Den, must exactly formulate what is the goal and demand and further saturate congress/occ/local/politicians with correspondence.

    My question when the banks got a chance and olive branch when needed, why not extend the same to us and take a chance.
    The occ fools lost a good opportunity. The good news is this settlement is a moot issue and they have to start working on a new one. Keep the cash you got and focus on next step.

  173. Maxon 16 Apr 2013 at 9:44 pm

    Tigers den,

    Can represent TX.


  174. Trinaon 16 Apr 2013 at 9:47 pm

    Received my big $500 check yesterday. I was foreclosed upon, while waiting for the paperwork I was approved for, for Loan modification. SAD!!!! CROOKS!!!ALL OF THEM… FYI in Wa St.

  175. Mikeon 16 Apr 2013 at 11:11 pm

    woo-hoo got my $1000.00 check, thought it was going to be for $6k. WTF let’s see if funds are available tomorrow.

  176. Corion 16 Apr 2013 at 11:16 pm

    I’m in…CA

  177. Stephanieon 16 Apr 2013 at 11:39 pm

    I am in ca, filed for a ifr and I should fall in the 50k or 24k catagory? I did 3 trial forebances and was still denied a modification at the end of each. Also I had all but 2k of the outstanding balance and the bank agreeged to take the money by western union and then 2 weeks later western union sent a letter stating to come pick up our money or loose it!!! Called wells, hired a lawyer and still got foreclosed on? I have not gotten a check yet? But also wanted to ask did everyone send in the paperwork back in oct or nov that the ifr asked for to make sure that you qualified and had given them all updated info? I was just wondering if that had anything to do with them saying they had no record even though you initially applied? ( the second round of paperwork also had another deadline on it) don’t know if that even makes a differance but it had a special case # and I had to mail it back signed or go online and esign? I M saying a prayer for everyone! One of the worst times in my life and probably everyone else’s!

  178. Butchon 17 Apr 2013 at 1:52 am

    Is anyone here really surprised by the payment they received? We have allowed ourselves to be victims of the system and by filing a class action lawsuit it will just continue!

    I have like most of you spent long hours doing research and reading all the blogs trying to find a way to fight these guys. In reading the remarks I found several comments by people not involved who felt we purchased homes we couldn’t afford to begin with and wanted some sort of government handout.

    When I first heard about people losing their homes to foreclosure I thought to myself they must not be making their payments. I thought there is no way the bank wants to foreclose on someone who is actually paying their mortgage! I thought that clear up to the point at which they were trying to take mine. Even then I thought there has to be some sort of mistake and they will eventually figure that out and make it right. I thought that up to the day I received the letter from WF attorney with the auction date.

    I still want to believe in people like Elizabeth Warren who are out there and fighting for us. I don’t believe we will ever be made whole again. Like the rest of you I want to fight! I just don’t think it will accomplish anything other than more stress and strain on my body and mind not to mention the stress on my family.

    The best way to fight is with your vote! We allow these guys who represent us to be bought and paid for while their families reap the benefits and ours suffer. They don’t really care about us at all it’s just a job for them. The ones that do care don’t have the back up to support legislation to make things right and they play us ( Dems and Reps) against each other.

    If you want to get even with the banks that took your homes and lives stop doing business with them. If you have any money at all move it to your local credit union or home town bank. Don’t allow yourselves to be charged overdraft fees and ATM fees. Buy only what you can afford and don’t pay any interest on credit cards.

    Eventually these guys will get what’s coming to them either in this life or the next. Until then we have to take back our lives and try to move on. Good luck to you all!

  179. Gerardoon 17 Apr 2013 at 2:44 am


    “Independent Foreclosure Review: FRAUD”


    “Independent Foreclosure Review: FRAUD”


  180. Cassidyon 17 Apr 2013 at 3:11 am

    *This may be posted twice, I’m sorry, my internet connection is crap.*

    @Tiger’s Den- Count me in for Tennessee. I know that in my county alone there was 130 sent post cards. There was a link on the OCC’s website where you could see by county how many where sent and how many sent in requests. I don’t know what I can do, but I am here.

    @treybomb-I am with JPM Chase and in jan/feb of 2009 they sold our loan to Citibank(for ten dollars mind you, I have the papers). Check your stacks, I bet Citibank sold your loan in essence to hide their wrong doing to this Litton company without your consent or knowledge.

    -Lawyers as a whole do not want to take on big banks. I know I wouldn’t. But, If we band together and still travel separately, can you imagine what a dang headache that would be for our “servicers”? Lawyers want to know that 1:they can make money, and 2:they can win. They like glory and money and hate to loose. If we appeal to their natural instincts and wants, and keep together for info and tactics, we won’t be stopped.
    BTW, no check yet. But now I really don’t care. Keep on keepin on, don’t loose faith and don’t be lazy. Keep your papers, keep you minds. They want us to hush. But this IS an admission of guilt. We got them where we want them.

  181. Dougon 17 Apr 2013 at 3:33 am

    I was able to deposit my check. Just need to have the teller use the number on the back of the check to validate it like they are suppose to. Looks like they fixed some of the issues. http://pn.newsblaze.com/story/2013041619160200001.pnw/topstory.html

  182. PBon 17 Apr 2013 at 4:02 am

    Does anyone know what determined what wave Rust mailed the checks in? For example, are they sending eveything under 6K in the 1st wave and then 6k to 50k in the 2nd wave of checks and so on?

  183. Samsonon 17 Apr 2013 at 4:28 am

    Looking at the payout, it’s so shady. If you are approved a modification, you get $500. But if you aren’t converted into a permanent plan with that modification, you get $50,000?? Makes no sense. I haven’t heard one person get $50,000.

  184. MSGon 17 Apr 2013 at 5:24 am

    I’m with PB, has anyone received more than $6000 in this wave of checks. According to the chart I am suppose to recieve more than 6k and Rust/Wells Fargo said my check was not part of this wave.

  185. Moseson 17 Apr 2013 at 5:47 am

    Here from Florida. I’ve contact few lawyers and they all say the same thing. They won’t represent unless its a class action. This is why those crocks made the deal because they knew that no lawyer was going to take any single case. If anyone know anything knew let us know please. Good luck.

  186. Nickieon 17 Apr 2013 at 5:49 am

    Anybody received checks that are with Bank of America? I am in TN…no check yet.

  187. CCRon 17 Apr 2013 at 5:52 am

    I’m in NC. I received my check yesterday for $2,000. I’m not seeing anyone else with his amount, why $2,000? I will try to deposit it today. I made my three trial payments for the loan modification and then the bank told me they didn’t receive my payments. After documenting that I did, they still denied they received the payments and it went into foreclosure. That was in 2010 and it was the second time they put the loan into foreclosure. I had been battling back and forth with the bank since about 2007. My house, is still not foreclosed on. It’s actually still in my name. This has been a 6 to 7 year ordeal!

  188. Cindyon 17 Apr 2013 at 5:53 am

    @Tiger.den, count me in for Florida. I have not received a check yet, but I am ready to jump on board.

    Cindy – Central Florida

  189. KSVHon 17 Apr 2013 at 6:02 am

    I posted earlier that I rec’d $6,000, which appears to be the correct amount according to their “chart.” I tried for a modification and was denied. I filed out the IFV paperwork, so $6,000 was the amt. (if I had not filed out the paperwork, it would have been $3,000.)

    I am still POed about it all. I tried for months to work with BoA to lower my pmts. They wouldn’t even listen until I stopped making payments and then denied a modification.

    I sort of got them back by filing bankruptcy and getting the $30,000 equity line and $24,000 cc with them written off ;).

    But, my home was sold for $30,000 less than what I owed. Why didn’t BoA lower my mortgage to that….it would have been doable for me.

    For those of you who are saying you were protected by BK and should have received more, you are only protected until you are discharged.

  190. Sue-Ellenon 17 Apr 2013 at 6:17 am

    @ Tigers’ Den.. I’m from NY and I am in.. We ended up filing for bankruptcy after there was no help coming from the bank – Beneficial Home Finance (HSBC). We moved out of the home the minute we filed the bankruptcy so that they could take possession of it… still received foreclosure notices and every month received a statement of how behind we were on the mortgage. after the bankruptcy was discharged (2/2010) Beneficial never completed the paperwork to complete the foreclosure and so our name was on the deed, without us even knowing. We found this out when after working very hard to make sure our credit record from the bankruptcy on was sparkling clean, and we knew that we had to wait 2 years after discharge of the bankruptcy or foreclosure to apply for another loan. when we went to start looking at houses after the two years, the broker we were working with found the foreclosure still open on our credit reports. The house that we had to leave has sat empty for almost 3 years now. After many many many calls and letters to Beneficial, they finally said that the only way we could get our names off the deed was to do a Deed in Lieu of foreclosure. Which we did.. but then had to wait again to meet the 2 year deadline to buy a new home. We are finally in a beautiful home and after losing all of the money that we did on the first home, received a $500 check.. I was foolishly assuming that the foreclosure process was taking place during the bankruptcy that we fell in the 62,500 category.. Why I even bothered I don’t know.. I am just so disenchanted and embittered by the whole process, but I am willing to join any fight that is being organized against these banks, OCC, Fed Reserve, and Rust… I will just sit by and be pushed aside and appeased with a measly $500 check.. So count me in…

  191. Angelaon 17 Apr 2013 at 6:52 am

    My name is Angela I live in NY I was with Aurora I received my check for 6000 yesterday, didnt try to cash it yet.

  192. Stephanieon 17 Apr 2013 at 6:52 am

    So sad to read how many of us suffered. I know when I went through it, it was such a lonely feeling. After a few (denied) attempts at a modification, I was actually able to sell my house in a short sale HOWEVER, even though B of A signed the papers accepting the sell, they ended up foreclosing because the 2nd mortgage holder was getting $3,000 more than BofA allowed.
    We even offered BofA $3,000 more to let it go through. Nope. They would not allow it.

    Since everything was signed off, we let the new owners move in. Then we got notice of the foreclosure. The man and woman were from Italy and paid cash for the house. It was actually in the escrow account but BofA wouldn’t accept it! They foreclosed on the house and thankfully the new owner was able to buy it back on the courthouse steps. Unfortunately, this was too much for the husband and before the auction, he killed himself. I swear… I can’t even make this up. He saw his life savings gone and feared homelessness to a drastic point. 2 years of process and paperwork, money is in the bank on a sold home and BofA forecloses over $3,000.

    I was in CA. I moved to TN and now live in NC. No check yet. I filled out and submitted all the paperwork for the IFR ( and told them the story), and for the separate National Mortgage Settlement.

    However nice $500 or more would be, I just expect the $300 as that just seems to be the way this all goes, regardless of the category I should be in. My big problem with IFR is I did everything I was supposed to do with the promise of an Individual Review of my situation. I can only assume by everything I read that never happened. I would feel better if they would just removed the foreclosure from my record. My credit score is 580! I tried to do it all right. I put six figures down on that house and tried like hell to keep it but a lay off started this nightmare.

    I am in on any class action. The attorney and realtors (yes, plural), said this was the worst case of mismanagement they have ever experienced..and with such tragic end. They postponed the foreclosure 5 times… we jumped through every hoop over and over. So… a renter I am. I will keep you posted when I get my check. This feels good to talk about out loud. Thank you all for listening and I wish you nothing but the best of luck.

  193. Cristinaon 17 Apr 2013 at 7:08 am

    Whats up with Goldman sachs? I;m assuming their pay outs will be different because we weren’t even allowed to submit a request for a review and therefor shouldnt be penalized if we didnt. Correct?

  194. Tomon 17 Apr 2013 at 7:16 am

    Indiana here, no check has shown up. Curious how they are sending them out. Honestly also surprised there are more boards or forums setup for complaints on this.
    I agree it was and is a slap in the face – I lost my home after 15 years of paying on it – with NOTHING. We had to walk away cause PNC would not work with us at all. 15 years of payments, equity – down the toilet.

    Our government totally sucks of late. Its all about the mighty dollar and how much can be squeezed from the little guy.
    World isnt going to get any better folks….


  195. unknown foreclosed manon 17 Apr 2013 at 7:39 am

    Cashed my $500 check this morning no problem but that is not the issue. The issue is what makes a ivy league banker a banker??? His or her parents money. They are no better than we are, they just have more money they cheated, lied and swindled to obtain.

    Pull yourself up, research, get a good Attorney and individually sue the Banks into the ground, the scenario is already starting and cases are being won buy us regular men and women who live honest lifestyles unlike the ivy league punks who desecrated this country. Time to man and woman up for our families.

    They are counting on you cashing your check and forgetting the HELL they put you through, sorry Punks.

    Unlawful or Illegal Foreclosure allows for actual damages you suffered and that’s nice but also punitive damages, punitive damages in the amount of 9 times the actual damages, for example 100,000 dollars actual damages x 9 equals 900,000 dollars punitive damages. As you can see the PUNKS Want us to go away quietly with our little checks. FIGHT and you can win, many lawyers are jumping on the wagon as the damages in these cases can be substantial. Fight the PUNKS and show them what us real Americans are made of.

  196. Donnaon 17 Apr 2013 at 8:05 am

    Interesting that the most anybody got is $6000. Wonder if the next wave is for larger payments?

  197. Deannaon 17 Apr 2013 at 8:05 am


    Seems to me that is exactly what the big corporations are shooting for. Just because most of the citizens were not born with a silver spoon in their mouth, DOES NOT justify the cruel, intentious and down right hurtful acts, the so called big wigs bring down upon us.

    We are not pawns on your gameboard, we are not the scapegoat to your schemes and web of lies. WE ARE AMERICANS! We deserve our freedom, right to justice, and voices to be heard.

    It so saddens my heart that so many of us have had to deal with nightmares that just don’t go away. While they get stronger, we get weaker. Not just under this circumstances, but many.

    We have to stay united against the wolves and bring them down. Revolution!

  198. Donnaon 17 Apr 2013 at 8:07 am

    @#Angela. What category did you fall under and did you request the IFR?

  199. Donnaon 17 Apr 2013 at 8:31 am

    It seems that most people are having a hard time in “cashing” their checks, not depositing them. Most banks will put a “hold” on large checks if it is being drawn from another bank. If you deposit the larger checks, typically, a bank will release approx $100 and then the balance within 72 hours.

  200. Margoton 17 Apr 2013 at 8:32 am

    I haven’ received my check yet, but I guess is going to be 300. 00 I am under the categorie of denied loan modification. the foreclosured occured in Phoenix, AZ and had to move to texas to start over again

  201. Jessica Silver-Greenbergon 17 Apr 2013 at 8:35 am

    I am a reporter with the New York Times. If you received a check and were told you couldn’t cash it, please contact me at 347-843-9767 or via email, jessica.silvergreenberg@nytimes.com

  202. Margoton 17 Apr 2013 at 8:35 am

    I really feel bed for those ones that really deserved a good compensation for being foreclosed

  203. Cindyon 17 Apr 2013 at 8:37 am

    Well, needless to say I am very disappointed. I just called Rust Consulting to find out if my check had been mailed. Nope. I was told it could take up to August and that they cannot tell me why. Glad I called because at least I won’t be going home everyday looking for it. If it’s not here eight weeks from March 22, then I will call back demanding an answer as to why on the post card does it say I will receive payment in four to eight weeks. This is just too much. My mortgage is with Bank of America. I would love to refinance with someone else.

  204. Tonistlon 17 Apr 2013 at 8:41 am

    FYI–First wave of checks 4/12. Second wave 4/19. Third wave 4/26 and next wave 5/3.

  205. Tonistlon 17 Apr 2013 at 8:50 am

    The check wave info was provided by the OCC. The paying agent refused to explain anything so I called the OCC directly. The post cards said four to eight weeks.

  206. Moseson 17 Apr 2013 at 8:53 am

    Thank you Jessica. I deposited mine today. I will let you know.
    Is there anything you can do to let everyone know about our frustration of this whole process?

  207. Mhollingon 17 Apr 2013 at 8:55 am

    I live in Nebraska. We had to pay Wells Fargo’s lawyers almost 4K to get out of the foreclosure process even though they told us “You shouldn’t be in foreclosure, but we are to far into the process to stop it now. Someone has to pay OUR lawyers” Looking back, we should have fought it, but we were scared, had 2 young children, and didn’t want to loose our home. We requested a review, but have not recieved a check.

  208. Mariaon 17 Apr 2013 at 9:06 am

    @ Jessica of NY times – please don’t just focus on checks that cannot be cashed – take a look at the whole scenario – all of us here are not crooks that are trying to beat the system – we are honest people who at some point was so proud to have own a piece of the AMERICAN DREAM, but because our banks did not care all of that is gone and no amount of money, unless we get another home that we can call our own will never replace the anger, sadness we have felt and still feeling..lost mine in 2011 after 16 yrs out of a 30 yrs mortgage just because I was asking a bit break to lower my monthly payment. No warnings that it will sold and boom one day of a beautiful St Patrick’s day – my luck ran out and got this only paper pasted on my front door that we have 3 days to vacate the property… To date I have not received any paper work from BOA about why, how, what, when , where….and I got $800.00 for the worst thing that happen in my life… trying to explain to your confused 11 year old son why he needs to put all his things in a box that day when we were trying to box 16 years of our life to find a place to stay…Thank GOD I think we have been raising him well, because he said MOM / DAD – AS LONG AS WE ARE TOGETHER WE WILL BE FINE!!! so cashing this check and not going thru is the least I am worried…. you can contact me or any of us (pretty sure most of us) wants someone on our side…. Thanks

  209. CCRon 17 Apr 2013 at 9:15 am

    They have me in the wrong category so of course my payment isn’t what it should be…..go figure. Oh, and of course, no recourse. Isn’t that what started all this to begin with?

  210. Reginaon 17 Apr 2013 at 9:26 am

    I did a IFR and recieved $300.00 what a joke the amount I was expecting $6000.00 I live in Michigan and I am ready to sue!

  211. Angelaon 17 Apr 2013 at 9:31 am

    yes i requested the IFR i fell under several i was denied a loan modification after completing all the requrements under my trial modification and then was denied a permanent modification several times after that. The letter suppied with the check does not indicate the category you were placed in.

  212. darleneon 17 Apr 2013 at 9:36 am

    Deposited $800 check yesterday. .what a joke I expect others and will update as and if they arrive. Complicated story like many others but illness, then this fiasco, moved me from middle class to poverty with a chronic illness after a lifetime of planning and working my tail off to watch my world collapse. I had 4 modifications going on during these times so trust me, I know all of their terror and inhumane tactics. I sent in 2 IFR applications complete with page after page of proof. I read the SIG TARPS book and used him as a resource to prove what I already knew from experience.

    We already know they used 2 billion of the scheduled cash payments to give to the consultants..leaving homeowners with 3. odd billion..I think we should be given that money given to consultants . I think that is one part of a class action.
    I also think we should know if the other half of the settlement which was supposed to be used to adjust payments and do mortgage modification, lower principle, etc is being done. Not last year..but this year. Last year was an election year and I know that some modifications were completed..more than any other year BUT if a modification is completed, it should be noted that it was done in compliance with the use of this 4+ billion. We already know their shenanigans..they’re screwing us on the use of the rest of the money as well..you can take that to the bank.

  213. AZRon 17 Apr 2013 at 9:46 am

    It’s really starting to irk me that people who still have their homes received more money than those who were booted out. It’s also starting to really piss me off that people who had no idea about this settlement in the first place and never mailed in any paperwork have received a higher payment than those of us that took the time to mail back all the verification required and most of them are still in their homes as well. The staggering $600 I received from my botched mortgage with Chase doesn’t even begin to cover 1/3 of the attorney’s fees from the bankruptcy I had to go through after the stinking foreclosure. If there is another class action suit, I’M IN! Whatever happened to the funds from the National Mortgage Settlement?

  214. Sue-Ellenon 17 Apr 2013 at 9:50 am

    @ jessica.silvergreenberg@nytimes.com
    I am with Maria… the story isn’t in the fact that checks couldn’t be cashed, that is just one more thing that we all have had to go through.. everyone’s story is different… and none of us got to even have any input on any decision… the same banks that made such a mess of our foreclosures and lives, are the ones that put each person into one of the categories… no wonder that out of the 3,949,896 victims that were sent checks, only 9,559 were above $7000. That means that only 0.0024 % of the people that were tricked, lied to, harassed, ignored, and rejected received any amount greater than $7000. That is pathetic. That is the story. The fees that Rust collected from the banks were only a small amount lower than the total that was sent out to the victims. That is the story.. not that the checks didn’t cash, they fixed that, but that we are patted on the head, handed a couple of hundred or thousand dollars for all of our pain and expected to say Thank You and walk away…. Maybe you could investigate that for us, we would sure appreciate it..

  215. Tonistlon 17 Apr 2013 at 9:57 am

    They claim that the national mortgage settlement money will not be distributed until mid 2013. 866-430-8358 is the national mortgage settlement customer service phone number.

  216. Nancy Brownon 17 Apr 2013 at 10:06 am

    Called the OCC this morning to ask for their help. Told them that Rust Consulting is sending out my check with both mine and my ex-husband’s name on it. Advised them that I don’t know where he is and won’t be able to cash the check. They said there is nothing they can do and referred me back to Rust Consulting. So I called Rust to see if there is a policy they will be following now for these type of cases as I know I can’t be the only person with this problem. Rust Consulting told me I have 90 days to cash the check and if I don’t do it within that time period I lose the money. How very very sad to be screwed by my bank and then to be screwed by the Independent Foreclosure Review. My case shows you that they don’t care if we cash this money or not. I invited the NY Times reporter, Jessica, to send a reporter to watch me burn my check. I won’t have any way of cashing it. How very very sad. At least the National Mortgage Settlement will be sending me a separate check from my ex. So why can’t the IFR do the same? Because they don’t care how much you get paid or who gets paid.

  217. Margoton 17 Apr 2013 at 10:12 am

    the one who won were banks and consultants that’s all, other than that is like a slap on victims face, what a crap!!!!!

  218. Donnaon 17 Apr 2013 at 10:48 am

    Be sure to contact your congressmen if you feel you were cheated. Keep all pertinent information. My congressman’s office took on our lender who would not agree to a short sale (kept saying paperwork not received as the date of foreclosure got closer and closer). Took one call from his office and all of a sudden everything went smoothly. It helps. Let them know what is going on. And vote smart in the future with all this in mind.

  219. Karenon 17 Apr 2013 at 10:49 am

    After reading all the comments about everyone’s check amounts are discouraging, although I havent received our check yet, I am not going to hold my breath on anything substantial. I am curious to know if the lenders are going to forgive our debt and fix our credit. We would like to purchase again, and we dont want to wait the 5 years before we can do so. After all, this review was to help the borrowers, so is this really going to help all of us who lost our homes. Renting stinks, advice please!!

  220. Paton 17 Apr 2013 at 10:55 am

    Did anyone request an review last year but get denied because they did not qualify? And then receive a postcard in March saying they were going to receive a payment?
    Just wondering b/c I received a denial letter after I requested a review. I March I received a postcard stating that I was eligible for a payment and will be receiving one.

  221. EZ CAon 17 Apr 2013 at 11:16 am

    I received my check yesterday for $3K. My loan was with WFB. I did not file any paperwork but received the postcard in the mail. I’m a little hesitant to cash the check. After our house was foreclosed in 2009, we filed for bankruptcy and got discharged of our debts that same year. My question is, if I cash this check will this affect my completed bankruptcy in any way? I don’t want to go back to that nightmare situation! I don’t know much about laws and legal stuff and hope this is not a dumb question. I tried asking my BK lawyer about the check I received and he was typical. He said he would need to see the letter and check I received and do ‘research’ work BUT it would not be for free and I would have to pay him to look into this. I just want to make sure I can cash this check w/o any issues. Any advice is appreciated. Thanks!

  222. Deanon 17 Apr 2013 at 11:35 am

    Sent in the IFR paperwork detailing Aurora’s errors, received $300 today, expected 6k. What can be done? Nothing?

  223. Lauraon 17 Apr 2013 at 11:42 am

    Please read this site. Even Wikipedia states that their are problems with this review.
    I was with WAMU and then sold to Chase. I have not received my check. My story is very similiar to the many in these posts. We need someone to listen to us.


  224. Lauraon 17 Apr 2013 at 11:53 am

    Reading the references on this site is simply amazing. There is awareness but nobody is listening.


  225. Mariaon 17 Apr 2013 at 11:57 am

    @ Donna – I commented on Senator Warren’s take on this process that I saw on You tube but no reply yet from her… I just emailed this site to my Congressman so let’s wait and see….

  226. Gerardoon 17 Apr 2013 at 11:58 am

    “Independent Foreclosure Review: FRAUD”


    “Independent Foreclosure Review: FRAUD”


  227. Bsmomon 17 Apr 2013 at 12:00 pm

    Has anyone that received there check been with JPMorgan Chase? I’m thinking the waves are with the different banks? Also anyone notice a code on there envelope with a letter? Mine has a J not sure if that is for JPMorgan chase or a code that means 10 for 800.00? Any thoughts?

  228. Nickion 17 Apr 2013 at 12:04 pm

    Bsmom, my card has an “G” and I am with Goldman Sachs.

  229. Jillon 17 Apr 2013 at 12:05 pm

    @Bsmom our mortgage is with JPMorgan Chase & we haven’t received a check since yesterday(04/16). We also have the letter J on the front of our postcard. We live in the state of Mississippi. Not sure what the letter J stands for.

  230. Lauraon 17 Apr 2013 at 12:11 pm

    Mine has a J on it and I am with JPMorgan and Chase. I have not received my check yet. I live in Texas. I think the J stands for JPMorgan and Chase and the checks are being sent in waves according to who your mortgage was with.

  231. Bsmomon 17 Apr 2013 at 12:18 pm

    Let’s hope JPMorgan Chase’s checks are in the second wave. I’m pretty sure that is what the letter J on the post cards mean! Who knows how to figure out the amount! I think they are sending what they want! We are all getting screwed!

  232. Paton 17 Apr 2013 at 12:28 pm

    I also have a “J” and am with JPM Chase and didn’t receive my check. I was told my check will be sent in one of the subsequent waves.

  233. darleneon 17 Apr 2013 at 12:29 pm

    Just got off the phone with a rep at Rust. 90% of the checks will be sent by the end of April. All Chase checks. Goldman Sachs and another comprise the other 10% and may not arrive until July.

    I asked about how to find out about the other 5.7 billion dollars that were a part of this settlement and she said the dept of housing and urban development…888-895-4673 are handling this..I asked specifically if homeowners who are still fighting to keep their homes and were a part of this settlement are eligible and she said yes. 5.7 billion is a lot of money and should be helping a lot of people.. i’m going to do a little snooping and see what I find out Has anyone heard of this before? This govt dept helping with this settlement?

  234. Jillon 17 Apr 2013 at 12:29 pm

    We are not holding our breath where Chase is concerned. Our nightmare began with us getting behind on our mortgage. We filed for Chp 13 & what we were behind on was in the plan which we paid off BUT then we got behind again(long story helping daughter w/ 4 small children-father in prison) which has drained us financially. They started sending us accelerated letters if a certain amount was paid by a certain date nothing would happen which we did but in the meantime they asked the bankruptcy court to lift the automatic stay which the bankruptcy court did. They then started foreclosure procedures. Never once offered any other assistance. I mentioned the modification but they said if the modification didn’t go through the would proceed with foreclosure, so we requested for them to forward a letter which stated how much we needed to reinstate which we received & borrowed the money from our 401k. While we were waiting on the letter, we received a letter from their lawyers stating it was $10,000 plus instead of what Chase’s letter stated $7,363 after we had already gotten the check from our 401k. They sent the certified check back because they said we had to go into a payment plan. We gave them $7,363 down payment & 4 more payments equally that over a 4 month period. Nervous everyday that they will come up with something else.

  235. Calvinon 17 Apr 2013 at 12:35 pm

    I am in Oklahoma and i haven’t received a check yet. I am with PNC, and they say my check won’t be mailed out until August. And thats way passed the 4-8 weeks they said that all checks would be mailed out. A real pain in the a@@ when you can’t really get a straight answer from them, and they answer your questions reading from a script.

  236. darleneon 17 Apr 2013 at 12:36 pm

    strike the last message about calling hud waste of time

    I do think the other half should be held to account as well…where, how? who the hell is monitoring that? no one is a good guess

  237. Margoton 17 Apr 2013 at 12:39 pm

    I don’t think the next wave of payments will be larger, there are more than 3 million people expected to receive less than 6000, and there were sent only 1.4 million or less. I am under the category of the 300’s and I haven’t received my check yet

  238. Heidion 17 Apr 2013 at 12:39 pm

    @Darlene did they mention saxon at all? I called today an got nothing out of them ughhh

  239. Cindyon 17 Apr 2013 at 12:42 pm

    Has anyone received their check whose mortgage is with Bank of America? I have not, and I have a B on my postcard.

  240. darleneon 17 Apr 2013 at 12:51 pm


    I heard Goldman Sachs and another name but I’m sorry, I forget…the question I asked was
    whether my payment had been sent out, we discussed the postcard which says 4 to 8 weeks ..she said 90% of the money will go out by end of april, that over one million have been sent out already, that there is no order, not by payment amount or servicer or last name, she then said all but goldman sachs and ??? have completed the review …in my case, reviews have been completed. .checks have not gone out yet..

  241. Mariaon 17 Apr 2013 at 12:59 pm

    @ Cindy – got mine (800.00) n I was with BOA…

  242. Cindyon 17 Apr 2013 at 1:02 pm

    Thanks Maria. There is no rhyme or reason to how these checks were sent out. When I called today, I was told mine has not been processed and that all checks would be mailed by August. I just don’t get it.

  243. Niane Ulmeron 17 Apr 2013 at 1:09 pm

    My story, have not received check, I live in California, I did fill out the IFR and received my post card on March 22, which has a A on it, my bank was Aurora. My last name starts with a U. My story is alittle different, Aurora started foreclosure on Feb 14, 2009 and did not have any contact with me nor my attorney for a loan modification or about the foreclosure proceedings. In April, 2 months later, they had secretly sold my house to their Real Estate agent who was working for them. I was still owned my house when they sold it, it never went to county auction and I did not receive any notice to vacate the property, and I should have had 3 months before the foreclosure proceeding started. I just came home from work one day and the house locks were changed and did not get my personal belongings or my childrens belonging out of the house.
    My family was calling the real estate agent and she was telling them the house already was sold, so it was not available. I had to file bankruptcy chapter 7.
    I don’t care about how much money I received from Rust consultants, I just want my home back, which is never going to happen, it was stolen from me when I was not in default.
    I will update when I received my check, according to OCC, I fall into 2 different category’s.

  244. KahunaKevon 17 Apr 2013 at 1:12 pm


    This is another website of a lot of angry folks just like us. Stay connected–keep the faith. There is strength in numbers and in Class Action united! Kevin

  245. Tonyon 17 Apr 2013 at 1:14 pm

    Told by PNC this afternoon I was in “third wave” of payments. I wonder how this schedule was determined. Not intending at all to sound unsympathetic to anyone, but you would think they could have actually reviewed and remunerated the nearly 450k that actually took time two years ago to complete paperwork and request a review first. I’m hoping this means the larger checks are being mailed in the last”waves” because they sure owe me one.

  246. darleneon 17 Apr 2013 at 1:20 pm

    I can find nothing on the 5.7 billion part of the settlement ..I’m a pretty good researcher and googler..I cannot find who is monitoring, how it is being distributed. .nothing…no monitoring, no figures of actual distributions or write offs or when. There are lots of charts which show each banks cash and modification/short sale responsibility under this settlement but I see nothing anywhere which shows who is monitoring that. That’s more than one half of this settlement ..they’re thinking we’ll just forget.
    Next big red flag bank fraud on its way to us via this part of the settlement..I bet.
    If anyone reading this has received any write off/ modifications from their servicer via the IFR program, please chime in.

  247. Mark A.on 17 Apr 2013 at 1:30 pm



    ENOUGH IS ENOUGH !!!!!!!


  248. AnnaBon 17 Apr 2013 at 1:31 pm

    Has anyone receive a check who had their mortgage with bank of America?

  249. Brookeon 17 Apr 2013 at 1:34 pm

    $300 club. Wilshire Credit but was sold to Bank of America while I was going through bankruptcy. Property was in Florida.

    Laid off the Friday after the 2008 election by employers who were apparently trying to anticipate a crash therefore laying off many employees three days after election.

    Was told I’d have to default on mortgage for at least three months before they were able to consider a modification. I filled out paperwork twice. They began the foreclosure January 12, 2009. Coming to my residence at all times of the day banging on my door like a SWAT team. Do you know how scary that was for a single, 27yrold female???

    No one was giving me answers or help and so I had to move out of state to follow a job my husband (who I also married 11/2008) got so we could survive.

    I had to subsequently file for bankruptcy, which I had to drag him into, as to avoid a judgment. I later found out the mortgage broker who brokered my loan is in federal prison for fraud. FRAUD! So, that should say enough right there.

    Finally, 4 years later we are seeing a little light but four years of my life are essentially gone. So, thanks, OCC. This $300 didn’t even cover my eye doctor bill from today.

  250. KahunaKevon 17 Apr 2013 at 1:35 pm

    @AnnaB–on the other site I posted I have seen some B.O.A’s that have gotten checks up to $800. I haven’t seen anything here or there on any checks from CHASE however. Kevin

  251. AnnaBon 17 Apr 2013 at 1:40 pm

    Thanks KahunaKev.

  252. Deanon 17 Apr 2013 at 1:41 pm

    The payment chart is worthless if your loan is not REVIEWED, but I don,t understand how people who did not ask for a review ended up with a determination of error. What was that basis? This all seems so random to me, no clarity and no way to get clarity. Non Reviewable because they CAN’T ANSWER YOUR QUESTIONS!!! simple as that.

  253. Davidon 17 Apr 2013 at 1:46 pm


    I just got off the phone with the IFR (888-952-9105). They transferred me to the Wells Fargo Review Team, which is the bank that foreclosed on me. They read a script that says “my request for review was thrown out the window.” This is a direct quote from the person on the phone.

    In addition, payment categorizing is being done automatically by an independent consultant. In other words, requesting for review was just a waste of time. This explains why so many people are confused about how they were categorized. The banks have a heavy hand in the review process. This is like asking the thief how much they stole from you.

    Out of curiosity, I crunched the official numbers and found some discrepancies. Perhaps this will help with future litigation.

    IFR website claims 4.2 million borrowers to receive payments, yet the payment agreement PDF only lists 3,949,896. What happen to the other 250,104 borrowers?

    IFR website claims 3.6 billion in direct payments, yet the payment agreement only amounts to $3,409,803,550. What happen to the other $190,916,450?

  254. Donnaon 17 Apr 2013 at 1:54 pm

    I was with Aurora and there is an A on the front of my postcard.

  255. Niane Ulmeron 17 Apr 2013 at 1:59 pm

    I just wanted to update you on some information. My sister who is with BofA and did not go thru a foreclosure, still has her house, which she has been going thru a loan modification with them since 2009 just received a check from Rust consultants for $300 and she did not fill out the IFR form nor did she get the post card notification. She is lives in Ca.
    BofA now just contacted her, that her loan modification is going to be based on the fair market value of homes in her neighborhood at this time, so they are reducing her principal from $239,000 to $89,000, even through Im happy for her, Im still pissed that Aurora stole my home and haven’t received any compensation for my damages I went through.

  256. Niane Ulmeron 17 Apr 2013 at 2:05 pm

    UPDATE: My sister check came with a letter saying this $300 check is for BofA mishandling of credit information but nothing about fixing her credit report

  257. Donnaon 17 Apr 2013 at 2:06 pm

    I’m glad for your sister. Aurora messed us up too. My husband and I keep saying if only they would have modified our loan and extended the terms we would have been okay and the bank would have gotten paid too. Too little too late.

  258. Mariaon 17 Apr 2013 at 2:08 pm

    @ David – wow – I wished you have that recorded… amazing isn’t…. we really need to stand up for this… it makes me sick reading Niane Ulmer post above… at least I got a 3 day notice to vacate my home – but that does not make me feel better knowing that most of us here has different unique story but one goal only – to get a little break on our monthly payments to survive and continue owning the American Dream… I hope someone cares enough to just read our post and just give us some of their thoughts… I wonder how can we send these to the White House – or somewhere… I sent it to my congressman but I understand it takes some time to get even noticed… big hugs to everyone… I can’t stop crying every time there is a new post here…. it always brings me back to that dreaded day of 3/17/2011 when I saw that 3 day notice to vacate note telling me that my house was sold in an auction 3/14/2011….

  259. Mariaon 17 Apr 2013 at 2:16 pm

    another wow Niane…. happy for your sister also – so this got me thinking – with the pressure now – folks that are living in their home for years and years now without paying their mortgage and is dead serious not caring if they will be foreclosed or not will get a better break than us that have been paying – was asked to missed few months to qualify for a loan mod then got foreclosed???????????????????????????????????? oh my…. i think i am going to be sick in my tummy now folks…..

  260. Sonyaon 17 Apr 2013 at 2:23 pm

    I was with Aurora and my postcard had an A on the front..

  261. KahunaKevon 17 Apr 2013 at 2:38 pm


    This is a separate class action that I am a claimant on regarding robo calling from Wells Fargo for a vehicle loan I had–maybe they might be interested in the class action idea? Thanks, Kevin

  262. Chrison 17 Apr 2013 at 3:31 pm

    Not sure if this helps and I certainly don’t want to give people the run around. I’m certainly tied of it myself. I called the my bank, who directed me to OCC, who directed me to the Federal Reserve and they told me if I wasn’t happy with the check amount to file a complaint. She did say the payment I received was final but I could filed a complaint online at https://www.federalreserveconsumerhelp.gov. I told them I wanted and deserved to understand how they determined the category I was placed in. In my opinion I am due more. Below is the response I got after filling out the online complaint form. Good luck to all. I just don’t know what to do at this point. I’m tired of no one directly answering my questions at Rust and the OCC. I’m mentally exhausted.

    Consumer Complaint Confirmation

    Thank you for contacting Federal Reserve Consumer Help. This message confirms that you have successfully submitted your complaint with the Federal Reserve System. Your complaint was submitted on April 17, 2013 at 5:00 PM.

    We will determine the appropriate federal regulator to address your complaint and forward your complaint to that regulator for investigation. Within 15 business days, we will send you a written acknowledgement that will tell you the federal regulator to which your complaint was sent and contact information for that regulator. If the Federal Reserve will investigate your complaint, you should receive a response from the Reserve Bank handling your complaint within 60 days after the Reserve Bank’s receives your complaint.

    More information on the Federal Reserve’s consumer complaint process is located on our website.

  263. lakeon 17 Apr 2013 at 3:32 pm

    My serviced is/was BOA and I’m in New Mexico. Didn’t receive check yet and according to Rust (BOA reps) they can only tell me that we will receive something by mid August. She read me something about the criteria for payments and that only stated that payments timing is not determined by alphabet or institution. Weird that folks are getting different answers. She said to call weekly to determine if check has been sent. Hope this helps.

  264. Tonyaon 17 Apr 2013 at 3:35 pm

    Just received a check today for $31,250! I was a borrower protected by federal bankruptcy. My mortgage was with Wells Fargo and I live in Ohio. I am surprised I received this amount considering I thought I would get only $300 like most people.
    I am concerned by the comments that some people cannot cash their checks. Well, I am going to deposit it tomorrow and see what happens.

  265. darleneon 17 Apr 2013 at 3:36 pm

    your questions are valid. What’s a little discrepancy of 195 million dollars. The world now has a chance to see the way the banks do math, something all of us are far too familiar with. They’re out of control with the stuff they pull and at this point, who is going to stop them? One third of the settlement is actually going out in payment to victims.. One quarter went to the consultants for their failed review. And the rest? Who knows.

  266. darleneon 17 Apr 2013 at 3:39 pm

    good for you Tonya ..everyone in the settlement should be receiving that amt at the very least

  267. Tonistlon 17 Apr 2013 at 3:40 pm

    I’m happy for you Tonya:-)

  268. Shannon Von 17 Apr 2013 at 3:48 pm

    This entire situation is so sad and sounds like we all have went thru the same nightmare. We lost our home in 2010 and we sent the same paperwork probably 15-20 times over the course of 2 years. They always had the same excuses. We didn’t receive page 4 or we didn’t receive another page. We spent so much time and money on faxing and overnighting paperwork. We would see our house in the paper under the Master Comissioner Sales and they would cancel it a few days before the sale. We would then get a lettering the mail stating that it was going to cost us $1500 for the canceling of the sale. This happened at least 5 times if not more. We tried the modification and were approved and then after making the trial payments they made us start the entire process all over again!!! I called the Attorney General and anyone else who would listen, little did I know that Chase was doing this to everyone!!! I cried every night over the thought of losing out home because the company my husband worked for over 10 years moved to another country!! How sad is this???!!! We finally just gave up and moved to a rental house. We left some stuff in the house since they kept canceling the sale and went back to get it a few weeks later and it was gone and they cleared the house and changed the locks. They say we abandoned it but we have spoke with them and they said we could get our stuff….sorry it was gone. Someone please help us get justice. By the way we live in Elizabethtown Ky and our mortgage was with Chase.

  269. MMon 17 Apr 2013 at 4:48 pm

    If anyone wants to check with their banks personally on trying to erase the derogatory information on their credit reports, you will need to file a complaint with the federal reserve. Tell the FR that in the original settlement they were going to erase the errors from our credit reports. Now in the revised settlement there is no mention of it. Please file a complaint with the FR. about this ASAP.

  270. Holly Mnon 17 Apr 2013 at 4:51 pm

    Im not even going to try to guess how much I will receive. Havent gotten a check yet. Forclosed on by WF. Called and called and they wouldnt take anything but was owed. I was forclosed on FAST. Under a year. Heartbroken

  271. Gerardoon 17 Apr 2013 at 5:10 pm


  272. Gerardoon 17 Apr 2013 at 5:11 pm




    Go to:


  273. Brenda CAon 17 Apr 2013 at 5:45 pm

    # Jessica Silver-Greenberg
    just emailed you.

  274. Alexison 17 Apr 2013 at 6:31 pm

    Hi everyone,

    I’m the author of the Nation piece linked to in this post. If you have a twitter account, it is worth tweeting at the OCC who orchestrated this settlement and let them know how you feel. @USOCC (http://twitter.com/USOCC).

  275. Oregonon 17 Apr 2013 at 6:35 pm

    Okay, I’m trying to see if there is some coding structure embedded in the post card. This question is to those who received their check already. What is the numerical code following the letter of your bank (below the second bar code). For example:

    My bank is Wells Fargo. Code: 100W0223125-

    Thanks, all! Let’s figure this out…

  276. Davidon 17 Apr 2013 at 6:59 pm

    If anyone is interested how deep the rabbit hole goes. There is a youtube video posted 4/16/13, showing the outrage.


    FAIR WARNING, seeing how bad it really is will frustrate many of you.

  277. Gwenon 17 Apr 2013 at 7:11 pm

    I received my check for $800. I was with BOA, I fell into the $61,500 catagory. I tried to cash my check at Walmart, they ran it through there system and it was rejected. Can anyone who was able to cash their check through some place other than own bank, say where you were able to cash your check please. This whole process is very disapointing and frustrating.

    Good Luck everyone!

  278. Joshua Thomason 17 Apr 2013 at 7:36 pm

    So Tonya lets see a pic of that fat stub of yours 😀 you can of course edit out the name and address, just want to see RUST cons, and amount 😀 would give us all hope!

  279. Jaimeon 17 Apr 2013 at 7:53 pm

    I’m in the same boat as all of you and think this is total B.S
    Yet, I would like to qlarify that the discrepancy in total payout amount, is mostly due to Goldman Sachs and Morgan Stanley being separate from the other 11 lenders. Hence the reason behind GS and MS not being included in the payout scale, and do not have payout date yet.

  280. Andrewon 17 Apr 2013 at 7:59 pm


    Could you share your story?

  281. christinaon 17 Apr 2013 at 8:01 pm

    Congrats to Tonya dats wat up!!!!! Continue to pray for us
    …being patience for our share Il-BOA

  282. Kristyon 17 Apr 2013 at 8:08 pm

    @ Tigers Den

    Willing to represent for Michigan if you need support here in the Great Lakes State!

    We’re a military family with 2 decades of honorable service and were foreclosed on by Chase while under the protection of SCRA following a combat zone deployment. We were denied all SCRA benefits by Chase during the deployment and they proceeded to complete the sale of our home at a sheriffs sale in 2010. In the year following the sale, they admitted their error in writing and retroactively approved SCRA protection…yet never gave the house back to us!

    We fall into Category 1 – Completed

    I’m sure they’ve robosigned enough documents in our case through this review to come out smelling like a rose…just more of the same fraud & abuse.

    So we’ve not received a check yet. Rust confirmed we weren’t in first wave. Just like so many of you that’s all I know at this point. We shall see into what category they hand place us in their continued cover up.

  283. Victor Sheltonon 17 Apr 2013 at 8:18 pm

    Did any of the checks arrive certified or registered?

  284. Oregonon 17 Apr 2013 at 8:22 pm

    Here is my thinking about this code (keep in mind that I could possibly be going “Beautiful Mind” on this). I know that my check is not in the first batch and is with WF.

    My Code: 100W0223125-0####

    I wonder if it could mean:
    100W (Wells Fargo) 022 (second batch) 3125-0 ($31,250…isn’t it odd that this number perfectly matches the payout I should get?)

    Since I appear to fit in the BK “bucket”, this would make sense. If anyone who received their check could share their barcode info (just the first part, it could prove helpful for us who are waiting. Thanks in advance!!!

  285. Kristyon 17 Apr 2013 at 8:50 pm


    Did you apply for review or not? And if so, did you use their website to submit your claim form? I think I’m making sense of the code but need another person to test it.

    I’m looking specifically at your 0223 portion…mine is 0424 and those numbers were nagging at me so I thought to check my email for the copy of my online review for request form that i submitted…and don’t you know it was 4/24/12!

  286. Oregonon 17 Apr 2013 at 8:55 pm


    No, I didn’t. Interesting…

  287. Kristyon 17 Apr 2013 at 9:05 pm


    Ok…well maybe 0223 is their default no request code? I’ll be curious to see what others have to add. But just as you implied the mind does plays tricks and my revelation could certainly be total coincidence 😉

  288. Randyon 17 Apr 2013 at 9:38 pm

    I think the T stands for SunTrust
    That is all I can determine.
    Modification Requested
    Filed Chpt 13 to avoid foreclosure
    Received denial of modification after BR hearing.
    Requested a review due to the numerous times paperwork was sent and never received.
    Think I fit into the category to receive $2,000
    Lucyk though, I still have my home. Any amount will do.

  289. wayneon 17 Apr 2013 at 10:06 pm

    unless i get the full value of the home that wells fargo stole from me, i will be suing. my credit was destroyed, i spent all my savings trying to save my home and still those pricks foreclosed. they dragged the modification process for two years only to tell me NO!! we need a class action against the thieves and their cohorts that got most of the money, the lawyers and so called accountants.

  290. Bsmomon 17 Apr 2013 at 10:08 pm

    @ Oregon, I have been going over and over my code trying to crack it! I’m thinking it has something to do with the number somewhere in the middle as to the category. Like the 9 being 6,000 or 10 being 800.00. Any thoughts anyone? Someone that has got there check please look at your code and see if any of this makes sense!

  291. Mariaon 17 Apr 2013 at 10:33 pm

    @ Tonya – good for you – did you submit an application for review? if you did – then you should have gotten the 62500 and not the 31250 according to the chart (I shared the link yesterday)….

  292. Jawoodson 17 Apr 2013 at 10:40 pm

    We fall into Category 6 (Servicer failed to convert borrower to permanent modification after 3 successful payments under a written trial period plan). Our servicer was Bank of America. We were fortunate that Bank of America modified our loan however, it took B of A 10 months to finalize our loan modification. After 2 years of our modification, Bank of America sold our loan to Nationstar a servicer base in Texas. We were thankful and greatful to God that He helped us retain our home.
    We are expecting $50k and as I speak, we have not receive our check.

  293. Jawoodson 17 Apr 2013 at 11:02 pm

    Also, we received a letter by FedEx in October 2012 and the letter stated that our 2nd loan with B of A was being forgiven which was $13,736.00. We were stunned!! We could not really believe it!! All we could think of was it was through God’s Grace. He truly is Amazing!!
    I am sorry for the families who lost their precious homes. From the bottom of my heart I truly feel your pain because at first when we asked help from my servicer they turned us down for loan mod and we did not know what to do and we did not know who to ask help from. I remember going to US Home Bailout for loan mod but they wanted $4000.00 but we were ripped off by them. We paid US Home Bailout but never did their job. This company was only interested in our money. They lied to us and they were nothing but scammers/con artist. I do not know how many poor people they ripped off. They were HEARTLESS!!!!

  294. Nancy Brownon 18 Apr 2013 at 12:06 am

    Here is the NY Times article: http://dealbook.nytimes.com/2013/04/17/victims-of-foreclosure-abuses-face-another-woe-bounced-checks/?hpw

  295. Nancy Brownon 18 Apr 2013 at 12:14 am

    @ Jessica Silver-Greenberg – Excellent article that you published in the NY Times ! Thanks! http://dealbook.nytimes.com/2013/04/17/victims-of-foreclosure-abuses-face-another-woe-bounced-checks/?hpw

  296. nadiaon 18 Apr 2013 at 1:07 am

    Does anyone has homecomings financial? Im not sure if this bank was in the IFR.

  297. Niane Ulmeron 18 Apr 2013 at 1:35 am

    Ok I haven’t got my check yet, but I did check my post card number, I can’t make any sense out of it. Im falling into 2 category’s, one of them is bankruptcy and Aurora did not offer loan modification and proceed with the foreclosure, when I was not in default, but my question is what happens when you have a second mortgage? My 2nd mortgage was with GMAC which I also filed BK against? I don’t remember when I fill out the questioner for the IFR but I was sent the application in the mail and hand filled it out and sent it back before the December deadline and my foreclosure date was in Febuary 2009
    This is my code number above my name on the post card:

  298. nadiaon 18 Apr 2013 at 2:10 am

    Can someone tell me why in the IFR web site shows 27 mortgage servicers included in the agreement, but in this page says 13 mortgage servicers …I dont understand … can someone tell me the difference.

  299. Cassidyon 18 Apr 2013 at 3:53 am

    our code:
    100 J0317948-0207-501-00
    With JPMChase, so, thats the J. Gotta be. If IF 031 means third wave, uh, well our payout would a really weird number. It’s gotta be code. Everybody keep posting. We are smart, we’ll get this!
    Will post if we recieve money.

  300. PBon 18 Apr 2013 at 4:20 am

    Did anyone request a review last year but get denied because they did not qualify? And then receive a postcard in March saying they were going to receive a payment?
    Just wondering b/c I received a denial letter after I requested a review. I March I received a postcard stating that I was eligible for a payment and will be receiving one

  301. Holly Mnon 18 Apr 2013 at 4:53 am

    Mine is is 100W0374639-0292-744-00. I havent receivrd a check yet. I called Rust yesterday, only to be hung up on. Customer service skills at their finest. I give up! :p

  302. Ricchardon 18 Apr 2013 at 5:00 am

    Live in Florida, got $2000, well short of what we should have received. Everyone needs to understand that the BANKS are providing Rust with the amounts to be paid! The feds say the banks have no reason to dilute what is due because the fine they pay will not change. What about the obvious? They DO NOT want to concede culpability….that and what happens with the 2+billion that they are not paying out? It’s going somewhere, obviously not HERE.

  303. Tiredofthisprocesson 18 Apr 2013 at 5:15 am

    Forceclosed in Nebraska. Living now in Central Fl. Requested a review was told I was not in the 1st wave. Wells Fargo Lender. 100W0519293-0302-060-02. Was in active Chapter13 mortgage included.

  304. Tiredofthisprocesson 18 Apr 2013 at 5:24 am

    Xxxxxxxxxxx-xxxx-xxx-00= in process
    Xxxxxxxxxxx-xxxx-xxx-01= rescinded
    Xxxxxxxxxxx-xxxx-xxx-02= completed

    Just a guess based on comments.

  305. Adriannaon 18 Apr 2013 at 5:26 am

    Live in GA, short sold with Suntrust, ( I haven’t seen many customers of suntrust here???) reported as FORECLOSURE in all credit bureaus (yes, short sales qualify too for the review)

    1.- I submitted request BUT never received an email back with confirmation?????????

    2- I DID receive postcard with letter J in front and code is CU0024568-100T0024572

    3- As Laura said above there’s some info in Wikipedia, and in some parts says that CREDIT REPORTS WILL BE CORRECTED

    4- I have NOT received any check yet.

    5- I was told many times I needed to stop payments in order to qualify for a loan modification, i was denied the modification, I asked suntrust to let me buy the house again for the amount they short sold it for, I was denied…finally lost almost 100k….. And credit ruined for a while.
    I want my credit corrected too in addition of the compensation!!!!!!

  306. Adriannaon 18 Apr 2013 at 5:28 am

    Sorry it is letter T at the front of post card.

  307. Tonyaon 18 Apr 2013 at 5:29 am

    The check format is as such:
    The left side of the check roughly says:
    Fund 1 Independent Foreclosure Review Payment
    Loan Servicer: Wells Fargo
    (Up under this is the p.o Box and state/zip code.)

    The right side says: The Huntington National Bank
    Westerville, Ohio 43081
    (With the check number)
    It says void after ninety(90) days.

    It is signed by Paul (cannot read the last name)
    I am heading to the bank in 40 minutes to see if this is legitimate or if the bank has gotten over on me again.

    In a news story dated 4/17/2013:
    The Federal Reserve admitted that some checks were bouncing because Rust Consulting did not shore up their account. In a statement, the Federal Reserve assured the public that “Rust subsequently corrected problems,” adding that the Fed would “continue to monitor the payments closely.
    Now, regulators say the problems are resolved, and are urging homeowners to try again.

  308. Adriannaon 18 Apr 2013 at 5:30 am

    Looks like all the codes posted before mine start with 100…..
    As I said my starts with letters CU00 etc …..interesting….

  309. Rufinoon 18 Apr 2013 at 6:01 am


    Not sure but live in Florida Services by Litton was in Bankruptcy……

  310. Tonistlon 18 Apr 2013 at 6:01 am

    @Tonya–what did the code on your postcard look like? And of course hope and pray that all goes well at the bank. I have Wells too.

  311. Angelaon 18 Apr 2013 at 6:18 am

    Happy For you Tonya!

  312. Moseson 18 Apr 2013 at 6:22 am

    Darlene, I also have the same question. Who is handling the rest of the settlement? I have also research it and found nothing about how is going to be distributed. If anyone has any updates on this please post.

  313. Mariaon 18 Apr 2013 at 6:24 am

    @ Tiredofthisprocess – mine ends with a 03 – so where that landed – if my friend who literally did not pay their mortgage for almost 3 + years now and still enjoying the luxury of living in their home via BOA, filed bankruptcy, not sure if they requested review will get more than my 800 buck – I will die…. :(

  314. Jillon 18 Apr 2013 at 6:39 am

    Does anyone know if the checks come first class or signature required? We are just interested in how they are mailed

  315. AngryConsultanton 18 Apr 2013 at 6:53 am

    I was a consultant on this project and contrary to what all of these articles are reporting, we did not get paid hundreds of dollars per hour. The average was $20-$40/hr max. We were victims too. They required us to work in excess of 50 hrs/week and did not even get paid for overtime. We had no say in the questionnaire or how the review was conducted. Nevertheless, we were finding harm against the borrowers in many of the loans and reporting the findings. It came as a shock to us when the whole project was scrapped. We were literally told to pack up and leave the day that the settlement was announced. It must have been planned months in advance. All of our hard work went down the drain. I am so disgusted by this industry. Many of us are still out of work. If anybody got rich, it damn sure wasn’t the consultants. I’m sure Promontory Financial Group made out very well. The media has dragged our names through the mud and have thrown us under the bus.

  316. Beatriz Ibarraon 18 Apr 2013 at 6:57 am

    No check yet!! My post card says
    Any ideas? My server was jp Morgan

  317. Holly Mnon 18 Apr 2013 at 7:06 am

    @angryconsultant ….I am sorry you were thrown under the bus. I am guessing people on here are wondering exactly how the payments are determined. Do you have any insight? It seems to me people were following under catergories. In the end people were getting far less than they thought. It is confusing.

  318. Ginnyon 18 Apr 2013 at 7:09 am

    Anyone with BOA. I have not seen check yet – told I am in second “wave”.

    My story: applied for modifications and denied, finally got to a point where I filed Chapter 13, but in the meantime was able to short sale (I mainly did this to avoid embarassment of foreclosure). So I really did the bank a favor and sold the house for them.

    Anyone see a check who situation is similar to mine??

  319. Cindyon 18 Apr 2013 at 7:24 am

    #Ginny, I too am with BOA. I have not received my check. I called Rust yesterday and was told I would receive by August. I was not told what wave I will be in. If I don’t have a check by May 17, then I will call back because the post card said 4-8 weeks. I was one of the lucky ones, I did receive a loan mod. But what I went thru was hell. All because BOA Associate A wasn’t talking with BOA Associate B and they did not do due diligence like they were suppose to do. I was told in April of 2010 that I was approved for a trial mod, I sent in first payment as they requested via Western Union, only for my payment to be denied because I was not approved. I then was served papers that my house was going in to foreclosure. I had already spent $3250 with an attorney to assist with loan mod. In August 2010, they closed their doors, and I was out the $3250. I then had to spend another $1500 to quickly get an attorney to stop the foreclosure process. It was not stopped, but postponed until December because I was in the process of a getting a loan mod. Two days after the court postponed my foreclosure, I got a letter from BOA saying I was approved for loan mod. So, I was lucky. But after reading what everyone is going thru and how their paperwork was messed up, I’m going back to read all my loan mod paperwork to ensure it’s not a loan mod that expires.

  320. Chinaon 18 Apr 2013 at 7:26 am

    Rufino I live in Texas mine starts with 100G also and my services were with Litton also,The G stands for goldman Sachs

  321. Nancy Brownon 18 Apr 2013 at 7:30 am

    Very sweet. The NY Times reporter, Jessica, sent me a sweet email to thank me for providing her with info about my situation. Here is the link to the article again: http://dealbook.nytimes.com/2013/04/17/victims-of-foreclosure-abuses-face-another-woe-bounced-checks/?hpw

  322. Cindyon 18 Apr 2013 at 7:36 am

    #Nancy, thanks so much for doing this and reaching out to Jessica with your story. I’m sure we would all like to send our story to Jessica, but she would be bombarded.

  323. Rufinoon 18 Apr 2013 at 7:38 am

    Ghana you China so dotes that Mena Litton sold ¿

  324. AngryConsultanton 18 Apr 2013 at 7:40 am

    @Holly MN… I have no idea how they determined the payout amounts. Keep in mind that we were kicked out and had no input as to the payouts. I’m assuming the banks were left to make that determination. What I don’t understand is how they were able to go through 4 million loans to come up with the figures in less than 2 months. Quite frankly, the main complaint from borrowers was that they applied for a modification and submitted their paperwork repeatedly only to have it lost. I can tell you that the reviews were not really set up to address this issue. If you got foreclosed on while in active bankruptcy or you were active military, you might get some justice. But the vast majority of people who also got screwed will not be fairly compensated. It is what it is. You can’t win against the banksters. It is back to business as usual for these guys.

    And FYI: before you all get excited about real estate prices bouncing back, the market is being manipulated. Private investors have poured billions to buy up properties. In most major cities that were hard hit with foreclosures, there is little inventory on the market. The investors are now your landlord! And they plan on securitizing the rental income and trading it on Wall St . Sounds like another scheme ready to blow up the real estate market yet again. Stay tuned. Pay attention!

  325. Jillon 18 Apr 2013 at 7:42 am

    @Adrianna ours starts with RN0J0037433-

  326. Cristinaon 18 Apr 2013 at 7:48 am

    @ #DAVID the other $190,000.000 is for Goldman Sachs and Morgan Stanley borrowers and they havent reached a payment schedule yet,. There are 220,000 borrowers with them.

  327. Kim Bernardinion 18 Apr 2013 at 7:50 am

    I am from Illinois, i got my check yesturday. $600.00- SUCKS!! Didn’t even cover legal fees we had to put out when they tried to forclose on us. I have tried to get a copy of the results of the review and no one knows where they are!!!

  328. KSVHon 18 Apr 2013 at 8:05 am

    Re: your bankruptcy. Were you foreclosed on during the BK procedure?

    I filed BK and during that time the foreclosure was halted. However, soon after I was discharged, the foreclosure started again.

    I received $6,000.

  329. KSVHon 18 Apr 2013 at 8:08 am

    I was with BoA, applied for a loan mod and was denied.

    I did submit the IFReview paperwork.

    I rec’d a check for $6,000.

  330. TAJRon 18 Apr 2013 at 8:12 am

    Tonya and Ginny,
    Can you tell us the code on your post cards to maybe help others decipher what categories we may be in? For instance, my code is 100J0739124-0244-483-00.

  331. TAJRon 18 Apr 2013 at 8:13 am

    Sorry, I meant Ginny and KSVH!

  332. Nancy Brownon 18 Apr 2013 at 8:16 am

    #Cindy – Thank you. I am very very sad because I have not received my check yet, but when I do I won’t be able to cash it. Have no idea how to contact my ex who is a co-borrower and without him at the bank I will not be able to cash my check, no matter how little or how large. Rust Consulting stated I have 90 days to cash the check and if I don’t I lose the money. This is why I am feeling I will probably get a large check. Would be my luck, right?

  333. KSVHon 18 Apr 2013 at 8:17 am

    Nancy, read the article.

    There are some real jerks making comments about what losers we are and how we deserved our situations.

    Check our the comment from “B.D. in Topeka, KS.”

  334. Donnaon 18 Apr 2013 at 8:17 am

    Re: the number under the bar code directly above your name. When I phoned Rust after receiving my card in the mail, the number they requested from me was the teeny-tiny number directly under the bar code that is to the right of the “A” or whatever letter that designates which lender you had. I wonder if that code has any significance as to the category we fall under?

  335. Donnaon 18 Apr 2013 at 8:27 am

    @KSVH I learned not to read the replies on articles as these. Lots of cruel people out there who think we bought more than we could afford, are freeloading off the banks, blah blah blah. We know the truth. We hit hard times and needed relief that was offered and then not given. We chose to keep the houses and do what needed to be done but the banks didn’t do their part to make that happen and then illegally foreclosed on families. Do yourself a favor and don’t read the replies, it will only get you upset.

  336. darleneon 18 Apr 2013 at 8:32 am

    THE BANKS HANDLED THIS EXACTLY AS THEY HANDLED HELPING WITH LOAN MODS. This is how they roll. At least people other than the victims can see how they’ve treated us. It was a nightmare of epic proportions. People leaving notes on the door of my sacred personal home in the middle of the night and such complete disrespect at every turn. The banks were unprepared for this fiasco they forced upon us and had no system in place so they just said, lost paperwork. I had 4 loans in loan mod process with chase at the same time. They would not count the rental income on my primary residence additional cottage in the back because it was my primary residence. I said there are two houses on the property, I cant live in them both at the same time. They still don’t have a system in place for anyone with more than one property. They caused it, they mismanaged it, and still are, and took our homes , equity and peace of mind as well as destroying the entire middle class in the process.

  337. Donnaon 18 Apr 2013 at 8:33 am

    the teeny code number on my card starts and ends like this

    0700*****9 – UPPN

    I fall into the 9th category of mod denied.

  338. Nancy Brownon 18 Apr 2013 at 8:36 am

    #KSVH I don’t waste time reading comments from people who have no idea what we have gone through. If the banks did not break the law then this settlement would not be in existence. The banks screwed millions of borrowers and we lost our homes, but they continue to do this every day. Very sad situation for all.

  339. MMon 18 Apr 2013 at 8:36 am

    I live in Georgia, and my code, which the rep. at WF said has nothing to do with your check, is 100W0640937-0312-417-02, maybe the 02 means 2nd wave. I personally don’t think that the code means anything but I could be wrong. I’m going to call back to see what kind of info. I will get today. I haven’t received a check either. I sent in my info. to the IFR.

  340. Donnaon 18 Apr 2013 at 8:37 am

    Yes they did Darlene! They ruined our dreams and our hopes for our future and our children’s future. But we can rebuild that. It takes time but it can be done and, hopefully, we’ll live long enough.

  341. Donnaon 18 Apr 2013 at 8:38 am

    @MM I doubt that because mine ends in 01 and I didn’t get a check this week.

  342. darleneon 18 Apr 2013 at 8:43 am

    Angry consultant
    Thanks for sharing your experience. I found it interesting that there was not even a category or sub category for lost paperwork since that was a huge part of their strategy. No way to prove you sent it. Even if you called and asked if they received it and were told yes, you could still be denied for that missing paperwork which they affirmed but then denied.

    Do you know anything about the other half of this settlement? Was it a part of your job to make recommendations for the applications you reviewed for that part of the program as well?

  343. Tonyaon 18 Apr 2013 at 8:48 am

    Well, I am shocked, I went to the bank and was told the check was good!

    As far as the code on the front of my postcard, I honestly don’t know if they mean anything because at the very end of my postcard is–00.

    Some people are speculating that two zeroes mean you are getting the lowest amount, but clearly that wasn’t the case with me.

    But maybe because I was in the bankruptcy category it is a different process for determining the amounts and the code means nothing.

    All I know is that I will NEVER do business with Wells Fargo EVER again!

    Good Luck Everyone! I wish everyone could get a decent amount.

  344. darleneon 18 Apr 2013 at 9:00 am

    Wow.. reading the comments of the nyt article someone mentioned that Rust made 197 million on the ‘float’ for one day at 2@ annual interest..one day? I think the failed review which took two years provided a lot of interest on that money and was worth the flak for them. .wow, just wow

  345. TAJRon 18 Apr 2013 at 9:02 am

    My husband and I were in bankruptcy also, and our bar code number ends in 00 also. We also requested the review.
    Thanks for your information.

  346. Adriannaon 18 Apr 2013 at 9:14 am

    I just realized that you have been talking about the code that is in front of the post card, I was looking at the one that is inside! Which the second part of that one is the first part of the one in front of the post card…..

  347. JTon 18 Apr 2013 at 9:22 am

    # Nancy Brown – You might want to use one of the online background check websites to find your ex-husband. I can’t recommend a good one, but a lot of people seem to use Intelius. If your ex has a common name, you might be able to find him with his SSN, if you still have it. I think these background checks cost less than $50.

  348. Ginnyon 18 Apr 2013 at 9:27 am

    Did anyone else receive checks that declared bankruptcy?

    I would be curious to hear amounts of the checks.


  349. Ginnyon 18 Apr 2013 at 9:28 am

    TAJR – I cannot find my postcard (I know that is bad!!), so I am unable to tell you the #’s. Sorry.

  350. MMon 18 Apr 2013 at 9:33 am


    This website can give you some information you may need to know.

  351. Tonistlon 18 Apr 2013 at 9:39 am

    Thank you, Tonya.

  352. TAJRon 18 Apr 2013 at 9:44 am

    @ Ginny,
    That’s ok Ginny! I understand. It took me forever to dig out papers and postcards!!

  353. TAJRon 18 Apr 2013 at 9:45 am

    Thanks for your information also Tonya!

  354. Stephon 18 Apr 2013 at 9:53 am

    Did anyone see that their code on the front also matches the code inside on the top left? The last set of numbers? I also have not recieved a check but fall into several different sections so I have no clue what amount were getting!

  355. MMon 18 Apr 2013 at 9:55 am

    Thanks, Donna just wondering. I just don’t think the numbers mean anything. I called WF today and the rep. told me that he does not know which wave my check will be in. He said he can only see the names of the people who were in the 1st wave, not the people names in the upcoming waves. WOW!!!! I filed BK to avoid WF from foreclosing on my home. I sent in the money that I was told to for the forbearance and they sent the money back because their was “no forbearance in place”, WOW!!!! I couldn’t believe they sent the money back. Of course after that, the letter from their lawyers came stating that my home was going into foreclosure, I got really scared and filed BK. That was a horrible and terrifying experience. I don’t want to ever go thru that again. I read the horror stories on here and I know what you are going thru.

  356. Stephon 18 Apr 2013 at 9:55 am

    Sorry top right!

  357. Jwillon 18 Apr 2013 at 9:59 am

    Hi everyone,

    Been watching these boards and finally am replying. We were foreclosed on in 2010 after trying to modify and being denied after repeatedly sending in the same documents over and over along with copies of pay stubs and banking information month after month. By the way, I am a teacher and my husband works for the State of California. Together, we took a 38% reduction in pay and my husband was transferred to a facility an hour and a half away to keep his job. However, that did not qualify us for a modification (like they would have approved the original loan under those circumstances?? NO!) So, we tried to short sale. In the 9 months it took the bank (Chase) to respond, 12 offers walked and the value of the home dropped $60,000. We live in an area of the country hit hardest by the foreclosure crisis and declining housing market. The bank denied the final short sale offer, and then sold the property for $35,000 less a month later on the steps of the courthouse. Terribly sad. Nonetheless, I applied for the review. Received my postcard on March 22nd. I feel like we should be in the category of modification denied, but also don’t trust that the banks will put us in the correct category. We live in California and have received nothing. My bank was Chase. I called Rust yesterday and was informed that I was not in the first wave, but could not be told what wave I was in or when the next wave would be. My postcard says 100J0188297-0194-202-01. I cannot make any sense of the numbers other than the J probaly means JP for Chase. The only other relevance I can find is that I originally took possession of the home in 01-94. Probably just a coincidence.
    By the way, we have now waited the allotted time to qualify for a mortgage and just recently bought a house in a short sale that Chase forgave $320,000 on. The good news is, we are in a home we love at a great price with a great rate. Just wish we didn’t have to go through the nightmare we did to get here.

  358. Calvinon 18 Apr 2013 at 10:03 am

    Has anyone received a check from PNC?

  359. deborahon 18 Apr 2013 at 10:08 am

    I live in Oregon. Did not request a review because I was unaware of the IFR until I received the post card telling me the review was over. I did not receive a check and when I contacted Rust Cons. this morning I was informed that it hadn’t been mailed yet. The rep. Informed me that I was indeed getting something but no answer of when or how much. He said the “federal regulators” determined the mailing schedule and it didn’t go by name or servicer. He was vague when I asked if it went by the amount awarded, never said yay or nay. My servicer was HSBC. My barcode is 100H0105171~0038~425~02. Not sure @ all what category I fall under. I was foreclosed upon when I was in Chapter 13 and in middle of short sale. HSBC then turned around and sold my home to the person I was in negotiations with on the shortsale. Frustrating.

  360. Carolleon 18 Apr 2013 at 10:20 am

    Ahoha All,

    I just spent over 45 mins reading everyone’s posts. My Stars! I’m a G and live in Hawaii. Littion is the primary, but wound up with Ocwen. Bad! I guess with me being here on the Big Island, I could be waiting a long time. Since there’s not even a date yet. Uggggg!

  361. MMon 18 Apr 2013 at 10:21 am

    Just found out today after talking to the rep. at WF, the # that is next to the BIG letter (W) on the postcard that ends with UPPN#, is the reference code from your IFR receipt form. Check your receipt form, the reference # is on there and matches that #. That’s how they can tell if you sent in a form requesting a review. The receipt form was the one they sent you after you mailed your original form in, so you can know that they received it OK.

  362. Reneeon 18 Apr 2013 at 10:28 am

    I’ve had a close watch on all the comments here since the very beginning, just haven’t posted. Jumping in now since I do have a tiny crumb of info to share….. I had already called Rust a few times and always got the standard “you do qualify & will receive a check, however we do not have any info on when your check is scheduled to be mailed….{blah, blah}. After seeing a few comments suggesting Rust apparently DOES know exactly which “wave” we are all in, I gave them call this morning, but got the same old “we don’t have that info” spiel. Hung up, called right back, and almost as fast as I could talk, I rattled off “hi, I know I’ve already called & asked this question, but wanted to double-check that I am for sure in the 2nd wave as James said on Tues and I’m only asking again because I think James did only say that my check ‘should’ go out in the 2nd wave, not that it for sure would, so I just wanted verify I am definitely in the 2nd wave?”
    She placed me on hold, came back and said she was really sorry, but James was incorrect and my check won’t go out until end of next week in the 3rd wave…… Not really too upset about it considering I hadn’t talked a James and had NO IDEA what wave I was in until she just told me! 😉

  363. MMon 18 Apr 2013 at 10:29 am

    The rep. @ WF said that the 100W0640937-0317-417-02 is a postal code and has nothing to do with your monetary category.

  364. LAMKon 18 Apr 2013 at 10:34 am

    “The rep. @ WF said that the 100W0640937-0317-417-02 is a postal code and has nothing to do with your monetary category.”

    Makes sense because my mom and I live close and our numbers are only off by 2 digits (in the middle).

  365. Moseson 18 Apr 2013 at 10:48 am

    Angry Consultant, base on what I know you guys got paid $10,000 per review. If this is incorrect, then who is telling the true? You can help us by contacting Senator Warren and tell her the truth. We need people like you to stand up and tell what really happened because many of us lost our homes and some others with tragic results. The money we are getting is not compensating for nothing!

  366. erinon 18 Apr 2013 at 10:51 am

    Hi from Florida! BOA. Paid trial mortgage as
    part of mod. Received letter stating I did not
    qualify for mod because I
    never paid my trial mortgage.
    Hired lawyer. Bank bought back
    my house for $30,000 less
    than it was worth. No check yet.

  367. JTon 18 Apr 2013 at 11:08 am

    #Moses – the consultants at these firms get paid a fraction of what the firms bill to the client. For instance, when I was at KPMG, they billed me out at $320/hour, whereas I was paid less than $50/hour. So Promontory, etc., made $10,000-20,000 per file, but the consultants like Angry Consultant who did the actual reviews made a fraction of that.

  368. Adriannaon 18 Apr 2013 at 11:10 am

    My update is: I called Rust, I had Suntrust, so they transferred me to a rep that handles the accounts of such bank. She told me I was in the first wave, however, the checks for this firts wave had NOT been sent out yet….. That it could be today tomorrow or in August ……what the heck?

  369. SoOverIton 18 Apr 2013 at 11:40 am

    Anyone receive check fromPNC?

  370. Dawnon 18 Apr 2013 at 11:44 am

    Paid the 3 payments plus for trial period after a balloon payment 2 1/2 times larger than my original payment amount. Sent, faxed, confirmed paperwork rec’d, only to have it requested once again. After almost a year, rec’d notification, “Unfortunately, we are unable to offer you a HAMP Modification for the following reasons: Investor Guarantor Not Participating. We are unable to offer you a Home Affordable Modification because: We service your loan on behalf of an investor or group of investors that has not given us the contractual authority to modify your loan under the Home Affordable Modification Program.” I’m sorry….. I thought this was put into a law…. Not a choice that the banks could decide not to participate in?? I should have been put into permanent mod after the first 3 payments! Aurora sent me request for paperwork (which I had TWICE previously sent), and literally 3 days letter sent that denial letter?! I called them asap and was told a sale date was in 3 days. I decided to do the Relocation Assistance that was supposed to be $3,000, but ended up $1,850.00???, to safe my 3 young daughter’s the embarrassment of being evicted onto the street i. Front of their friends!! I applied for the review and thought I was in the $50,000 ” Failed to convert after 3 successful payments in written trial period plan”. At last, hope for a new home and new start! But, no. I recieved $6,000 and am not even sure for which category? Modification denied w/ foreclosure complete, or Failure to Convert but with foreclosure rescinded ($6,000 vs. $50,000) because I left without being thrown out?! Beyond dissapointed and angry. Just numb now:(. Any thoughts on the category they considered my foreclosure? Thanks and stay strong everyone. Xx

  371. Andrewon 18 Apr 2013 at 11:48 am

    Just saw post from check recipient who got $62,000 today. Foreclosed on while in bankruptcy. No details provided.

  372. Calvinon 18 Apr 2013 at 11:51 am

    I am with PNC also, and they told meI would get my check around August. So I keep hearing about checks sent in waves and such, trying to figure out if it’s really true.

  373. Moseson 18 Apr 2013 at 11:54 am

    #JT- So like always big firms get big money! And the worse of all this is that the results of those reviews will never come to light. We will never know!!!

  374. Donnaon 18 Apr 2013 at 12:12 pm

    @Dawn. I had Aurora also and had the lost paperwork game played on me too. I was told that only if you had a Fannie Mae or Freddie Mac loan (gov. insured loan) was it mandatory to agree to either HAMP or HAFA. The government cannot force private investors to join their programs.

  375. LeeAnnon 18 Apr 2013 at 12:28 pm

    Live in So. Ca. No check yet. Wells fargo/denied loan mod, and bankruptcy. Will post when I do. Is there anyone else that has completely shut down and checked out ?

  376. Scarletton 18 Apr 2013 at 12:34 pm

    I don’t know what category I would fit in. Chapter 13 stopped the foreclosure back in 2009 after missing only one payment with Countrywide. BOA sent my next payment back to me and started foreclosure. I thought person had to be 3 months behind. I have been miserable for years.

    No check yet. Bank of America.

  377. KSVHon 18 Apr 2013 at 12:34 pm

    For those who asked for #s, I’m sorry I don’t know where I put them.

    @Ginny. I filed bankruptcy and have rec’d my check. The amount is $6,000. I’m assuming that Tonya was in the midst of BK when her home was foreclosed on? Mine had already been discharged.

  378. MMon 18 Apr 2013 at 12:41 pm

    “We were recently engaged by 11 of the 14 original servicers along with two additional servicers to serve as a paying agent under the Alternative Resolution Settlement. Our responsibilities under the settlement are to notify homeowners about the program, answer their questions, and distribute settlement payments in the form of checks to eligible homeowners. Rust mailed postcards on March 18
    th, 2013 informing eligible homeowners that they were to receive a payment as a result of the settlement. Also we received relevant settlement data from servicers that identified loan classifications for each individual loan and subsequently received data from the OCC and FRB detailing the payment amounts for each loan classification. The first wave of checks were mailed on Friday, April 12th. Yesterday we became aware of check cashing issues that some payees encountered, and we are addressing those issues and will have solutions in place today and on a go-forward basis. The majority of the remaining checks will be mailed in three more waves occurring on April 19th, April 26th, and May 3rd. Rust continues to staff a call center to take incoming calls from homeowners with questions about the program. We also updated the IFR website to provide new information regarding the settlement.” (From transcript senate hearing IFR part 2 – 4/17/13)

  379. Margoton 18 Apr 2013 at 12:55 pm

    what consultant were reviewing was why was the reason we went to foreclosure, and why the banks denied the loan modification under HAMP. They were looking for reasons, many of us went to foreclosure for robo signing, and improper procedure for being foreclosed such signed for bank personnel not public notary or bank lawyers and other forms of fraud, they were looking military loans like SCRA and bankruptsy issues, that’s why we were place under categories. that is why 90% of us according to the review most likely will get in between $300 to $6000

  380. Jennifer - CAon 18 Apr 2013 at 12:55 pm

    First, I would like to know what the senate committee plans to do about about these thieves other than just gather information and yell at them at hearings. And secondly, I would LOVE to know when Goldman Sachs, who happens to be my crooked servicer is going to get around to cutting checks and submitting a breakdown. I am already signed up for Tiger’s Den. I think we citizens just need to do this ourselves. If we wait around for senators things may never get done.

  381. Ginnyon 18 Apr 2013 at 1:01 pm

    Anyone who filed bankruptcy that received less than the $3K range??

  382. samon 18 Apr 2013 at 1:04 pm

    Anyone received a check that dealt with US Bank Mortgage? Not surprising based upon other posts – my number is 100U.

  383. LeeAnnon 18 Apr 2013 at 1:04 pm

    Oh wow thanks for the “helpful” information.

  384. LeeAnnon 18 Apr 2013 at 1:06 pm


  385. Jennifer - CAon 18 Apr 2013 at 1:14 pm


    Nicely done!

  386. Jwillon 18 Apr 2013 at 1:20 pm

    I just called the IFR number listed on the postcard from Rust, after reading an earlier post. I took that advice and called and said, “I called yesterday and was told by James that I was in the second wave of checks. However, when I went back and looked at my notes so I could tell my husband about the information I got, I had written down wave #3.” I acted like I had made a mistake, that I had heard second wave but written down third wave. Anyway, the person looked up my file, put me on hold very briefly, and came back and said I would be in the third wave of checks sent. I then asked how much the check would be. Response was “don’t have that information.” I then asked when wave #3 would take place. Response was “don’t have that information.”

    Anyone know when the “waves” will happen?

  387. Joe Blowon 18 Apr 2013 at 1:24 pm

    Has anyone received a check that had Citibank or CitiMorgage? I havent seen anything on here from them yet. I live in Illinois and I’m still waiting on my check. Thanks.

  388. Scarletton 18 Apr 2013 at 1:25 pm

    MM above posted this: “The majority of the remaining checks will be mailed in three more waves occurring on April 19th, April 26th, and May 3rd. ”

    What are your numbers? Wonder if there is a 3 somewhere?

  389. lakeon 18 Apr 2013 at 1:31 pm

    Looks like third wave is April 26. Check out this link on senate hearing


  390. Jwillon 18 Apr 2013 at 1:36 pm

    I don’t see a 3 anywhere. But, in case someone can make heads nor tails of my numbers…here they are:


    Pertinent Information:
    Date of foreclosure 3/2010
    Filed for IFR in 2012
    Should be in the category of denied a modification

    If anyone can make any sense of my numbers, go for it!

  391. Tonistlon 18 Apr 2013 at 1:39 pm

    That’s what the OCC contact confirmed2 that the checks would go out 4/12,4/19, 4/26, and 5/3. 90% are to be mailed out by the end of April. I called yesterday.

  392. JTon 18 Apr 2013 at 1:42 pm

    Rather than file a class action suit (or multiple ones), where everyone might get a pittance, it might be better for those with the strongest cases to each file individual lawsuits. This way the banks would be overwhelmed with potentially thousands or tens of thousands of new lawsuits they have to defend individually.

    But – you must have a very strong case for overturning your foreclosure, AND you must be in a state where the judges aren’t completely pro-bank. Otherwise, the risk is that you’d lose, and have to pay the bank’s attorney fees.

    This would not be for the faint of heart.

    And unless you already know your legalese, you’d need an attorney – perhaps using some of the settlement funds you received. And, you’d need a good attorney who really understands these issues – sadly, most attorneys still do NOT get this stuff. (I know of some great ones in certain states.)

    Just a thought…

  393. LAMKon 18 Apr 2013 at 1:49 pm

    Know of any in Nevada?

  394. Scarletton 18 Apr 2013 at 2:05 pm

    How about Georgia?

  395. say2whenon 18 Apr 2013 at 2:18 pm

    Just curious at the large checks that were received, I just cant see them sending that kind of money without some kind of tax forms to be filled out first. The government is gonna get theirs now, for under 6 grand I can see them sending a 1099 but over that, there has to bee some forms to fill out or something before htey mail that check.. hmmm

  396. Stephanieon 18 Apr 2013 at 2:21 pm

    Another crazy story to add about Rust Consulting. I called to give them my new address. I moved three months ago and their postcard went to the address I was living at when I filled out all of their paperwork last year and forwarded to me.

    The representative there said she cannot correct the information and they will mail me a form to fill out for a new address. Funny thing is the form will go to the old address and be forwarded to me by the post office. Then, once they receive the new address in the mail, they can stop payment on the check and reissue.

    Nice. Odds that all happens within the 90 days? ha.

  397. Reneeon 18 Apr 2013 at 2:26 pm

    My lender is HSBC & apparently my check will be sent in the 3rd wave. I only recall seeing 1-2 people who were with HSBC get their check already….. Not everyone says who their lender was/is when they post about receiving a check, but still I’m surprised to not see their name more.

    Any HSBC-ers get checks…. & for which cateogry?

  398. JTon 18 Apr 2013 at 2:26 pm

    Correction – I know some good foreclosure defense attorneys – not sure if they would file suit on behalf of a plaintiff.

    Georgia is a very tough state because most of the judges are entirely pro-bank and anti-borrower (except Judge Totenberg, who really seems to get it). So I’m sorry to say, but that would be a very difficult state to win in, and if I lived there I wouldn’t do it unless the climate changes.

    That said, Rick Alembik in Georgia is very sharp and savvy. (Stay the hell away from Rodd Walton in Atlanta – he’s a scumbag and very dishonest.)

    In Las Vegas, I’ve heard good things about Matt Callister – but I haven’t worked with him.

    Please note that I am not attorney, and this is not legal advice. Before considering hiring any attorney, please do lots of due diligence. See what cases they’ve argued and won, dig into them.

    Note: I do not receive any kind of compensation for mentioning these names.

  399. MMon 18 Apr 2013 at 2:47 pm

    Well JT, Who are you? and how do you fit into the scheme of things?

  400. Beatriz Ibarraon 18 Apr 2013 at 2:59 pm

    Finally got it!! 500 slaps in the face!!

  401. nadiaon 18 Apr 2013 at 3:16 pm

    Anyone get checks from goldman bank yet?

  402. Kim - CAon 18 Apr 2013 at 3:17 pm

    I received a check for $2k on Monday (4/15), live in CA, filled out the IFR paperwork. Deposited the check in the bank yesterday, two day hold placed on the check for processing by the bank. Will see if it clears by tomorrow. We had Aurora on the first and Chase (JP Morgan) on the second. My Story – Forced to short sale on a property that we put down 80k on 8 years ago. We tried to modify the property for two years. Got the same story and run around as everyone else (can’t get a modification until you stop making payments; send in numerous modification packets over and over again) Even hired an attorney firm who specilized in loan modifcations and got scammed. (filed a complaint with the state of CA and still waiting to hear back from them after two years). Was finally able to enter into a ” trial modicfication” with Aurora in 2010. Completed the “trial modification” and then was verbally told over the phone, nothing in writing that we would owe the entire monthly payment plus any late fees and our interest rate would increase for the new payment instead of a real modification. So that meant the monthly pmnts would go from $1122 to $2695! Not really sure what category we fell under, but thought it would be at least the $25k or $50k.

  403. JTon 18 Apr 2013 at 3:19 pm

    #MM, I’m just a homeowner who went through a foreclosure lawsuit myself.

    I fought BOA for three years, using everything I studied about foreclosure. I pointed out all their fraud, forgery, perjury, confusion about ownership, lack of standing, etc. They backed off, and eventually my case got dismissed.

    So far, I’m still in my house – but the bank could come back and refile.

    I have no idea who to make payments to, because even BOA doesn’t seem to have any idea who owns my loan. And I refuse to pay someone if they’re the wrong party, especially since some other “owner” could come along and try to collect from me all over again.

    I have not received a check, and I’m not in the first wave. Maybe I’ll get $300, I have no idea. Clearly, those of you who lost your homes are far more deserving of compensation than I am. My heart goes out to you.

  404. JTon 18 Apr 2013 at 3:26 pm

    For those of you who were told to stop making payments in order to qualify for a loan mod – if you live in Florida, here’s some very good news:


    I’m not sure how it would affect someone whose home was already foreclosed…worth looking into?

  405. Cassidyon 18 Apr 2013 at 3:27 pm

    I just laughed. For like, WAY TOO LONG. You my dear are awesome.

  406. MMon 18 Apr 2013 at 3:28 pm

    Thanks JT for your advice, I was just a little skeptical considering you had some knowledge of attorneys.

  407. JTon 18 Apr 2013 at 4:11 pm

    #MM – LOL! Believe me, I don’t trust most attorneys either! The good ones are the diamonds in the rough, few and far between.

    For instance, I wouldn’t touch attorney Rodd Walton in Atlanta with a 1,000 foot pole – he’s BAD NEWS.

    And if I’d kept the attorney I had at the very beginning of my case, I’m positive I wouldn’t still be in my home today – he was worthless and clueless. Turns out, I was far better off fighting pro se, which surprised the heck out of me.

    And I DEFINITELY don’t trust bankers or regulators!

    Sorry to say that I used to work for the Wall Street banks, back in the 90’s when they were either mostly innocent, or hadn’t yet become so brazen with their criminal behavior and hubris.

    Just trying to help if there’s any way I can…

  408. Tonyon 18 Apr 2013 at 4:47 pm





  409. Tonyon 18 Apr 2013 at 4:47 pm





  410. Scarletton 18 Apr 2013 at 5:16 pm

    @ Kim – CA

    I felt like they wanted my house because I put 50k down. Seems they wanted your 80k and your house, just like mine.

    Are you still in your house?

    @JT thanks for the attorney tip. I looked him up and bookmarked. I am waiting to get my IRF check. In my mind, this will be an admission of guilt. Hope I didn’t jinx it.

  411. AEAon 18 Apr 2013 at 5:20 pm

    I have been following along all of your postings for some time now, but wanted to just share some information that I had received tonight myself. We recieved a postcard as well stating that we would be recieving a payment and I called earlier this week to verify that they had the correct information, at which I was told that a check wasn’t issued for us yet (not sure where we will land as we had multiple issues with our foreclosure with Wells Fargo). I called again tonight and played stupid that I wanted to verify the earlier information that our check would be mailed with the 2nd wave going out, to which I was told that they are not supposed to give out that information per Federal regulators and it was given out in error. From the sounds of it, they have that information, but they are NOT supposed to be sharing it… which I think is ridiculous! Not really sure why this information is such a secret! Anyways, good luck to all of you, hoping that this is over soon as I want to move on from this horrible event!

  412. Kim - CAon 18 Apr 2013 at 5:36 pm

    @ Scarlett

    No. We no longer have the house. We had no other choice but to short sale it back in 2010. Our credit was ruined. We have been renting and was hoping to rebuild our credit and save for a downpayment to purchase a new home later this year (fha 3 year waiting period).

  413. JTon 18 Apr 2013 at 5:39 pm

    #Scarlett – You’re welcome. But I suspect Rick will say “fat chance!” on suing the bank and winning. He’s been rather honest in our dealings.

    And like I said, Georgia is extremely difficult in defending a foreclosure, much less suing for wrongful FC after the auction…I don’t think I’ve seen a case in Georgia where a sale has been overturned. (Anyone?)

    By all means feel free to have a conversation with him – but don’t be surprised if he scoffs at such a suggestion. However, if memory serves, he may be one to charge for a consult, which you don’t want to do if the odds are stacked against you. It’s best to find an attorney who offers a free consultation.

  414. LeeAnn - so. ca.on 18 Apr 2013 at 5:59 pm

    @kim ca,
    I wonder if we had the same attorney. We got screwed by bank and attorney.

  415. Andrewon 18 Apr 2013 at 6:02 pm

    The only people who qualify for payout in category 4 are those who were foreclosed on without bankruptcy judge’s approval to lift automatic stay or where foreclosure was initiated during automatic stay. This excludes the vast majority of bankruptcy filers which is why so many are receiving $300.00 checks.

  416. Reneeon 18 Apr 2013 at 6:05 pm

    @MM ~
    I have a UPPN# on my postcard too. But the review request and paperwork doesn’t apply to me since I didn’t lose my house.
    When I call this morning, they asked for my reference # & I started reading off the number just above my name and she interrupted and said, no your reference # is above that and ends with UPPN. So either all of those script readers are making sht up as they go….OR they are making sht up as they go! And I’m almost sure I know which it is too, lol;)

  417. LeeAnn - so. ca.on 18 Apr 2013 at 6:24 pm

    Anyone else recv 2 applications from frv and 2 postcards saying check is coming? Yes 2 different uppn #’s, property is one address but 2 parcels. One house one part horse property. Had 2 loans.

  418. tristaon 18 Apr 2013 at 6:38 pm

    How about. This filed 7 in bankruptcy was under stay in nov.2009 in jan.2010 they start foreclosure. On me at hearing I tell judge in county court. I’m under bankruptcy judge says what where are the papers. Here u go tell BoA. Get the right papers. 4 court hearing. Than BoA. Asked bankruptcy judge to go back and lift stay to nov.2009 and she did. You know how my story. Ends

  419. Kelly Joon 18 Apr 2013 at 11:01 pm

    Has anyone who had been in Foreclosure but managed to get a modification and have foreclosure rescinded seen a credit to their mortgage acct? I had a “Investor payment” on Apr 11. It took care of the fees that carried over from the foreclosure process – around $1,000. I was thinking maybe it was the other part of the IFR agreement?
    I’m with Ocwen now but was with Litton during the foreclosure attempt. After we were sold to Ocwen they gave us a very nice loan mod. Ocwen has been good but Litton was horrible :(
    Haven’t seen a check yet but see that Goldman Sachs/Litton hasn’t decided what their payment structure is? Any Litton Loan victims received a check yet or know anything about what to expect?

  420. MMon 18 Apr 2013 at 11:22 pm

    “Earlier this week the Office of the Comptroller of the Currency finally published the various categories four million borrowers would fall into. Here’s how it breaks down:

    Modification request approved: 1.1M homeowners will get $300-$500
    Modification request denied: 0.9 M homeowners will get $1,000-$6,000
    Modification request received but no underwriting decision made: 0.4M homeowners will get $400-$800
    Servicer did not engage with borrower in a loan modification or other loss mitigation action: 0.9M homeowners will get $300-600
    Two separate “Other loans” categories: 0.6M in this category will get $300-$500 while 36,000 will get $3,000-$125,000

    Basically, most borrowers won’t get much — about 2.4 million will get just a few hundred bucks.” ( http://consumerist.com/2013/04/11/many-victims-of-shady-foreclosure-practices-will-only-get-300-500-under-government-plan/)

  421. sassypantson 19 Apr 2013 at 12:38 am

    Utah. No check yet. Paid attorney 2500.00 for help securing modification. No result. Sent in documentation for modification. Never a reply. Foreclosed during chp 7 bk stay. 100T0005100-065-255-00 Suntrust. Here’s the best part. Suntrust took one year to put the house back in their name after foreclosing so I was dragged into court for delinquent hoa fees for a house i couldnt live in! Hoa fees totaled 600.00. Judge awarded attorneys fees (in small claims court, mind you) of $2,000.00! Judgement on my credit for 2600.00. Haven’t even been able to rent anywhere with an hoa judgement on my credit in 2 years. Been summoned back to small claims court by hoa 3 times this year alone to show earnings. I am 52 years old and sleeping in my grandson’s room at my daughter’s apartment. I curse the day I bought that house at the very top of the market. My mistake.

  422. Tonyon 19 Apr 2013 at 3:17 am

    Es una burla y una payasada lo que estan haciendo con todos nosotros quienes perdimos nuestras casas!!!

  423. mikeon 19 Apr 2013 at 5:11 am

    Hello good people. I’m one of those who had watching this thread since the beginning. No check yet, threw away the postcard after i read it lol. I’m from Alabama and i was with Citibank. My Co-worker received his check Tuesday for $300 and he knew nothing about the lawsuit, but from his situation he fell into the $6,000 category. My thing is this, no one has addressed the fact that the money given doesn’t add up to the people involved! On top of that, most of the money being sent out is going to the addresses that were foreclosed on so a lot of people won’t receive it. They only reviewed about 100,000 and that’s why so many are not being paid right. Rust is being paid to send money, but they draw interest on the delaying AND they will also get to keep a lot of the money sent out because a lot of people won’t get their checks. I fall into the $24,000 category, but I’m not holding my breath. This whole process is flawed. When it comes to the idea filing lawsuits it’s the law of averages, most of the borrowers don’t know about this so if someone does sue, it’s just a drop in the bucket!

  424. Cindyon 19 Apr 2013 at 6:04 am

    I too hired an attorney in CA (I live in FL). I worked with the State of CA Bar Association to try to recoup my money. Still waiting on word from them

  425. Cindyon 19 Apr 2013 at 6:06 am

    #Kelly Jo, I too went into foreclosure due to a Bank of America coding error during my loan mod. I was approved for loan mod. I did not receive a mortgage credit.

  426. Karenon 19 Apr 2013 at 6:14 am

    Its unfortunate that most have us has had a nightmare of story to share, We were going to a modification with BoA, we made all trial payments, only to receive a letter after third payment to inform us that our second payment never made it to the bank, therefore we were in default of the agreement and foreclosure proceedings began once again. Mind you I made all 3 payments through Western Union, so I had all reference #s, but BoA could never locate our “missing payment”, and would you believe they found my payment several months later and sent it back to us, it was just too late to do anything about it the house was going to auction. I’m not having much faith in the system, we havent received our check from the IFR yet, but it certainly will not make up for losing our home and damaging our credit. I want to purchase again, without waiting the 3 to 5 years, just a crazy idea, but all these Lenders have vacant homes from foreclosures in many areas, maybe they need to offer them them up at a bargain rate without having to wait for the market and interest rates to increase.

  427. Jessicaon 19 Apr 2013 at 7:29 am

    We were denied a modification time and time again through BoA. There were times they had said that we had a “negotiator” working on our case, call this number. My husband would call and the line would be busy…for days!! We filed Chapter 13, still tried for modification, they still proceeded with the foreclosure. We ended up being able to do a short sale before the foreclosure went through. Our $275,000 house sold for $175,000. We ended up converting our 13 to a 7 do to all the attorney fees and losses we incurred. While we were sitting in bankruptcy court we listened to two attorneys talking about how they had a client who was able to get a modification for $100,000 less than what they owed. I sobbed sitting right there. I sobbed as I went to the title office and signed away our dream home. And I will probably sob again when my $300 check comes. We have been doing a Land Contract on a home for about 3 years now. We are hoping to be able to get bank financing on it this Fall. On the bright side, the stress that our old home brought on us, our marriage and on our children is gone. There really is no dollar amount BoA could pay to take back the anguish that we went through over 3 years. I will only be happy when they have to shut their doors and really, truly pay for the crimes they have committed.

  428. martyon 19 Apr 2013 at 8:03 am

    “On top of that, most of the money being sent out is going to the addresses that were foreclosed on so a lot of people won’t receive it.”

    They willif they notified the National Mortgage Settlement office when they moved.

    I changed my address info with them back in October when I moved. The recent postcard from Rust Consulting came to my new address, as I expect my check to as well.

    If you either lost the paperwork or forgot to notify them of your current address, you can hardly blame them for that. They carry a lot of blame, but not for knowing your new address if you didn’t tell them.

  429. Donnaon 19 Apr 2013 at 8:18 am

    I think an acceptable solution would be for these lenders to be forced into providing low interest home loans to all those included in the IFR without having credit scores come into play. If you are working then you qualify for a home loan, period.

  430. Connieon 19 Apr 2013 at 8:59 am

    I just spoke with a gentleman at 1-866-430-8358 (National Mortgage Settlement office) who told me that the $840 minimum payment is totally independent and separate from any monies anyone may be receiving from the independent review (Rust Consulting). He said people receiving monies from Rust are getting money from some other type settlement and that the National Mortgage Settlement has NOT sent ANY checks out yet. He said it would be the middle of the year before their checks are sent out and he has no information on an exact date and amount. Therefore, people apparently are confused about the small $300 or so checks coming from Rust Consulting……these (according to him) are NOT what you were told about in your initial letter (stating a minimum of $840). I am in East Tennessee and have not received a check from anyone nor a card; only the initial letter from the State of Tennessee Office of the Attorney General.

  431. Thomason 19 Apr 2013 at 9:02 am

    I agree with Donna lets make It happen

  432. Mom2on 19 Apr 2013 at 9:20 am

    Apparently the 2nd wave went out today. Just got off the phone with Rust. We shall see awaiting WF payment in MD

  433. Donnaon 19 Apr 2013 at 9:25 am

    @Connie. From what I could tell on their website The National Mortgage Settlement does not include all the lenders that are in the IFR.

  434. Donnaon 19 Apr 2013 at 9:42 am

    Here are the lenders involved with the National Mortgage Settlement

    •Bank of America
    •JPMorgan Chase
    •Wells Fargo

  435. Connieon 19 Apr 2013 at 9:48 am

    I called National Mortgage Settlement office the second time this morning to try to clear up another matter…..the dates on the Independent Foreclosure Review show a foreclosure date of January 2009 and the paperwork from National Mortgage Settlement shows 2008. I asked the representative about the difference in the dates. He said I should still be eligible for the minimum of $840 from National Mortgage Settlement because that’s the dates they are dealing with. The independent review has a different date (2009) and is a totally unrelated settlement. So, I have been told by two different representatives this morning the same information — they are totally unrelated. So I guess if I do not receive a check from Rust then it was because my foreclosure was in 2008 and not 2009 which is one of the two foreclosure years they are dealing with, and should still be receiving a check from the National Mortgage Settlement company by the middle of the year.

  436. Connieon 19 Apr 2013 at 9:50 am

    @Donna……mine was with CitiMortgage.

  437. Stephanieon 19 Apr 2013 at 9:52 am

    For new readers – it would be so helpful to many if you posted:

    1) Did you submit for a review from IFR?
    2) If you got a check, how much?
    3) What bank you were with
    4) Category you (should have) fallen under.

    It would just be great to start compiling this information a little to come up with an outline of the basics. We know THIER numbers for who received what but since it seems they just robo-stamped numbers on our accounts, I am more curious of the REAL numbers and info.

    SO much information out there but this and the following site on “loan safe” are the most detailed with information.


    I can’t believe I have gotten any work done this week. I have been a little obsessed with following people and their posts. If you know of another great resource with current information and stats.. please share. Good luck to you all.

  438. Cindyon 19 Apr 2013 at 9:59 am

    1) yes I submitted form
    2) I have not gotten my check
    3) Bank of America
    4) I’m confused by all the categories. I received a loan mod, but went thru hell to get it

  439. Brendaon 19 Apr 2013 at 10:09 am

    Hi from Pa. I was with Chase. Obviously no check yet. I’ve tried several times to talk with someone about which wave my check will be in. I never have gotten to speak with a person. Just get that forever long recording when I call Rust. What’s the trick to speaking to an actual human there?.

  440. Tonyon 19 Apr 2013 at 10:13 am





  441. Gerardoon 19 Apr 2013 at 10:15 am

    Hi Brenda. Sorry for your situation.
    We are with Chase.
    We lost our home in SC because their never answer our request.
    Their are full negligents!

  442. Tonyon 19 Apr 2013 at 10:24 am

    Let’s start a letter campaign sent directly to 1600 Pennsylvania Ave in DC.

  443. Stephanieon 19 Apr 2013 at 10:24 am

    Credit Report Question on Foreclosure:

    On my credit report it was listed as foreclosed for B of A but now says “foreclosure redemption” . Zero balance and Zero past due ????

    PNC reports it as past due 120 days every month for over two years but account still open and with a ZERO balance. ???

    My credit score is still awful so it hasn’t seemed to improve it any.

    Anyone understand this?

  444. mikeon 19 Apr 2013 at 10:33 am

    At Marty, I’m speaking about those that had no idea of the settlement.

  445. Debbieon 19 Apr 2013 at 10:38 am

    I have been reading over a lot of these posts, it is so disheartening! I have NEVER spoken to anyone from National mortgage settlement, my loan was with Chase, should I be in touch with these people also???

  446. WhtAJokeon 19 Apr 2013 at 10:42 am

    Is anyone else wondering why they staffed these call centers for us; that I’m certain we are paying for? They take all of this information from you, put you on hold, only to inform you that they can’t inform you of anything. Seriously?? I am so insulted by our banks and government right now that I’m ashamed of being American!

  447. Jawoodson 19 Apr 2013 at 10:47 am

    B of A gave you a loan mod and your loan mod was finalized? If it did, my question is how long did B of A take to finalize your loan mod?
    The reason I asked is because our Bank of America processed our Loan Mod, however it took B of A 10 months to finalize our loan mod after making 3 successful payments within the 90 day trial period plan. Our house did not foreclose, we are still living in the same home ( God’s willing). I am thinking that I am in category 6 because B of A failed us to convert loan mod permanently after 3 successful payment within the trial period plan without being foreclosed. I am looking at a payment of $50,000 because it was a completed loan mod.

    I filed for a review and I received a post card on March 22, 2013 and the postcard says that I am eligible for payment and would take 4 to 8 weeks.

  448. Cindyon 19 Apr 2013 at 10:56 am

    @Jawoods, I began my loan mod in November 2009. I received a post card in the mail from a law firm in CA. I called them because I knew it was a matter of time that I would not be able to make my payment. I was told to stop making the payments. The law firm reached out to BOA to advise them that I am wanting a loan mod and they were working on this on my behalf. From December 2009 to December 2010, it was a nightmare. But I did receive a loan mod. My three trial payments were Oct/Nov/Dec of 2009. I received my loan mod immediately after that. I can’t remember how long after the trial period payments I received all the paperwork. I was threatened with foreclosure from January 2010 to October 2010. I even had to hire another attorney to stop the foreclosure. Long story there. I am very fortunate that I still have my house even though I am upside down by $120,000. I plan to ask BOA for a principal forgiveness. My house will never be worth what I owe. I honestly don’t expect more than $300.

  449. Mhollingon 19 Apr 2013 at 11:03 am

    Did anyone ever decide if the numbers above our names mean anything?

  450. Anaon 19 Apr 2013 at 11:12 am

    @LeeAanne.. I also received two postcards because I had two loans with Citi. I called Rust this morning and was told I will be receiving
    two payments coming in two different waves.

  451. Paton 19 Apr 2013 at 11:12 am

    I just spoke with Rust and they said my payment went out today in the second wave. I am with JPM.

  452. Jawoodson 19 Apr 2013 at 11:31 am


    Thank you so much for your response Cindy and thank you for the explanation of your situation.
    Now we could just wait / see for the check to come. Good Luck to you Cindy and God Bless!

  453. Connieon 19 Apr 2013 at 11:41 am

    Just spoke with Independent Foreclosure Review representative. He could not find anything regarding my loan with CitiMortgage. This explains to me, if I am understanding correctly, that this IS INDEED separate from National Mortgage Settlement. IFR deals with foreclosures in 2009 and 2010. Mine was in 2008 which is what my letter and paperwork from NMS refers to. He also told me I would have received a postcard if I was to be receiving any monies from IFR, and I did not receive such a card. I guess I am now waiting to get my minimum of $840 from NMS in the middle of the year. Ahhh, what an ordeal!

  454. Kelly Joon 19 Apr 2013 at 12:21 pm

    Go online to all 3 of the Credit Reporting Websites (free) and challenge the Foreclosure or negative reporting regarding your mortgage. The Bank has 30 days to respond and if they don’t it’s deleted. While you’re at it challenge everything and you might be surprised how it helps your credit score :)
    Good Luck

  455. Rufinoon 19 Apr 2013 at 12:25 pm

    I just spoke to them my check went out today Litton was serviced and I live in Florida.

  456. Joanon 19 Apr 2013 at 12:36 pm

    Our situation is kind of we had be in Chapter 13 for a few years when in 2008 Citii tried for a 4 month period to have Motion withdrawn for nonpayment. After 3rd time Motion was granted for missing one month payment. But we made all payments and kept records. We were dumb enough to calling Citi trying to resolve discrepancies and had no idea they were foreclosing on prpperty until rec’d foreclosure notification by mail. Provide dAtty with response to summons with western union showing payments and court granted Motion to Restay. Citi had 10 days months to object but they waited 2 years later in 2010 and “voluntarily withdrew”. Citi paid all legal fees. We still have home – Thank God.

    We requested IFR and submitted paperwork. Rust sent card in March stating eligible for refund. We figured since they did withdraw and we had bc protection we would be in category 4 for $7500. However, don’t trust Citi who determines categories and we requested loan modification which was verbally denied – no paperwork ever sent to us. Does that mean they may put us in the category of loan modification or service not offered which is $500. During that time period it was so stressful and we incurred Atty fees trying to fight them.

    Called Rust and our check was not mailed. They stated they cannot mention when checks will be mailed but can tell you if your check was mailed.

  457. Kelly Joon 19 Apr 2013 at 12:44 pm

    So they are mailing Goldman Sachs/Litton Loan checks now? The last update said Morgan Stanley and Goldman Sachs were being mailed at a late date. I will call and see if my check was also mailed… thanks for the heads-up..

  458. LAMKon 19 Apr 2013 at 12:52 pm

    I just called, and now Rust is saying they cannot even tell me if my check was mailed or not…

  459. samon 19 Apr 2013 at 1:27 pm

    Have not seen any posts – anyone received a check that dealt with US Bank Mortgage?

  460. NJon 19 Apr 2013 at 1:28 pm

    I did request a review (BOA).
    I know that the 2nd wave is mail out today so I called and asked if
    my is in this wave and they told me “No”.I fall into foreclosure after making 3 trial mod so hopefully I’ll get pay under that category.

  461. Nickion 19 Apr 2013 at 1:28 pm

    I am with Goldman Sachs/Litton Loan. Just called Rust, no check mailed yet.

  462. KIMHon 19 Apr 2013 at 1:37 pm

    I went thru HELL and Aurora ruined my life and my credit, foreclosure on my credit report as well as Bankruptcy. I paid over 5K in legal fees fighting them and our Government has left these criminals off the hook. Surely there has to be a way to sue them for damages, anyone with any legal background out there wish to share ?? I received a check for 2000.00 not even half of my legal fees, not to mention I only owed 89K on my house and Aurora sold it three months after foreclosure for 139K, this is excatly why they would not modify my loan EQUITY… They stole my equity. Please anyone with any FREE legal advice speak up.

  463. Donnaon 19 Apr 2013 at 1:46 pm

    @KimH If they sold your home that had equity and there was money left after they took what you owed on your balance and fees, then you are entitled to the balance left over. They cannot legally keep any overage they receive on the sale of your home in foreclosure.

  464. KIMHon 19 Apr 2013 at 1:51 pm

    @Donna , Thanks how do I go about getting that money though ?

  465. Rufinoon 19 Apr 2013 at 1:57 pm

    Yes just call number bypass message hit 3 and will transfer you to a operator they will only need # on postcard and social security card and address on file. Then they transfer you to another department that can verify only if your check was mailed. Good luck to all

  466. Stephon 19 Apr 2013 at 2:06 pm

    Just got off the phone with the national mortgage settlement! It’s nice to know that whatever check I get from the indepentent review will not the only check I will be getting! Cause it will probably be $300 knowing our luck! We banked through citi and foreclosed after a year of trying to mod never was approved and was told we had to be 90 days behind on our loan for them to even look at our loan. Then we had our third child and husbands plant shut down we walked away and have been livin in hell since! Hopefully we will receive something to help us get by till the other check comes! Everything says mid 2013 so does that mean June?

  467. Donnaon 19 Apr 2013 at 2:07 pm

    @KimH. First, I would find my foreclosure paperwork that shows the total amount you owed at time of foreclosure. I’m betting it was at, or close to, the $139,000 because of interest, past due payments and “fees”. They add up pretty fast. Then you have the sales commissions and closing costs of the sale of the house. I would contact Aurora and ask to speak to someone in the RE department and tell them you need to see the closing docs on the sale of your home. That you believe you have an overage due to you. This is probably going to be near impossible because Aurora (who was my lender also) is no longer in business and you will have to do some research to find out who has that info. Do you know who the RE agent was that sold your house? How about the title company? If so, kindly ask them for the closing statement. They may have cut you a check that you don’t know about.

  468. Donnaon 19 Apr 2013 at 2:10 pm

    @KimH. Remember to document everything! What day and time you made contact, how you contacted, who you contacted, what they said, etc.

  469. Donnaon 19 Apr 2013 at 2:56 pm

    Well, the second wave goes out today. Good luck to all those who haven’t yet received their checks. Looking forward to read what transpires in the next few days.

  470. Kathyon 19 Apr 2013 at 4:06 pm

    Ohio, I’ve been reading all of these horrible errors and stories from all walks of the U.S.A and can’t even digest some of these awful situations that we all have been through, may GOD bless us all.
    JUSTICE! That is what we all need. My story of horror started with countrywide home loans, like every average American I lost my job and started and declined in my income status. I contacted them for mod was denied even though they knew I now couldn’t afford the mortgage so, I went on the job hunt,found a job and was told I was pregnant with my third child I had no choice but to hire a lawyer who overcharged me. After maternity leave, tried to go back to work but couldn’t cause foreclosure was now a credit issue the lawyer helped me get approved for mod they asked me to make 3 payments of $1300, I did it . My next appearance at court should have been for the new trial mod details, instead appeared BOA to tell me I was denied. Sorry to say I lost it in court where was countrywide? why was I being denied after giving them everything I had left? The judge had to pull me out of the room to tell me that it wasn’t worth it I cried to the judge, I sent my lawyer to he** the judge calmed me down to help me realize that it isn’t worth it I took it all in.

  471. Kathyon 19 Apr 2013 at 4:11 pm

    For those of you who are waiting for a check call the IFR not rust consulting after they read through the script ask to speak to a supervisor cause no one else will give you the info they told me today they mailed my check. Also, there are 2 settlement out there the IFV, and THE NATIONAL MORTGAGE SETT. Check it out some of you will be waiting for a min of $840 in mid-year they are different but both are being paid by RUST.

  472. ivanon 19 Apr 2013 at 4:12 pm

    hello everyone
    has anyone received a check from citi yet ?

  473. ivanon 19 Apr 2013 at 4:13 pm

    national mortgage sett be alot higher than the 840 orginally projected since many people didnt claim unlike the indep review only people who submitted a claim will receive a check

  474. pete con 19 Apr 2013 at 5:00 pm

    No check here in Florida… should be in the “foreclosed on while protected by bankruptcy” category…

  475. DCon 19 Apr 2013 at 5:26 pm

    I like most have been reading plenty of posts, I have yet to see any in Colorado let alone from aurora loan services(purposely didn’t capitalize as they dont deserve).

    Organize and bind together: @ foreclosurevictims freeforums org

    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to make our voice heard or nothing will happen :)

    Thanks for reading,

  476. Hopeless in MSon 19 Apr 2013 at 5:27 pm

    No check as of yet. Was told by WF rep that my check mailed out today!! Was thinking we were in a certain category but from what I have been reading check will prob be 300(shame) Really thought this would be a second chance for our family!!!

  477. LeeAnn - so. ca.on 19 Apr 2013 at 5:29 pm

    Can anyone tell me why I qualified for ifr, but not NMS.when I called nms I fit the critrria, but rust ssid no.too late…is the nms something thst you had to voluntarily sign up for? Ifr sent us info in the mail involuntarily.

  478. ivanon 19 Apr 2013 at 6:05 pm

    WASHINGTON—The second wave of 1.4 million checks totaling $1.2 billion was sent today to borrowers eligible for payments under the Independent Foreclosure Review Payment Agreement, bringing the total number of checks sent to date to 2.8 million worth $2.4 billion.

  479. Jennon 19 Apr 2013 at 6:12 pm

    No check as of yet. We live in FL and our mortgage was with HSBC. I called this evening and the girl told me she couldn’t give me any information as to when or if our check was mailed. She could only tell me that we were eligible to receive one. Give me a break. I will post an update when we receive it.

  480. sassypantson 19 Apr 2013 at 6:25 pm

    For those of you that have called National Mortgage Settlement, could you share the phone number?

  481. ivanon 19 Apr 2013 at 6:32 pm

    Mortgage Settlement Administrator at 1-866-430-8358, Monday through Friday 7:00 a.m. – 7:00 p.m. Central Time

  482. MMon 19 Apr 2013 at 6:33 pm

    I think that the NMS is for FHA or VA loans that were foreclosed upon. If you had a conventional loan and was foreclosed upon, you probably will not get a check for $840 from the nms. (I’m thinking that’s what I got from reading about it, but I could wrong). I have not received any info. in the mail and I didn’t apply for the NMS only because I thought I did not qualify. I myself have a conventional loan but WF is the investor. WOW!!!!!

  483. Jesson 19 Apr 2013 at 6:48 pm

    My number is 100B0402489-0102-416-01
    I am with BOA, lost my home in 2010 after a long modification fight with them. Worst part, I put 90K down on the place. Makes me sick to know what I could have done with all that money.

  484. Reneeon 19 Apr 2013 at 7:07 pm

    I haven’t seen where anyone with HSBC has received a check yet. I’m with HSBC and was able to trick Rust into telling me that I’m in the 3rd wave. Maybe since HSBC was a little later to enter into the settlement, they were given longer to get us all categorized and that info sent to Rust.
    And I’m almost certain that people thinking the smaller checks were sent 1st and the later your check is sent, the larger it will be…..are going to be very disappointed. Some people have received fairly large checks laready. And many, many more people are still due to receive their measley $300-$500.

  485. martyon 19 Apr 2013 at 7:16 pm

    “I think that the NMS is for FHA or VA loans that were foreclosed upon. If you had a conventional loan and was foreclosed upon, you probably will not get a check for $840 from the nms. (I’m thinking that’s what I got from reading about it, but I could wrong)”

    You are incorrect – The NMS is not only for FHA and VA loans. I don’t know about anyone else, but my first indication of any kind about this settlement came in the mail around Sept. 2012 from my state Attorney General (Florida).

    It explained that this required NO action on my part other than filling the form out and sending it in. No documentation on my part, no need to claim any harm, nothing to do but sign. This was the “$840.00 minimum” that everyone is talking about and yes, it is going to be higher (hopefully a lot higher) than that because it is based on the number of people who returned that form.

    From their website: http://nationalmortgagesettlement.com:

    “Approximately $1.5 billion of the funds recovered in the national settlement are being used to compensate borrowers who lost their home to foreclosure during the period of January 1, 2008, to December 31, 2011. Claim forms were mailed to eligible borrowers in late September/early October of 2012 and subsequent reminder notices were mailed. The deadline to submit a claim form has now passed. If you have submitted a claim form, the Settlement Administrator will contact you if any additional information is needed to complete your claim.

    Checks to borrowers who submitted claim forms are expected to be mailed mid-year in 2013. The exact amount of the payment to be made to each eligible claimant is not yet known but it will exceed the minimum payment of $840 that was indicated on the claim form.”

    So, the CURRENT checks being sent by Rust are different than this settlement and while I expect a $300 check from Rust soon, it’s good to know that a much larger one is on its way.

  486. Barbon 19 Apr 2013 at 7:28 pm

    Didn’t receive check yet
    Chp 7 bankruptcy
    House in foreclosure , mod denied etc
    I hope I fall in 62k category since I submitted IFR paperwork
    Rust said in wave 2…..fingers crossed.
    I will update when I receive my check
    Also I’m in California

  487. Mariaon 19 Apr 2013 at 7:46 pm

    @ Donna – thanks for the info you provided here about looking into if there is a possibility of having a balance left over… the problem with that is I don’t have any foreclosure paper work that BOA sent to me… all I have in my possession is the 3 day notice to quit pasted on my front door.. my house was sold in an auction.. no doco about modification denied or any type of doco from BOA at all…. I was able to get about $400.00 from the insurance co that I have on the loan after 16 years of paying my premium… other than that I don’t have anything from BOA at all…. I am with someone in this group that said we all should have been given a decent amount to be able to buy again and/or allow all of us to get a loan so that we can start over getting the another shot of the AMERICAN DREAM….

  488. LeeAnn - so. ca.on 19 Apr 2013 at 7:57 pm

    I would have been completely happy if I was handed a “gift certificate” from Wells Fargo saying this certificate entitled bearer to a new mortgage within your income range with no down payment necessary. Sorry we ruined the last 3 years of your life and our sincere appreciations for not committing suicide. Sorry folks they haven’t taken away my ability to dream…

  489. annon 19 Apr 2013 at 10:02 pm

    To fall under the bankruptcy waterfall that is for Chapter 13, not Chapter 7. Chapter 13 keeps your home, Chapter 7 gives your home back.

  490. Brendaon 19 Apr 2013 at 11:44 pm

    LeeAnn, how awesome would that be….

  491. Shason 20 Apr 2013 at 12:10 am

    I refuse to believe this banks orchestrated tsunami will just go away quietly not for all the $300.00 plus dollars in the world. People are waking up from their nightmares; their shock is being replaced with rage and now insult with these bounced checks
    The word “RAPIST” comes to mind every time I see the word Well Fargo, Lawyers who lie about their modification abilities and Judges who accepted the faulty paper works.
    We need a class action law suit. We need some serious help, a lawyer who con not be bought by the banks.
    For all the foreclosed home owners and those still fighting to keep their homes we need to unite and do this.

  492. tristaon 20 Apr 2013 at 1:26 am

    For all of us who where in bankruptcy don’t look at what chapter .take a moment and look to see if your stay was lifted. Than check when your fore closer started. Its about if the bank broke federal law. This is why its so hard to understand and shame on them for not telling all of us where we fall. It doesn’t matter really because your not being reviewed. Ever one here has a story it just makes me sick to read these stories. You trusted these banks hell they called us by name whenever we walked in to pay. Made you feel like family/friend. Well with friends like that ! Need I say more !

  493. Barbon 20 Apr 2013 at 2:46 am

    @Ann, if you we’re referring to my post with your below comment

    “To fall under the bankruptcy waterfall that is for Chapter 13, not Chapter 7. Chapter 13 keeps your home, Chapter 7 gives your home back.”

    Chapter 7 bankruptcy can ALSO keep your house, so know your facts.
    I posted my issue and that was it……

  494. tristaon 20 Apr 2013 at 3:10 am

    @barb if you go up a few days I also was 7 not sure if it was aimed at me or you . I wish you the best people are very upset . I think some are looking to make others claims look less at fault but keep in mind . We are all in the same boat. Good luck don’t let it get to you.

  495. KahunaKevon 20 Apr 2013 at 5:57 am

    Hopefully this might help, and I will post anther site with additional blogggers considering a class action group in regards to the failed Independent Review settlements, (Rust Consulting handing out the checks).

    You have the potential of getting 3 checks at this point:

    1. From Rust Consulting for damages ranging from $300-$125,000, those are mailed every Friday with most being distributed by the end of this month.

    2. A second check from the National Mortgage settlement in an amount greater than $840, this is through actions brought on by state governors and their respective Attorney Generals. These will be mailed out beginning mid summer.

    3. Possibly a third check for actual damages caused by foreclosure, overcharges, unfair fees etc. Amounts and dates of distribution unknown.

    4. Potential additional rewards from state brought class action suits–many states have already initiated groups on a state by state basis.

    5. Potential rewards from a national class action suit, yet to be created, and in it’s infancy at this point–find out more about all of these at: foreclosurevictims.freeforums.org

    Hope this can help! For those of you receiving checks today and this week, we’d love to hear any updates you can provide to the group. Keep the faith–stay strong–be vigilant. This battle has only just begun and you are not alone. Thanks, KahunaKev

  496. Donnaon 20 Apr 2013 at 6:17 am

    Here are the lenders involved with the National Mortgage Settlement

    •Bank of America
    •JPMorgan Chase
    •Wells Fargo

    If your lender was not one of the above, you will not be included in this payout.

  497. Donnaon 20 Apr 2013 at 6:23 am

    @LeeAnn and the rest. I agree. I think the best solution is a Class Action lawsuit asking for a mortgage loan, very low interest, with payment amount adjusted to suit our income. If there is a dollar amount attached to the Class Action the only people who will reap that benefit are the lawyers (yet another group to make money off of our hardship). I was involved in a Class Action from a company I used to work for. They were found guilty of shorting us pay and all we got was a 1 year online subscription to a work-related publication and the attorneys got millions of $. Not fair. So the only possible fair longterm and actual solution, since most of us want to purchase another home, is a fair mortgage guarantee for all of us.

  498. Donnaon 20 Apr 2013 at 6:33 am

    @KahunaKev. Another very real actual monetary damage we received was the loss of the down payment we put on our property that we lost in this mess. I personally lost the $187,000 down payment I got from the sale of some land and an inheritance to be able to afford our dream house. Same story as the others – jobs lost, decreased income, modification denied, BK, etc. More than just the bank fees, etc.

  499. Donnaon 20 Apr 2013 at 6:37 am

    @Maria. The auction of your home had to involve a title company. Check with your local real estate companies. They have books full of sold properties that have the info you need. Most agents are nice enough to get that info for you.

  500. KahunaKevon 20 Apr 2013 at 6:38 am

    Agreed Donna. I guess my point to others is to be mindful if they did not get a check of any worth–there is potential for more, and to keep their eyes open to their ‘junk mail’ and what is proving to be an evolving process with additional chapters yet to be written. Even on the political side we have yet to see what Senators like E. Warren will come up with–so to all, stay strong and encouraged! And good luck Donna, I too had a sizable down stroke and built up equity. Who knows what tomorrow will bring and in what form?!

  501. Donnaon 20 Apr 2013 at 6:39 am

    Chapter 7 BK allows you to “homestead” 1 property, i.e. keep your home.

  502. Donnaon 20 Apr 2013 at 7:09 am

    I agree KahunaKev. Stay strong and encouraged. I enjoy reading your posts and also on the other site. It’s very easy for people to be discouraged, especially after years of beatings from the banks. Also, the personal attacks from those who were supposed to be our friends and neighbors. One of my neighbors has shunned us now that we have had financial setbacks as if it were leprosy. We need to sometimes be reminded that we are more valuable than our credit reports and we can rise above this mess that we did not create. We were Americans going about our business as usual who got caught in this whirlpool of greed and then lies and deception. I truly feel we will prevail.

  503. Reneeon 20 Apr 2013 at 7:11 am

    The bankruptcy category is being very misunderstood….. It can be for Ch.13 OR Ch.7, BUT just having filed for BK to save your home or any other reason is not the qualification for that category.
    It is specifically for anyone who was already under BK’s protection of an automatic stay AND their lender initiated or completed foreclosure process WITHOUT getting court approval first. Once a BK is withdrawn or discharged, the lender is legally free to continue on.

    There ARE plenty of people whose lender DID “illegally” foreclose on them that DO qualify for that category…. But there are some people expecting the $30K+ or $60K+ who are not understanding the criteria.

    But FYI: Because this is one of the few things that lenders did that ARE literally “illegal” that likely could be fully documented and proven in court (espec if the foreclosure was completely since the auction notices would have been publicly posted). If you truly do fall into this category, you really should consider a civil suit against them. It may be hard to find an attorney to help and the bigger name attorneys will most likely not want any part of it, but keep looking! Your best bet is probably a younger/newer attorney who isn’t yet established. It won’t take a genius bcoz there won’t be much arguing your lender can even do about anything.

  504. Donnaon 20 Apr 2013 at 7:33 am

    @Maria again. Like Renee stated above, the auction had to have been publicly published in the local papers. I would google your address and it will come up in the legals of the paper. This will give you the name of the title company, what you owed, etc. Good luck.

  505. Chanelon 20 Apr 2013 at 8:00 am

    Just talk to Rust my payment is being sent in the third wave 4/26. The only information I received was that my full review was done and they have found many errors in my mortgage loan and in my foreclosure process. She told me that they are not just giving out checks randomly. There is a method but she was not allowed to tell me. I just read half of the comments and I’m not going to get my hopes up. She did tell me that they were not going in alphabetical order. But there is definitely an agreed apon way they are distributing the checks.

  506. Donnaon 20 Apr 2013 at 8:10 am

    Thanks Chanel. I can’t understand why we, as the victims of their greed, cannot have the information we would like when it pertains to our financial well-being. All this mystery shrouding it. Makes me think there is something to hide.

  507. JWon 20 Apr 2013 at 8:11 am

    Just got off the phone with Rust, the guy was able to tell me that my check would go out in May in the 4th wave. I told him that I know they have the categories and payment amounts but that I knew they couldn’t release that info, he confirmed. I then asked if I would be disappointed in the amount I am getting which he said he couldn’t give his opinion on that. I turned it around and ask if he would be disappointed if he was to receive my check and he laughed and said “I guess if I went through what you did then yes I might be disappointed”. So I think small checks are going to be in every wave.

  508. sassypantson 20 Apr 2013 at 8:16 am

    # ivan…thanks =0)

  509. tristaon 20 Apr 2013 at 8:55 am

    Thank you Renee. I was under automatic stay when they started foreclosure on me. I called today not in this wave they say. Boa was lender.

  510. Barbon 20 Apr 2013 at 8:58 am

    I thought we all were posting our individual situations and or experiences. However it seems like people are making a point to make a previous post feel discouraged. I don’t need @Renee or @Ann to try and tell me about MY Bankruptcy matter. Neither knows me or my story, as I didn’t go into to details. Therefore if you want to post something, post your matter. Don’t try to act like you were part of the Independent Foreclosure Review and reviewed people’s files. Allow this forum for ALL to post our matters without people jumping in to say this and that about what category WE fall in when NO ONE knows if they will be placed in the right category until they receive a check!!!
    We all have been thru enough and to read a post that’s directed at BK people is frustrating.

    In a nut shell…..mind your Business
    Be happy with your check & don’t be ticked off if others hope they get into the correct category for THEIR situation!!!!

  511. Chrison 20 Apr 2013 at 8:59 am

    I was hoping someone had some insight.
    I filed Chapt 7 in 2008, discharged 8/2008.
    I never heard anything from my lender.. NOTHING ( i was current) with payments until I went through a divorce in 2009 where things turned even worse for me. I contacted lender to see if they could do something for me to reduce loan in early 2009 to no avail. I had mentioned to them that I was protected by Chapt 7 and could technically walk away, I thought it would be in THEIR best interest to “re-affirm” the loan knowing I could walk away. they proceeded with foreclosure and lost my house. I still dont know if that was legal or not. They never asked the BK court to lift the Stay. Unfortunately, I thought it was water under the bridge until I got my notice. I assume it will fall in the BK bucket but who knows..

  512. toniaon 20 Apr 2013 at 9:11 am

    i filed july 09 bk 7 and was current hearing at end sept 09 discharge dec 09 but on oct 8 we came home and found our home locked with our things it still and they cleaned ou the house in less then a wk of locking us out ….i stopped paying then was never offered a mod and was never served papers till feb….bank was citi and we were just told our ck was mailed…..i m sure we got no more then 600…saddly that dont replace our things we lost or the pics we had there which were some of when the kids were babies and of my dad and sister whom r gone now :(

  513. TAJRon 20 Apr 2013 at 10:01 am

    My husband just called Rust. We found our check will be mailed 4/26. We were denied a modification, therefore had to file bankruptcy and lost our home while in bankruptcy through Chase. He asked the young lady if there were any errors found in the review and she says “not that I know of!” That worried me. Probably looking at $500. A real nice slap in our faces!

  514. KahunaKevon 20 Apr 2013 at 10:06 am

    Cheer up TAJR–whomever you talked to at Rust knows little more than you can learn yourself on the OCC and IFR websites and here. They only know when checks will be mailed out–and prior to your message they ONLY knew AFTER your check had been mailed out. The Rust ‘phone people’ are just there as pacifiers at this point–they have no access to your actual file.

  515. Anaon 20 Apr 2013 at 10:13 am

    @ Tonia….sorry to hear about your pictures. I’m sure you have beautiful memories there with your family and they can not take those from us.

  516. normanon 20 Apr 2013 at 10:23 am

    Are people who sent in paperwork get more ?

  517. Joanon 20 Apr 2013 at 10:42 am

    I believe everyone is frustrated but please lets not attack each other and focus on the real enemies the Servicers who treated us all wrong. I believe the frustration whether you were in bk Chapter 13 or 7 is as Barb stated, we all will not know what category we were placed until the check is in hand. Most if not all of us in bk counted on the being in category 4 but based on comments of individuals who received checks, that may not be realistic especially when you look at the small number of individuals in that cateogry.

    However, I am concerned that since the Servicers put us in these categories and mine was Citibank, there may be special stipulations for cateogry 4, i.e. you may have had to be in the bk and a Motion of Withdraw from Stay was not granted and the Servicers proceeded with foreclosure. They also listed for catefory 4, “In process” and “Rescinded” and who knows exactly what that means. My point is just we all do not know and are second guessing until the check arrives.

    I was hoping for for cateogory 4 myself, but now I am truly believing it will only be $500, who knows.

    Please let us stay strong.

  518. DDon 20 Apr 2013 at 10:46 am

    Reading through some of the internet information about the Independent Foreclosure reviews. Here is a breakdown of the number of people that requested a review by May, 2012. There were 495,000 requests by Dec 2012.

    Feb – 90,000 Requests
    Mar – 121,000 Requests
    April – 136,000 Requests
    May – 165,000 Requests

    If only 100,000 cases were reviewed, you would have needed to submit your request by Feb/March, if they reviewed cases on a first-come-first-serve basis?

    I called Rust. My payment will be in the 2nd Wave. BOA – Michigan. I was denied a modification.

  519. KahunaKevon 20 Apr 2013 at 11:06 am

    Joan is right–these past 5 or 6 years have been very trying for us all. Filled with frustration, fear, anxiety, reluctance, humiliation–and probably most of all…the endless waiting through all of this, it has made us all edgy, uncertain, untrusting and sorrowfully–less compassionate and more brazen. Now just the simple act of communicating with others in similar predicaments is refreshing regardless of the reason–it has been not unsimilar to coming out from hiding after a particularly harrowing event and seeing other survivors for the first time. Not to be negative, but we can’t even assume we are in the right category if after the IFR review many files went unseen or reviewed by their own admission–I know I personally fit into more than one as I’m sure do others. As someone else noted–I am looking at this payment, whatever amount it is–as a simple down payment on the rest yet to come!

  520. Patrickon 20 Apr 2013 at 11:06 am

    I call rust and they gave me no information. What number are you guys calling that they are giving out the information you are saying. They have no idea when my check will be mailed. How are you getting the info. I have called numerous times only t be told we don’t have any information when your check will go out

  521. Margoton 20 Apr 2013 at 11:56 am

    I think we were random

  522. Margoton 20 Apr 2013 at 12:01 pm

    bye the way I haven’t received my check yet and I did not call to find out when is going to be mailed, I know is going to be in between $300 to $500.

  523. Cook Danaon 20 Apr 2013 at 12:35 pm

    #Patrick… just called Rust…. I was actually “transferred to a specialist for my bank” (Wells Fargo) I use the term specialist loosely (lol) She said confirmed that my check was mailed out in the 2nd mailing ( August 19th). However… TO ALL OUT THERE…. She had NO CLUE as to how the remedy of correcting credit reports and Individual Servicer records were going to be done. In fact, she was unaware of this point at all! (sigh) In some cases, getting the credit reports corrected and backed out is as important because it will allow many of us to get another and better mortgage is we wish. GOod luck everyone!!!

  524. Joanon 20 Apr 2013 at 12:53 pm


    Just called and my check was mailed. Call Rust and ask specificially if your check was mailed. If not, and I have not been lucky as others depending on who you speak with, they may advise you if you are in another wave. Good luck

  525. Waiting in kson 20 Apr 2013 at 12:56 pm

    Just called Rust. They would only tell my that my check will be mailed out on the 26th. Wells Fargo, modification denied. Did a shirt sale and relocation assistance was not provided.

  526. Aimeeon 20 Apr 2013 at 1:05 pm

    I’m thinking they are mailing checks out based on banks, I am with hsbc and was in chapter 13 when they tried to foreclose on us a second time and was just told this morning our check will be mailed out 4/26. I have not read anything listing hsbc paying out yet.

  527. Janet Woodson 20 Apr 2013 at 1:11 pm

    @ Patrick, I think it just depends on the representative you speak to. When I called a few days ago the guy did not give me any information as to when my check would be mailed. He only told me he had not been issued and could be issued anytime between now and August. Called today and without even asking the rep indicated that my check should be issued next week, April 26. My bank was EMC which falls under JPChase.

  528. Reneeon 20 Apr 2013 at 1:12 pm

    I’m completely ignoring and will not address the comment directed at me about minding my own business and discouraging people because my post was not directed towards anyone else. I was only offering clarification of the criteria for the BK category because not everyone understands the legal terminology contained in it. If you don’t like my post because by reading it you’ve realized you may not fit the criteria for that category after all, then by all means continue believing you were completely correct in whatever you thought before you read my post (hell, you probably have about the same chance at getting the amount for that category whether you really fit in there or don’t anyway!). My post was only meant for people trying to determine where they “should” be categorized.
    But just a note about searching for your foreclosure or auction dates online: Many people are reporting that when they googled their own name, they used to be able to find their foreclosure notice as it was printed in the paper (as is required by law). But just in the last couple of weeks, this information has disappeared, just as the word “foreclosure” has disappeared from some credit reports. So if you need to find the info to check on dates or to take to an attorney to discuss the possibilty of a lawsuit, don’t give up just because you don’t find it online. They may be working to edit, adjust, delete info for the very reason you need it (very simple proof they broke the law). If you had an auction date, it was printed in your local paper and THERE IS a copy of it to be found. It may be a little harder to find, but it shouldn’t be that difficult. The initiation of a foreclosure can be deleted from your credit report or the auction date excluded from search results, but proof of it still exists but the where, depends on your state’s foreclosure procedures.
    Again, my point was this:
    Lenders not offering modifications, not approving loan mods, losing paperwork again & again, etc. is all unfair and whatever you want to call it….but it’s not necessarily “illegal” (this has nothing to do with my opinion of who deserves how much compensatation or why!)
    Lenders telling people not to make payments, telling people they’re approved for mods then saying they’re not or changing their minds, etc. is all unethical to say the least and possibly illegal, IF you could actually prove it in court (which is very unlikely…even if you had recorded every conversation, their attorneys would swear it wasn’t your lender you were talking to).
    BUT! If your lender did initiate or complete foreclosure while you were under the protection of BK without getting approval from a judge, they not only BROKE THE LAW, but it is very easily proven in court. IF that is your situation, you really should sue them!

  529. Janet Woodson 20 Apr 2013 at 1:18 pm

    @Donna, if you did not submit a claim form, you will not be included in the National Foreclosure Settlement. I called and this is what I was told.

  530. Danion 20 Apr 2013 at 1:23 pm

    I wouldn’t even know what my check amount was because even though I changed my address on file with them close to a month in advanve they STILL sent it to my foreclosed address.

  531. tristaon 20 Apr 2013 at 1:35 pm

    Thank you everyone when I read what you all write I feel normal. My husband thought I was nuts because I kept all my papers (lots of papers) there are so many of us wondering what will well get where do we fall in all of this. But at least where not alone. And it has helped a lot to share .

  532. jmon 20 Apr 2013 at 1:38 pm

    I am with WF and have called them several times and gotten several difference reps who tell me there is no scheduled date listed. I am wondering if maybe some folks have not been scheduled yet for pmts to go out.

  533. Patrickon 20 Apr 2013 at 1:44 pm

    Just called rust and was told today my check went out yesterday. Thanks hopefully it won’t be 300. I was one of the original to request the review.

  534. darleneon 20 Apr 2013 at 2:31 pm

    Does anyone here think that the banks will properly handle any of this? If you’re on this forum, you’ve dealt with them. You already know the story and how they work…from incompetency to ruthlessness. They haphazardly put together a system which terrorized us during the early years of this debacle. They have given a few loan modifications beginning last year when they were forced because of the national mortgage settlement et al. There has never been one moment when they accepted responsibility or helped without being aided themselves. They created an economic mess, and then more of a mess when they refused to help homeowners with the blessings of the treasury secretary and started foreclosing at such a pace that no one could wrap their heads around it. Their loan modification process was not designed to help us as the Inspector General for Tarp, Neil Barofsky tells in his book Bailout. How could we expect modifications if their entire system was not to work in our favor in any way. There is the evidence. Mr. Barofsky oversaw the program and wrote a book about it and the corruption of it. That book, by the way, came out last year, 2012. The only way any of us could even get $300 is thru legal proceedings or the threat of legal proceedings. It would be a good thing although I don’t know how feasible, if we could compile a date base of us. From loss to stories, dates, etc. Its the first time I’ve actually seen so many online who have experienced the same economic and emotional trauma.

  535. TAJRon 20 Apr 2013 at 2:35 pm

    Thank you for your feedback. I’m pretty sure what you’re saying is true especially because of privacy concerns, but the whole thing is just so frustrating! There really is no monetary “reward” that can make-up for what everyone has gone through. It’s just so unbelievably ridiculous that they are not giving us the courtesy of providing basic information such as: (1) How much the check is for and (2) when the check will be mailed. After all, the decisions are final and there is no appeal process (according to the q&a section).

  536. darleneon 20 Apr 2013 at 2:44 pm

    well there is no appeals process but the IFR is filled with corruption and there is no way it is going to be shoved down our throats. The senate already held one hearing and those attorneys filed for info re the independent review consultants and you can bet they are gonna find shenanigans. does anyone here really think that the banks just spent 2 billion dollars for consultants to review 100000 loans and someone is not getting their palms greased? Not a chance. There may be no appeals process for this, but I suggest we just start over. Deposit these checks, continue to compile evidence, and then go after them for the corruption of this review.

  537. KahunaKevon 20 Apr 2013 at 2:53 pm

    The big banks are counting on the 4.2 million beneficiaries of this first wave to take our small checks and then lack the ability and resources and manpower to mount a civil action response. Thinking there is no way we can coordinate and spearhead a response to gain a foothold–they are also counting on us ‘sheep’ to accept the media’s response as gospel that they are ‘too big’ to tackle. They underestimate us. Even now there are massive groups of alliances forming to mount a legal assault to bring them to their knees by small people like you and I. Keep reading and stay informed. We have only just begun–I personally lost 3 brand new homes in the last 5 years, and can only count one as a primary residence. I am in this for the long haul–and I’m pretty sure I have a majority following. Stay tuned. This is going to get good in 2014! Kevin

  538. Mariaon 20 Apr 2013 at 3:55 pm

    @ Donna and Renee – thanks again for your insight… I started googling my house and I can only find how much it was sold… Trying also to put my loan number with BOA and of course no returns noted on my search… I know for a fact that the buyer told me he bought my house in an auction at 130,000 then he turn around and sold it for 162,500… if anyone can tell me where to go to check all the important information I would definitely look into it… BTW I did not file for BK, just plain asking for a modification, thought all is well since BOA never asked for any additional doco, and then boom house was sold in an auction… I can check with a newspaper if they can trace if the auction was publicized way back 2011… any input will be much appreciated… KEEPING THE FAITH!!!

  539. Mariaon 20 Apr 2013 at 3:58 pm

    BTW – deposited our $800.00 check from BOA without a hitch into our saving account today…. teller did not say anything so I am crossing my fingers that it is good…

  540. lakeon 20 Apr 2013 at 5:00 pm

    Maria- our stories are similar. Did you get your check today? I’m with BOA- told I’m in the April 26 wave. I figure I’m in the $800 but can’t discern why I didn’t already get check. Rep told me this morning that checks go out via categories based on error. Hmmmmm

  541. paton 20 Apr 2013 at 5:02 pm

    Called Rust yesterday and at 4:00 pm Illinois time. Was told that no check was issue for my account in the second wave. Called back this morning to see at least what wave I was in and was told a check been sent out yesterday for me. Will post next week if I get a check and let everybody know what payment is. I was with National City that went to PNC .

  542. Reneeon 20 Apr 2013 at 5:22 pm

    @Maria ~
    It depends on what state your property is in, but you may try going to the website for your local paper and searching your name and address…. Also, look on some of your mortgage paperwork or possibly your tax ticket for the legal description of your property, then use the 1st 6-8 words ro do an advanced google search specifying “matches this exactly” or pick out the same number of uncommon words in it and specify that search results contain all those words…. If someone else bought it, that legal description should have been publicly printed showing a transfer from the trustee of your servicer to the new buyer along with the amoount he paid, in addition to having been advertised prior to auction. Not all newspapers put everything they print online, but many county courthouses are online now. If all else fails, go to the courthouse in the county your house was in, tell them what you are looking for and they are usually more than happy to help find it and can do so very quickly.

  543. tonyon 20 Apr 2013 at 5:38 pm

    no information about my check

  544. Tony2on 20 Apr 2013 at 5:52 pm

    Me too. I’m in GA. Was told I’m in third wave on Tuesday. I’ll post update upon receipt of check. I actually received confirmation letter from IFR dated 9/28/12 corfirming receipt of request and that I was being reviewed.

  545. cicion 20 Apr 2013 at 7:13 pm

    If they really reviewed cases I would of gotten more than the 300.00 check they sent. DONT try to figure out how much your getting. They are just throwing check amounts out there. Im in Fl and had Wells Fargo Most people will get $400.00 and under so if you get more feel blessed but dont expect it because like I said there is NO WAY THEY REVIEWED 4.2 million cases this is a JOKE!

  546. Margoton 20 Apr 2013 at 7:38 pm

    is like lotto winners, I agree with you cici

  547. Shason 20 Apr 2013 at 7:54 pm

    We are all in this together
    Renee: Information is power keep writing
    Still waiting for my check

  548. Gerardoon 20 Apr 2013 at 7:54 pm

    “Banks Wrongfully Foreclose: Get a Slap on the Wrist”

    Read this helpful article at:


  549. Gerardoon 20 Apr 2013 at 7:55 pm

    “Banks Wrongfully Foreclose: Get a Slap on the Wrist”

    Read this helpful article at:


  550. Mariaon 20 Apr 2013 at 7:57 pm

    Thanks again Renee… I will definitely look into this…. not sure if you all remember me talking about a friend of mine who literally not paying their mortgage for more than 3 yrs now(BOA), filed BK – and now I found out he received $1,000.00 and did not even ask for a review… according to the chart from the link I posted couple days ago, he landed to the $1,000 that are for folks that the modification was denied (did not request for review)…. he said looked like his modification went thru because now he is paying 2,300 instead of over 3000 before that he did not pay for more than 3 yrs… how about that…. but he said no paper work yet from BOA if modification is indeed approved…. mind boggling….

  551. Shason 20 Apr 2013 at 8:07 pm

    You might want to try http://www.zillow.com then type in your address
    and go to detail.
    I think you can get the information you might be seeking

  552. Patsyon 20 Apr 2013 at 8:39 pm

    It looks like a lot of us are wondering how they are mailing out the checks, i.e. in alphabetical order? or by amount? smallest amount to largest amount? ETC. My thought is perhaps, they are saving the large amounts for a later mailing so they (the banks) can earn more interest on “their” money before mailing the larger amounts? Any thoughts on this theory?

  553. Reneeon 20 Apr 2013 at 8:50 pm

    @Maria ~
    One more tip for googling I meant to give you too…. Use the search tools and set a “custom range” on the date to narrow down your results better. You don’t want to try to be too exact because it’s hard to know how dates are determined. For example, if I were searching for my auction notice and I think it was in 2010, I’d start out setting my date range something like: “from 01/01/2009 to 01/01/2012”. You can always narrow it down more or play with it to see, but limiting results to a 2-3yr timeframe is usually kicks out enough of the garbage.

  554. Mariaon 20 Apr 2013 at 8:52 pm

    @ Shas – thanks for the info… this is the only thing I got when I did what you said above…. I know this facts already that it sold to an auction for 130K then it was sold for 162,500 by the person who bought it from that auction….

    Date Description Price Change $/sqft Source
    04/15/2011 Sold $ 162,500 24.7% $110 Public Record
    03/24/2011 Sold: Foreclosed to lender $130,300 5.1% $88 Public Record
    09/28/1995 Sold $124,000 — $84 Public Record

  555. Bsmomon 20 Apr 2013 at 10:15 pm

    Patsy, lets hope that is how they are mailing them but, I doubt it! I have not heard of very many people getting their checks from Chase. I think they are going by different lenders? Who knows.

  556. Gerardoon 21 Apr 2013 at 6:39 am

    Patsy…make sense.

  557. Gerardoon 21 Apr 2013 at 6:41 am

    Everyone look at this..

    “Banks Wrongfully Foreclose: Get a Slap on the Wrist”

    Read this helpful article at:


  558. Donnaon 21 Apr 2013 at 7:35 am

    @Maria. The Title company that handled the sale at auction will have ALL the info you need. They will have a copy of the closing docs that have every bit of info you need to find out if there were any proceeds due to you after the auction sale and they will know how to go about claiming it. It’s not that long ago so they should have no problem looking up the information. You can find the name of the title company in the Notice from the newspaper.

  559. CJon 21 Apr 2013 at 7:44 am

    I don’t think there’s any rhyme or reason to the coding. Although it has been confirmed that the letter on the outside of your postcard does correspond to who your services was…

    My code is 100W0449670-0298-909-00

    None of those numbers mean anything to me….

    I am in Michigan. Haven’t received a check yet.

  560. erinon 21 Apr 2013 at 7:50 am

    Yes, I received letter/ form. Filled it out and submitted right away.
    Received letter stating I was in review. Next thing was postcard.
    Still waiting. FL BOA

  561. boon 21 Apr 2013 at 8:38 am

    CJ: I am in MI also and my numbers are very similar to yours:

    100W0450236-0298-909-00. So, the only difference is the six digits after the W (0450236). I haven’t received my check either. Let’s see if we can decipher those digits.

  562. boon 21 Apr 2013 at 8:45 am

    Sorry, seven digits. But the zero seems to follow every W.

  563. Mom2on 21 Apr 2013 at 9:13 am

    Mine is 100w also, still no check

  564. Jwillon 21 Apr 2013 at 10:01 am

    My postcard also starts with 100, but then there is a J (Chase). Still no check but when I called, I was told it would be mailed in the third wave on 4/26.

  565. Jillon 21 Apr 2013 at 10:11 am

    There are no words to describe what has happened to everyone. Im not counting on a large check because over all we all should have received a check for 20% down on an average cost of a new home. That is what real compensation should have been, reguardless of what catagory they chose to make up and file us in. EVERYONE should contact your local news stations, flood them with calls and lets make it a national story. If you really really want something to happen call call call call your news stations. This is a story this is real and this is not something we should just let go thats whAt there counting on. I contacted all news stations in Chicago and now that i know checks were not good im going to contact them again and again untill someone listens. If enough people call then they have no choice but to be interested in what is going on. Im in for the lawsuit of a lifetime and i have every legal document court file and information proving they filed illegally against us and how are the OCC and the federal reserve as well as banks not being sued for FRAUD. This in every legal sense of the term is straight up fraud which according to the FBI and our President and every attorney general ect is not allowed in the good old USA. They have been pouncing on all the fraudulant mortgage preditaors why not the foreclosure review board, OCC, Federal reserve? It has all ready consumed 5 years of my life, heck whats 5 more. Im not quiting till someone listens and does something, then and only then will i let it go. EVERYONE dont quit keep making noise and fighting we may be the little guys but even little guys have big voices. Any Lawyer with the balls big enough to take these guys on step up its the case of a lifetime and as you can see from all these post we have the amo to go get these guys with proof and documentation up the ying yang. Contact me

  566. maryon 21 Apr 2013 at 11:24 am

    I live in Fl. received $6,000.00 on April 16, $5000.00 cleared and $1000.00 will clear on April 26???? Don’t know why it did not all clear at once!! Shocked at the amount, Wells Fargo was servicer, feel cheated that I lost my house after 19 years through the mishandling of several banks!! Will join everyone who wants to set this terrible rip off on the right track. It is about time the MIDDLE CLASS came back!!!

  567. normanon 21 Apr 2013 at 11:51 am

    do anybody know if people who turned in a paper work by
    December 31st got more money?

  568. Veronicaon 21 Apr 2013 at 12:05 pm

    The problem with the entire situation of the IFR is that the LAW did not apply. JP Morgan Fraudulent Chase Bank used manufactured documents to foreclose on my home and the CFPB, and the OCC have closed their eyes to the content. According to the OCC the IFR process was to right a wrong, and to create transparency, however the U.S. Government do not want to break the banks, they rather displace over 4.2 million Americans by taking the “American Dream” (homes) away. We must not let them do this and get away with it. Since when, law doesn’t apply? United we stand, divided we fall. I say with should start by boycotting these large banks that are involved immediately, by taking your money to small credit unions, or smaller banks. We must organize and plan a day to take this scandal directly to the WHITE HOUSE and let them see 4.2 million Americans protesting how they have allowed to be robbed of the “American Dream.” Turn to http://www.YouTude,com and Facebook to organize our plan in every state of these great United States of America. Let’s not let them get away with this atrocity. Boycott ALL of the big banks today; starting Monday morning locate a new small bank or credit union close your account with the big banks (hit them where it hurts). Many of us may not have been taken advantage by BofA, but have been taken advantage by another institution such as JP Morgan Chase, Citibank, Wells Fargo, etc, we need to close our accounts with ANY AND ALL of the banks involved. For example, just because you didn’t get taken by BofA doesn’t mean you should continue to bank with them, because others victims were robbed by one of these institutions that are a part of the IFR; let’s show courtesy to all of the fellow victims that were robbed by at least one of these too big to fail banks. BOYCOTT THEM ALL!! LET’S SHOW THEM WE ARE NOT THE FOOLS THEY THOUGHT WE WERE!! PASS THE WORD…

  569. JCMon 21 Apr 2013 at 1:53 pm

    @Shas I just tried the zillow web site, it said mine is not currently foresale but was sold on 4/12/13 at auction from BOA and also bought back from BOA for a much lower amount? Very confusing, in TN still no check rust was very veig about any info but just said if I didn’t receive by Sept.to call back.

  570. Gerardoon 21 Apr 2013 at 2:24 pm

    Yes VERONICA!!! I agree with you!

    I found a page on FCB where we can start a PROTEST!


  571. Deeon 21 Apr 2013 at 2:36 pm

    Our code says 100O. Our mortgage was with Saxon. Anyone know what O means?

  572. DCon 21 Apr 2013 at 3:02 pm


    This is a site that seems to have everybody binding together to make our voices heard.


    Not to many people will post what they “really” want to on FB since it is linked to your person, instead goto the above and you will find plenty of information and people that know what your going through….

    Repost the site above when and where you can so we can form a positive and informative plan to have what we deserve(a chance at the american dream again).

    I believe we should all have a undisputed mortgage that is in our means.

    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to make our voice heard or nothing will happen!!!

    Thanks for reading:)

  573. Shason 21 Apr 2013 at 3:35 pm

    JCM: yes confusing, not sure what to make of it, they wouldn’t do if it was not in the banks interest.
    Donna stated that information can be gain through the Title company. I will be looking into that avenue.
    Gathering as much info about the sales of our property is a must
    I am sure the banks are circling the wagons shredding, refiling, correcting and covering up everything that could come back to bite them in the ass.
    They have to know that a class action is coming and anything they can do to limit the impact, they are doing it.

  574. pete con 21 Apr 2013 at 3:49 pm

    I agree with DC – those of us that lost our homes to this BS should automatically qualify for a low-interest, no down payment mortgage guaranteed by the government. We pay $1,800/month in rent – we should easily qualify for a mortgage. We’re not bad people but in our mid-forties how are we supposed to save fifty grand again for a down payment?


  575. LeeAnn - so. ca.on 21 Apr 2013 at 3:56 pm

    Being in real estste im able to check tittle any state. Last month my name was on tittle as foreclosed yesterday I looked its nowhere On my old property now. Fyi

  576. LeeAnn - so. ca.on 21 Apr 2013 at 3:57 pm

    It disappeared just like my home did.

  577. Lorittaon 21 Apr 2013 at 4:16 pm

    Trying to contact operation tiger’s den group. I am in Florida. Urgent info for any hsbc victims. Thanks. I don’t see a specific group for my issue. I have a forged mortgage with a forged ARM rider attached. Received postcard.

  578. sassypantson 21 Apr 2013 at 4:28 pm

    # Dee…the letters next to the 100 indicate the servicer of the loan. O must be for Saxon

  579. sassypantson 21 Apr 2013 at 4:46 pm

    Just curious…havent seen anyone receive a check who was with Suntrust. Anyone on this post that was with Suntrust?

  580. Elaineon 21 Apr 2013 at 5:28 pm


    My code is also 100o. With Saxon as well. But….credit report shows wells fargo. Whatever. It’s all a game to the banks, courts and consultants handling the reviews and payments. It’s always the little guy that’s gets s**t on. In my opinion.

    We did not file for a review, we never received any info to do so. And we did not update our address with them. I assume they got it from credit report or court?

    We have not received a check yet and I do not expect it to be anything big.

  581. Kathyon 21 Apr 2013 at 5:44 pm

    The O is probably for Ocwen

  582. Kathyon 21 Apr 2013 at 5:58 pm

    FYI, I have worked in the banking business for 10 years and when the check is more than 1000$ they never clear the entire check right away unless the customer always keeps that amount of balance month to month so there will be a breakdown of about a 10 day. period for some banks for instance: a $6000 check can be a $100 today $2000 in 2 days and the rest in 5 business days @ Mary I hope this helps answer your question.

  583. Kathyon 21 Apr 2013 at 6:02 pm

    Also for those of you without a bank account you can always cash at the bank which the check is payable by. Also, they can verify availability for those who are skeptics and do not want to deposit in their own accounts. There may be a fee to cash but it may be lower than a cashier. Hope this helps.

  584. Barbon 21 Apr 2013 at 6:34 pm

    its all just a bunch of crap I think the banks targeted federal loans because they got paid full pay offs by our federal government all tax payers rich or poor should be pissed we owed 128000.00 fha paid boa the whole 128000.00 then they turned around and sold it for 16000.00

  585. Jeffreyon 21 Apr 2013 at 7:03 pm

    At least you all got something. I did not receive a check as promised. I will call Monday to see if they are going to send me my 300 dollars.

  586. Joeyon 21 Apr 2013 at 7:15 pm

    It appears I am on this boat and still trying to figure out the angles of these cheating avenues from the bank. It appears my loan in PA was being directed by an attorney who was paid by Wells Fargo to conduct scandalous procedures so banks could acquire foreclosures rapidly and push through the acquisitions for a quick dumping of the real estate.. I’m able to acquire the record of sale under my name from the Sheriff’s Sale. We tried multiple options with the bank and beginning with the Liquidation Dept on a Short Sale.. Unfortunately, they appraised the house at a higher amount then what it was actually worth. During the 30 days under the short sale we had no luck.. In turn I listed the property under free listings by myself only gaining attention from renters. This was not an option I could agree on with my partner. Since we could not sell the house through our on means we kept getting threatening letters from the attorney Wells Fargo Hired giving us another option to process a Deed in Lieu which they denied at first but giving us another option to reapply and we did. The second attempt the Liquidation Dept moved our file and could not give us a complete idea on where it went.. We written Hardship Letters, etc but no luck on our end. They kept pressing the Sheriffs Dept to keep showing up on the door with more paperwork almost every other week.. The loan modifications were denied every time we called and called. I’ve kept these emails and communications on file with being upset with the lack of communication on Wells Fargo’s behalf.. In the interim I lost everything starting with my family, car, and then later my home. Wells Fargo just did not want to work with us to figure out our options and sent me through a horrible experience… Finally, they foreclosed on the property and continued with threatening letters from the attorney’s office. Since it was not the best time in my life I look at this nonsense we are all faced with and wonder where we stand as a voice to get what we all deserve.. After the foreclosure they appraised the property at about half of what was appraised 6 months earlier when trying to do the short sale. What a shady move.. When the Sheriff sale took place they transferred the property to the Secretary of Housing and Development and listed the sale for the Sheriff Dept at 2000 dollars.. It sold and I could do nothing to save the property.. Looking back on all records from the county and I do not exist in any document only the sheriff sale record. The funny part is was that directly after the sale it was appraised about half of what we were appraised for during the short sale. The lawyer was accused of fraudulent activities and remains in business today.. Wells Fargo did not work with us to the fullest extent I believe they should have including assistance with modification. All I wanted was to save my credit, home, job, and family… Lost everything and had to move in with my family.. Thank the lord I still had them… Now I have a judgement on my record with the county and the person processing the judgement was charged last year for fraud.. She would not assist at all with removing the judgement after trying so many avenues.. Obviously, I could not afford to pursue a lawyer at the time. Now I am on track in life but all of this nonsense brings up a very depressing moment of my life.. I’m in the 2nd wave but knowing how much I was dealt with I can only imagine a 300 check since I live in another state now I never received any paperwork to submit.. Although, I ensured Rust had my correct address and received the postcard.. We all deserve our homes and fair compensation for this manipulative activity… Did anyone receive a check yesterday as they were sent out Friday for Wave 2.. It is not fair that the government cannot assist everyone on what category they fall under or provide compensation details.. The Federal Trade Commission should be stepping in not allowing such undisclosed information to the american people.. We deserve to see our specific court reviews through OCC and Federal Regulators.. This random surprise mailing is not a proper procedure for all of us.. Wondering what level I fell under for this review????

  587. Joeyon 21 Apr 2013 at 7:47 pm

    Phelan Hallinan & Schmieg – NJ
    Wells Fargo Attorney

    Schmeig – Attorney (King of Prussia, PA)

  588. CJon 21 Apr 2013 at 7:56 pm

    Yeah, the code is def something geographically related vs monetary payout related. I’ll be checking my mail like a hawk until the check arrives. I will post as soon as I receive it.
    I did fill out the review, and we were foreclosed on after completing a loan modification, with WF l

  589. Andrewon 21 Apr 2013 at 8:00 pm

    The foreclosure review was never about you. The banks knew they had bodies and bones buried everywhere from the people they had scammed, taking their life saving, pensions, making them believe they could keep their homes. It was about pretending like it was independent to keep you all out of court until the statute of limitations ran out. It was about loss mitigation, just like their pretense at loan modifications. Now its too late to file lawsuits. The banks know that, so have fun with your little dollar bills because you have been played.

  590. Kelly Joon 21 Apr 2013 at 8:13 pm

    Has anyone received a check from Litton Loan? Did anyone else have their loan serviced by Litton? I’m in Idaho – haven’t received a check yet.

  591. martyon 21 Apr 2013 at 8:44 pm

    This is an informative post and the comments are very enlightening. Most everyone on here knows how horribly criminal these banks have been and knowing the Federal “regulators” are aiding and abetting them makes it worse.

    But, please – for the sake of other readers – Knowing that this review was cut short to keep the extent of the fraud from public knowledge and (especially if you watched the Senate Banking Committee testimony on the settlement) that it is almost completely by chance how we end up in the categories we end up in….

    It may help someone to vent, but there really is no gain to anyone from these long……very long……and minutely detailed accounts of your foreclosure and its whole history from the day you signed the papers at closing, recounting every step of every thing that happened, every thing you mailed them and when, who you talked to on every phone call, what you told them, what they told you, when you made what payment, etc, etc….

    They cut off this review and sent out money and stopped looking for individual harm. Does it matter now exactly what transpired over the years of your dealings with the bank? It may if you privately sue them, but I am guessing that many if not most people on here just stop reading once they see one of these looong posts detailing every single piece of your story going back over 2, 3, or 4 years.

    We all sympathize with each other, but in a sense the details don’t matter now on this forum – for your lawsuit, yes.

  592. Barb-from CAon 21 Apr 2013 at 8:57 pm

    I have/had HSBC….what news do you have?

  593. Joeyon 21 Apr 2013 at 8:59 pm

    Your absolutely correct Marty… In fact, all others please ignore the posts and questions related to the details I posted. I’ll email the owner of this content to remove… Good luck…

  594. Jaimeon 21 Apr 2013 at 9:13 pm

    @Kelly Jo
    Litton aka Goldman Sachs, does not have “payment” agreement details yet, and are not sending out checks yet. Information for borrowers of Goldman Sachs and Morgan Stanley(Saxon) will be posted by the FRB soon, according to the OCC site.
    Litton was my servicer also.

  595. tristaon 21 Apr 2013 at 9:44 pm

    Wow what was that about?

  596. Tonistlon 21 Apr 2013 at 11:10 pm

    We need to support one another . This ordeal has has been more than enough to endure.

  597. nadiaon 21 Apr 2013 at 11:40 pm

    I have litton as my servicer and on my postcard
    Said I will receive my money in about 4 to 8 weeks
    So we are almost there people . Just trust God that
    He has a big big check for us ok.:)

  598. Calvinon 22 Apr 2013 at 4:56 am

    Has anyone received a check or information from PNC yet?

  599. Gary Mon 22 Apr 2013 at 5:07 am

    any one from mich get a check yet, good luck all

  600. thomason 22 Apr 2013 at 5:13 am

    no iam still waiting on pnc to

  601. CJon 22 Apr 2013 at 5:42 am

    @GaryM. I don’t believe I’ve seen anyone from Michigan on any forums indicating they’ve gotten a check….. I’m from michigan too.

  602. Donnaon 22 Apr 2013 at 6:04 am

    To all who post here, in response to Marty’s post, feel free to post whatever details you want to share. If we don’t want to read all of it, we won’t, but for some of us it helps to feel that we did not go through this ordeal alone. It also helps to unload some of the trauma from years of this hellish nightmare that we cannot unload face to face because of the shame that we experience, shame not unlike that of a rape victim. So, feel free to post what you want. If I don’t want to read the details I will simply skip over it. It’s a free forum that nobody posting here has the authority to control what details you choose to share.

  603. LIZon 22 Apr 2013 at 6:12 am

    I was told Friday my check was mailed, HSBC, I’m from Michigan.

  604. Donnaon 22 Apr 2013 at 6:23 am

    Good luck to those checking their mail today. Keep us posted.

  605. KahunaKevon 22 Apr 2013 at 6:27 am

    Thank you for sharing the short sale information Joey. I did not pursue that option and was unaware of how they worked. Please leave your posts up and I would encourage everyone to visit, foreclosurevictims.freeforums.org and share your stories and insight there again. Thanks and good luck. Kevin

  606. kishaon 22 Apr 2013 at 6:35 am

    Good morning everyone,
    I have been reading the blogs, and thank you all for posting information. I here some of the similar stories like mine I had chase and they just have been very crooked, I think we should write the president, our state representatives, and file complaints. because it seems at this point its just hush money and to hell with all the hard working people trying to work and keep there homes. I called the IFV which I know would get me know where, but I did, I didn’t get any info when asked about when will payments be mailed, I got recorded baloney, seemed like she was scared to say anything. I still haven’t gotten a check and I was with jp morgan chase, (maybe they put on there that I had recorded phone calls before like I had to do when talking with chase reps about my mortgage, lol) oh well, she also could not answer any other questions either. told me to keep checking back, check my mail and she was sorry, of course I had a list of questions, like (1)what will happen with my credit report, (2)what about those fraudulent charges they added , and (3) what extra help they claim will be offered and so on. they claimed earlier when we first heard about the settlement that someone will be contacting us, I guess not. well I am in Louisiana and still haven’t heard anything yet, so people with chase please keep posting your experiences too, it is helpful to all. and on my post card the numbers end in 02 but none of the other numbers are in any relation to anything, I did see a similar number in another post we had a difference of a few numbers. oh well still waiting

  607. kishaon 22 Apr 2013 at 6:42 am

    and to add on she did say I was eligible to receive a payment, but could not tell me when I would receive anything. she kept looking over the account saying uh,huh, uh huh, uh huh, and putting me on hold. I called on a Saturday, somehow I guess it was not busy that day and I got through.

  608. Elizabethon 22 Apr 2013 at 7:37 am

    I called Rust this morning and was told my check was mailed out in the second wave, April 19. My loan was with Citi and I was denied a modification. As stated in earlier posts just keep calling Rust until you reach a phone representative that will give you the date your check will be mailed out. For Rust City Mortgage the phone number is 888-277-8969. I’ll post again with my check amount, good luck to all.


  609. Mellissa Don 22 Apr 2013 at 7:56 am

    Called the Rust Consulting firm today and I ask THIS QUESTION
    I know you can’t give me the amount of the check and what group In, but can you please tell me it the check will be high or low and if you were in my shoes would you be happy, sad, or very happy.She replied the numbers of the check will be single digets and if she was in my shoes she would be very happy. She also stated that i’m in batch 2 and my check was mailed out Friday April 19/2013. And those of you who ask for a independent review you will also be getting a secound check, i’m one of those eligible borrows who sent the paper work back on theNational Motgage Settlements back in October 1,2012 when i received the paper work. the toll free number to call to see if you are eligible to received a secound check is 1866-430-8358

  610. LeeAnn - so. ca.on 22 Apr 2013 at 8:19 am

    Melliss D, congrsts. Be dure to keep us informed when u get check,servicer and catagory. Its nice to read something good. Im so excited for you.

  611. boon 22 Apr 2013 at 8:27 am

    Just received my slap-in-the-face check ($800) today. I live in Michigan. It’s not over with those crooks. Good luck everyone.

  612. Gary Mon 22 Apr 2013 at 8:33 am

    I”m with Chase (what a bunch of crooks) Bernie M is laughing at all of us,pointe is keep sharing a problem share is a problem cut in half we have to laugh to keep from crying,Good luck too all will post when i get CHECK LOL

  613. Tiredofthisprocesson 22 Apr 2013 at 8:39 am

    Hello. I was told my check is being sent in the third wave 4/26. I was in active Chapter 13 when the forclosure took place. property was in Nebraska I now live in Central Fl. Wells Fargo. I’m praying for a large check. I wish we all could have been compensated fairly for this whole ordeal.

    Good luck to all.

    I”ll update when I finally get a check:)

  614. LeeAnn - so. ca.on 22 Apr 2013 at 8:42 am

    To the folks trying to decipher the codes, I have 2 loans thus 2 postcards so it is obvious that one set is in sequence of issuance.


    W=Wells Fargo. Hope this helps.

  615. Holly Mnon 22 Apr 2013 at 9:03 am

    Got my payment today. 300.00. Not what I expected but happy its over. I also qualify for NMS. Hopefully thats more. Im glad its over. Sigh

  616. sassypantson 22 Apr 2013 at 9:12 am

    # LeeAnn…thanks for sharing this info…the nbrs that you x’ed out…are they exactly the same from one loan to the next?

  617. LeeAnn - so. ca.on 22 Apr 2013 at 9:17 am

    @sassypants – yes both postcards have identicle #’s on the x out part.

  618. NJon 22 Apr 2013 at 9:17 am

    I call Rust today and was told my check will be 4/26.
    I’m with BOA from Oregon and did filed for a review.
    My home was foreclosed after making the 3 trial MOD payment.
    All my payment was western union.On the 3rd payment got a letter from western union to come pick up my $ because it was just sitting there.Went to western union and was told the $ was pick up by the other party.A week later got foreclosure letter to appear in court and was told the home was already sold so I had a week to pack up and move out.

  619. charleson 22 Apr 2013 at 9:23 am

    Called rust today was told check to go out the 26th.I was with BofA in florida.Will update amount when recieved.

  620. Nancy Brownon 22 Apr 2013 at 9:24 am

    I am sure I was a surprise to the Rust rep today. I called in and spoke to a very sweet girl and my goal was to be as sweet as I could rather than angry as I am usually. I gave her my version of the “James” script: “I spoke with James last week and he told me to call back today to confirm I was in the 2nd wave. Did my payment go out Friday the 19th?” She said “No, in fact your payment is going out on the next wave which is the 26th.” So now I wait for my $500 slaps in the face to arrive! I have Citigroup.

  621. Jessicaon 22 Apr 2013 at 9:26 am

    Received my check today. $1,000. Better than the $300.00 I was certain I was going to get. Good luck to the rest of you.

  622. Tracyon 22 Apr 2013 at 9:33 am

    Just got my Check and it was for $6,000 so glad the wait is over good luck to all

  623. Nancy Brownon 22 Apr 2013 at 9:35 am

    Great news Tracy!

  624. Kathyon 22 Apr 2013 at 9:38 am

    Received my 400 slaps today!!! What a crock of Shiz I did call for a review, I did fill out the paperwork and sent it, I also completed 3 trial mod payments as I said in an earlier post this worst than I ever imagined I can’t believe that they would make some of us re-live this horrible feeling of being robbed of our dignity and our homes…

  625. sassypantson 22 Apr 2013 at 9:39 am

    #MelissaD – Called National Mortgage Settlment # that was posted. I was with Suntrust so I’m not included. I guess for NMS it was only 7 of the larger banks. =0( But happy for you! Thanks for sharing phone nbrs and info everyone

  626. PAXon 22 Apr 2013 at 9:45 am

    Has anyone heard when the folks with saxon might receive a check? I don’t bother to call rust, they don’t appear to want to give out more lies. As far as I’m concerned its been nothing but a big lie from the start. My whole life I always believed that banks could be trusted, what a mistake. My family and I have moved on and are very happy, we will only deal with local banks from now on. I may just frame the check and hand it on to great grandchildren and hope it will be worth something to someone on e-bay someday as the “Great Rip Off of American Homes” any bidders out there???

  627. Mellissa Don 22 Apr 2013 at 9:46 am

    Thanks Lee Ann , I will keep you all posted on the amount that i’m going to get. Oh and the bank the ROBO SIGN on me was JOMORGAN CHASE.

  628. Rufinoon 22 Apr 2013 at 9:46 am

    Best of luck to all,

    Update Florida ,Orlando no check in mail yes was told it was mailed on 04/19/13. Will keep you all posted.

    1- serviced by Litton

  629. Mellissa Don 22 Apr 2013 at 9:59 am

    PS, Did any of you check your credit report to see if your MORGATGE company corrected your credit report. Well i pulled my credit report and my husband and on it it says account paid in full 0 balance, so it’s like we never had a bad loan thanks god for that. And if you have’t check your credit report you can go on line to http://www.annualcreditreport.com, this is free you can pulled all three credit report with no charge once a year for free.

  630. Nancy Brownon 22 Apr 2013 at 10:03 am

    I called Rust 3 more times this morning and asked if they were in my shoes would they be sad, happy or very happy. They all said they would be happy with ANY money they got. So, I believe it’s definitely a small check!

  631. JTon 22 Apr 2013 at 10:13 am

    A little humor during this dark time…spoof on Sen. Elizabeth Warren questioning Rust Consulting:


  632. Oliver Jon 22 Apr 2013 at 10:30 am

    Hey Tracy was your check part of the first or second wave

  633. Donnaon 22 Apr 2013 at 10:32 am

    Received my $400.00 check today, live in Washington State with JPM and I filled out for the review. Does not make sense how I fell into that Catagory but not suprised how they do anything. Disappointed like many but nothing I can do about it. ):

  634. Tiredofthisprocesson 22 Apr 2013 at 10:44 am

    There’s an article on E credit daily. Someone added a comment they received a check for 62500 from JPM Chase

  635. CJon 22 Apr 2013 at 10:47 am

    Just came home to our $300 check today. What a joke.

  636. Kateon 22 Apr 2013 at 10:51 am

    Just got my check $6000.00 BOA was expecting higher i was in chapter 13 bankruptcy when foreclosed upon. But its better than $300

  637. Tiredofthisprocesson 22 Apr 2013 at 10:52 am

    Article is:

    Payouts Expected in April from ‘Foreclosure Review’ Fund, Regulator Says

  638. JTon 22 Apr 2013 at 10:56 am

    Our check came today – $400.

    We were with BOA, and we’re in NY.

    The category we should have fallen into was “filed suit without legal standing”, which was in the old payout schedule, but removed from the new schedule. So I suppose we’re in “other” now.

    We’re very fortunate and extremely grateful to still be in our home, after a very difficult three year legal battle. Our case was dismissed and they haven’t refiled (knock on wood!).

  639. Kateon 22 Apr 2013 at 10:57 am

    I thought the letter was suppose to state what catagory? I have no clue what catagory im in with $6000.00 ? I did file review!

  640. Kateon 22 Apr 2013 at 11:00 am

    Trust me im not complaining after i see people post low amounts but i think the way they allocated the money is totally unfair!

  641. Mom2on 22 Apr 2013 at 11:01 am

    I am PO’d. Denied loan mod 5x, requested IFR, 2 years in battle with WF to modify loan. received check for 500.00. WF was my servicer. Pissed off in MD.

  642. Ginnyon 22 Apr 2013 at 11:08 am

    Rec. check today of $300 from BOA – in Iowa.

    I have no idea what category they would have placed me in. Chapter 13 bankruptcy, but then short sold my house.

    Good luck everyone else!

  643. Ginnyon 22 Apr 2013 at 11:09 am

    p.s. Not real happy with amount – but have moved on and glad it is behind me!!

  644. paton 22 Apr 2013 at 11:11 am

    saw where person got 62000.00

  645. CJon 22 Apr 2013 at 11:16 am

    I feel like between this forum and few others I have seen, Wells Fargo cases are being paid considerably less money than some of the other servicers across the board. Probably just a testament to how big of scum bags WF are……. All short sale specialists I’ve spoken with said Wells is the WORST to deal with…

  646. Lisaon 22 Apr 2013 at 11:16 am

    In tennessee here. and No check mailed according to Rust,.
    I find it ridiculous that the servicers who put us in this position are the very ones who are determining what category to put us in. We fought Citimortgage for over 3 yrs , attorney fees, stress, anxiety and all. We werent even in default! Foreclosure letters sent almost monthly for 3 years, they even posted in our local newspaper! we had not missed a single payment, We pay our own ins and taxes, no escrow, seems they decided to start their own little escrow account, let it build up, and then years later hit us with the bill. What a bunch of greedy people! So THIS company gets to decide what category I am in? They refused to comply with a federal judges order in our case and they are gonna make a sound decision now? Oh plzzz….how gullible and stupid do they think we are?

  647. Evaon 22 Apr 2013 at 11:33 am

    Called HSBC 1-888-568-7642, my check will be sent out on 04/26.
    They can not tell me how much.

  648. Donnaon 22 Apr 2013 at 12:10 pm


  649. Waiting in kson 22 Apr 2013 at 12:15 pm

    I apologize if someone has already addressed this, but are they sending out waves by stage? If so what stage went out first? I requested a review because I asked for modification but denied. I had to do a short sale, and was not offered any relocation assistance that the government had at the time. Thx!

  650. Anaon 22 Apr 2013 at 12:29 pm

    I had two loans with citi. Today I received $1000 for my 2nd mortgage and now I just have to wait to see what they give me for my 1st:/. Good luck!

  651. Paton 22 Apr 2013 at 12:39 pm

    I received a $2,000 check today. Servicer was JPM. I requested a review and I received a letter in December that was denied to receive copensation b/c I was ineligible. I applied for a modification in 2010 and was denied. Foreclosure was ultimately rescinded because I filed Chapter 13 then sold the home via Short Sale in 2012. So it appears that the category they assigned me to was correct ” Modification request denied”.

  652. KahunaKevon 22 Apr 2013 at 12:49 pm

    @Waiting in ks: To this point no one is certain about waves, categories, payment amounts or method of having been placed in a category. It’s all speculation right now at how we were assessed, what waves have already gone out and what is still to come. I have seen check posts from all over, different lenders, different amounts fro $300 to $62,500 being the highest so far. The wave that arrived this week appears to have some larger amounts than were posted last week. And Rust? Is no help whatsoever in answering any of these questions. IF you are lucky, you will talk to a phone operator that will tell you when your check should be mailed–but not all reports are positive regarding that either. It’s just a wait and see game at this point. Here is another website that may have more answers for you: foreclosurevictims.freeforums.org, good luck! Kevin

  653. Joanon 22 Apr 2013 at 12:49 pm

    Received check for $7500, CitiBank. Right category 4 BK -rescinded and requested review. Head to bank. Good luck everyone. Codes on post card matched our amount and category.

  654. KahunaKevon 22 Apr 2013 at 12:51 pm

    @Waiting in ks: To this point no one is certain about waves, categories, payment amounts or method of having been placed in a category. It’s all speculation right now at how we were assessed, what waves have already gone out and what is still to come. I have seen check posts from all over, different lenders, different amounts fro $300 to $62,500 being the highest so far. The wave that arrived this week appears to have some larger amounts than were posted last week. And Rust? Is no help whatsoever in answering any of these questions. IF you are lucky, you will talk to a phone operator that will tell you when your check should be mailed–but not all reports are positive regarding that either. It’s just a wait and see game at this point, good luck! Kevin

  655. Lauraon 22 Apr 2013 at 12:52 pm

    If you want to know when you will be receiving your check, CALL THEM. I called the number for Rust this morning to ask when my check will be mailed. After listening to the prerecorded messages, I got the first person who wanted to know who had my loan and she gave me their direct 866 number in case I got disconnected. Then after listening to pretty much the same prerecorded message, I got to another operator who asked pretty much the same information that the first person asked and them some more. After she verified that I was me, she said how can I help you and I said I am reading that you can now say when checks are being mailed and she first said that it will be delivered by the August and then she said let me look at your record and said mine was mailed on 4/19 and I should have received it. Of course my mail has not been delivered yet so it should be here today or tomorrow and we will see what they think I am worth. I just expect $300 so if it is more then I will be happier but no amount will replace my house. I am not military so I won’t be receiving the $125,000.

  656. KahunaKevon 22 Apr 2013 at 12:57 pm

    Joan–maybe you can share with us the methodology of how your post card matched your category and amount? Thank you.

  657. Joe Blowon 22 Apr 2013 at 12:58 pm

    I had CitiMortgage in Illinois. I called and they said my check would be sent out on 4/26/13. I’m expecting $6,000 but after reading the comments here I’ll probably only get $300-500.

  658. Tanya Mundayon 22 Apr 2013 at 1:01 pm

    My husband and I received our check today! We almost fell out….62,500.00!!! We are in complete shock bc after reading stories on here, I only expected a few hundred. We are over the moon!!

  659. Bsmomon 22 Apr 2013 at 1:03 pm

    Joan, you said your amount and category matched. Where were the codes? In the middle of the long code? Please let us know!

  660. Tireofthisprocesson 22 Apr 2013 at 1:06 pm

    @Tonya Munday Congrats! Who was your servicer?

  661. Waiting in kson 22 Apr 2013 at 1:14 pm

    Thank u Kevin! I’m hoping for the best. Good luck to you all!

  662. Rufinoon 22 Apr 2013 at 1:16 pm

    Congrats Tonya

  663. Tonistlon 22 Apr 2013 at 1:43 pm

    Congrats, Tanya :-):-):-)

  664. Angon 22 Apr 2013 at 1:43 pm

    Called Rust today and they said mine was mailed Friday but didnt receive anything today. Mine was BOA. So does the postcard give ANY indication of how much we will be getting?

  665. GJon 22 Apr 2013 at 1:44 pm

    $2,000 Wells Fargo (ASC) Georgia, Modification denied, Short sale ok’d after going through you know what. 3 year process. Requested review. 3 months ago I expected $0 so I am grateful.

  666. charleson 22 Apr 2013 at 1:45 pm

    Has anyone heard of anyone receiving lost equity payments or anything of the sort like the payment detail says?

  667. LeeAnn - so. ca.on 22 Apr 2013 at 1:47 pm

    @tonya ….so happy for you. Please let us know your servicer.

  668. Janiceon 22 Apr 2013 at 1:47 pm

    # Joan You mentioned that the codes on post card matched your amount and category. Can you elaborate on that, please? Does part of your code actually state the dollar amount you received? Thanks!

  669. DCon 22 Apr 2013 at 1:48 pm

    Congrats to Tonya, hope is alive :)

    I called Rust, my check was sent out Fri.
    This will be the first I have seen for aurora loans(purposely not capitalized, they dont deserve it).
    In Colorado.

    This is a site that seems to have everybody binding together to make our voices heard.


    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to make our voice heard or nothing will happen!!!

    Thanks for reading:)

  670. Joanon 22 Apr 2013 at 1:55 pm

    Sorry just came back home. On our card it read 100C0136665-0021-754-00. I apolgizedbut after reading other posts were speculating amounts/categories we figured we should be in category 4 which was $7500 so when we saw that 754-00 we figured we would receive that amount. Maybe we just got lucky but someone posted days ago they thought post card listed amount and category. I was so excited I may have given incorrect impression/information and I never want to do that or give false hope. Just in our case, we actually was placed correctly. Especially after all the grief and pain we suffered.

    Again – good luck everyone.

  671. charleson 22 Apr 2013 at 1:55 pm

    I agree 100 percent DC keep their 300

  672. Janet Woodson 22 Apr 2013 at 1:58 pm

    At anybody who knows, so is it only the $125,000 payments that will require additional paperwork? I have seen $62,000 and $31,250 payments. Anybody receive $24,000 or $50,000?

  673. KahunaKevon 22 Apr 2013 at 2:04 pm

    Thanks for the update Joan. And congratulations on your windfall. Stay tuned, there is more to come for the battle! Kevin

  674. Tonistlon 22 Apr 2013 at 2:09 pm

    Joa, what was the cu number on the inside of your post card ?

  675. sassypantson 22 Apr 2013 at 2:10 pm

    # tanja munday…good for you!!! sooo happy for you!!!

  676. Cheion 22 Apr 2013 at 2:42 pm

    Based on the category we fell in, we were expecting $300 “All Other Items”. Well, I just got my mail and the check we received was for $3,000!! I agree with other posted comments that no one knows how people are being placed in certain categories. Something is wrong with the method used in allocating the money. My heart goes out to those who should have received more but got much less. I had HSBC as my servicer and I was foreclosed in Michigan. I never submitted any IFR paperwork.

  677. Kateon 22 Apr 2013 at 2:43 pm

    I think its a big possibility that after the 90 days are up there may be alot of checks uncashed and returned. At that point its possible another round of checks… Ive seen it happen before!

  678. martyon 22 Apr 2013 at 3:37 pm

    “I think its a big possibility that after the 90 days are up there may be alot of checks uncashed and returned. At that point its possible another round of checks… Ive seen it happen before!”

    Just curious- what makes you think this is possible and why would this happen?

    They are sending checks – if someone decides to either return it or not cash it, why would you expect another round of checks?

  679. darleneon 22 Apr 2013 at 3:54 pm

    recd check for $1000. today. Did not apply for IFR for this property..it was a rental which I short sold after being denied over and over. Sold it to my tenant for less than half what I paid for it. This check is for more than the foreclosure on my personal residence which I submitted IFR accompanied by dozens of documents. JPM..because of stage of modification??? whatever that means

    Proof to me that there is no rhyme or reason to dispersements. Two more to go, will keep you posted

    I think we need a data base.

  680. Mellissa Don 22 Apr 2013 at 4:03 pm

    Nacy Brown don’t worry you will be one of the lucky ones!

  681. darleneon 22 Apr 2013 at 4:08 pm

    One of the things that I learned from coming to this forum is how many people were foreclosed on while in bankruptcy. I had no idea. I think its good for us to share the stories as much as we can, All of us already know what they do..and continue to do because no one has stopped them yet. I’ve got so many stories and proof including currently..right now as I type this..but I’m just one person whose world they have demolished.

  682. michelle CAon 22 Apr 2013 at 4:12 pm

    My loan was with Countrywide. I applied for modification was denied. Loan could have been modified, home was foreclosed on 7/08. Just received my check for $500.00, this does not cover any of the attorney fees paid while trying to modify. I am going to try to get a copy of my review. I hope everyone else has better results.

  683. Miss S.on 22 Apr 2013 at 4:14 pm

    Can anyone please tell me about what these number are, i located them inside of the post card i received. #CU0613169-100J0613377

  684. Tanya Mundayon 22 Apr 2013 at 4:17 pm

    Our servicer was Chase. And we were under the bankruptcy category. We feel really blessed to have a chance to get caught up.

  685. Dawnon 22 Apr 2013 at 4:18 pm

    Received my check for $1000. Very surprised. Actually they did not change the trial modification into a permanent one, but hearing all of the horror stories, my heart goes out to everyone. I still have my house, but it is in Foreclosure and have not made a payment since 2010. I pray that the additional money for the IFR will affect the amounts that are underwater so that we can refinance/loan mod. I don’t want to lose my house.

    And i feel so bad about those who only received $300. I pray that things will turn around and the people get what they deserve. I am so upset and disillusioned about all of the foreclosure stories I have heard, I feel so depressed all of the time. I am now looking at how we can change the term limits for the US Senators and folks from the House of Representatives. They ALL need to be OUSTED. Time for all of us, to get out there and start running for office. This country has gone mad!

    Ok, finished with my rant. Wishing you all the best.

  686. darleneon 22 Apr 2013 at 4:25 pm

    Dawn..it is a very good question..how the other half of the settlement is being used to help homeowners…and who is monitoring the distribution and how it is being done. There is no info on the internet that I can find. Another secret black hole that we know the banks are using their math to adjust. We already see how well its worked out with this half of the settlement..2 billion going to the consultants who did nothing. Somebody please tell me who is monitoring the other half of the settlement.

  687. Adrianaon 22 Apr 2013 at 4:50 pm

    @ sassypants
    Hello there, if you read the previous posts I also asked who else was with Suntrust. I’m in GA and no check …called rust and told me that I was on the 1st wave HOWEVER the checks had NOT been mail and would be mailed anytime from now and August …yes, the first wave checks……

  688. kishaon 22 Apr 2013 at 4:52 pm

    @ miss s
    I see the numbers are repeating , I don’t know but the j is for chase could the 06 means six batch mine has an o3 (im hoping 3rd batch) and maybe could the rest of the numbers mean amount. hmm, I will certainly watch and see if there is any relation when I get mine.

  689. KahunaKevon 22 Apr 2013 at 4:54 pm

    Darlene, you don’t want to know. The lenders that are writing off loans are counting that against the monies that they have pledged to provide. For every loan they already wrote off, they are kicking that number down. It’s not a real number to help us–it’s a number they can charge against to be in alinement with the agreement.

  690. Miss S.on 22 Apr 2013 at 5:00 pm

    Thanks kisha.

  691. Miss S.on 22 Apr 2013 at 5:04 pm

    On the out side of the Rust Agent paying card i also have these numbers, 1603172279-uppn and the number 100J0613377-0232-205-04 I would appreciate any help!

  692. kishaon 22 Apr 2013 at 5:06 pm

    @Miss S.
    your welcome, I am wondering two, I called a second time but haven’t had the luck of others who have been told when theirs will be mailed. they just tell me they don’t know, it could be in august and watch your mail. I am so worn out with getting irate, I just say ok, as long as I am getting a payment, but would have been great if everyone could have gotten in the thousands for all the crap they put you through.

  693. Miss S.on 22 Apr 2013 at 5:15 pm

    Kisha, you could very well be one of the lucky onces who will be getting the larger payment and need to to send in more information.

  694. Reneeon 22 Apr 2013 at 5:19 pm

    The other part of the settlement that is to “help” borrowers through modifications and/or writing down principle is positively SICKENING and if being questioned on Capital Hill….whatever good that does now that it’s already been agreed on…. But for example: Borrower’s mortgage balance is $300,000 and the lender is so generous as to knock $5,000 off their balance. The lender gets (ARE YOU READY FOR THIS???) ~ $300,000 CREDIT toward the amount of “help” they are required to give!
    Yes, they can adjust this same borrower’s balance by $100 and STILL get $300,000 credit. AND they are to keep track of their own write-downs and report them to the OCC.
    So it’s all even MORE of a total joke than these measley payments they’re doling out.
    I’ll look through my history and see if I can find the link from where one of the senator’s was throwing a hissy-fit over it.

  695. Niane Ulmeron 22 Apr 2013 at 5:20 pm

    I just received my check for $6,000 and none of the numbers on the post card or my IFR reference number match up to the amount I received, Im not sure what category I landed in but my bank foreclosed without offer a loan modification or nor did they have any contact with me. I live in central California and my bank was Aurora and I did fill out the IFR application

  696. darleneon 22 Apr 2013 at 5:26 pm

    Kahuna Kev
    Its part of the settlement and yes, I want to know and I want to know who is making sure the banks are complying and how that is being done. So far, one person has received a heloc write off on this forum. I did as well on the house I live in now as part of this settlement in early January but I would like to know how many others and how that is being determined and who is keeping track and how we can find that information. In Dawn’s post she mentions trying to get a loan mod on her primary residence and that is what this money is designed to do..keep people in their homes. They should have done that from the very beginning but they didn’t..instead they banks paid entry level salaries to people who treated us like third rate citizens..and got away with it.

  697. KahunaKevon 22 Apr 2013 at 5:29 pm

    Renee is right, I just didn’t want to say it out loud. The banks who have given a minor credit to the consumer, get a full boat load of credit for the ENTIRE loan.

  698. darleneon 22 Apr 2013 at 5:29 pm

    Did you hear that at the senate hearing? 300k write off for anything they adjust? Really?

  699. darleneon 22 Apr 2013 at 5:32 pm

    Well that is something that the reporter from the New York Times should write about. How can they get away with that?

  700. Gerardoon 22 Apr 2013 at 5:33 pm

    I found a page on FCB where we can start a PROTEST!


  701. Donnaon 22 Apr 2013 at 5:33 pm

    Yes, Renee, sickening is a good term to use. Where is the incentive to actually help people? There is none, only incentive to help themselves. I wish I could just pay $10 towards my Sears card and get credited for the entire balance. Wooo hooo. I hope all of you are putting your money into small community banks or credit unions and letting these banks make more $ off of your $.

  702. Oliver Wendell Holmeson 22 Apr 2013 at 5:38 pm

    Applied for a deed-in-lieu, ten months before I missed a single payment and three years of on-time mortgage payments. Wells Fargo agreed, only if I paid-off a $10,000 home equity loan.
    So I did, then sent over all the paper-work they demanded.
    They strung me along…: “you did not send the documents” for almost two years, all the while initiating foreclosure.
    Wells Fargo denied, then approved, then denied my deed-in-lieu again, while asking me to re-send more documents. Eventually, they approved me again. And while waiting for a letter telling me that foreclosure was rescinded, I received an eviction notice, in mid-Pennsylvania winter. I was under 24/7 care due to service-related injuries. My only option was to sell all that I could sell and give away what I could not sell, to find a roof over my head.

    Today I received an $800 check from the crooks.
    I may be disabled, but my fight with the crooked OCC and their owners is not over. Justice will prevail. Keep up the fight because we, Americans, never give up. Amen.

  703. BrendaSon 22 Apr 2013 at 5:45 pm

    We recieved a card as well. We were with Taylor Bean & Whittaker when we hit the bottom. We called the “HOPE” number and qualified for help. We kept calling for 6 months to TBW and we couldnt get an answer, the HOPE people called could not get answer, come to find out they Filed Bankruptcy and left all of us hanging. We had a second morgage with PNC and they refused to help usless we were behind, but also stated they could not do anything UNTIL TBW agreed to help. WELL…with no one in the offices and apparently being investigated how was I to reach them. We reached a point where we had to file BK ourselves. Towards the end before we were dismissed from BK a letter came from Saxon stating they were my new broker. I called and told them what happened and welp, sorry bout your bad luck. It did seem wierd that they had no idea of what had been going on with my loan. So needless to say, TBW screwed us, the Saxon, and then PNC. We only recieved one card, and I have called the number provided. I am told, “I really cant tell you when it will be sent or for how much” but was advised that the list up with pricing doesnt apply to Saxon as Saxon isnt truly a part of the agreement. So theyre numbers are unknown there is no chart of hope, and there is no date to be sent. Staying in limbo, will update when they decide to sent it. BTW we are in Virginia. Good Luck to you all!

  704. Dawnon 22 Apr 2013 at 5:59 pm

    @Darlene. Renee is absolutely correct and it is SICKENING!!! If you house is worth $1,000,000 they can reduce your loan by $1 and received credit for $1,000,000.

    FYI, I am w Chase. I have someone else living in my home right now because I do not know when they will foreclose. I lost my job in 2009 and got divorces. I had tenants in other properties. None of my tenants wanted to pay rent and so my credit went from Very good to poor!

    From what I understand, the Atty General in MD (or someone) is trying to get numbers and demographics. Who is receiving the checks (by ZIP CODE)? Who is receiving the extinguished loans and by what dollar amount? It is said for example, that the banks rather assist a homeowner with a house/mortgage in 10021 (the richest zip code in NYC) and forgive the full amt of a loan e.g. $600,000, rather than assist people in a “poor” area (for lack of a better word, not to offend) and provide loan forgiveness for 10 families with mortgages of $60,000.

    There is no transparency. From my understanding Senator Warren and Maxine Waters are trying to obtain the information, but honestly I do not know how much I believe it. I think it is all a crock to look good. But maybe by looking good, some good will come?

    I just feel like my hands are tied as well as everyone in this situation. Especially those people given 3 days notices! OMG! There is no one to turn to and lawyers are afraid to go against the big banks. The banks are sexy and can offer the lawyers loads of money if they go with them. I hate to say it but at this point seems as if we need a miracle and a prayer. Start Praying!

    Sorry for being so negative. :-(

  705. Amanda Ton 22 Apr 2013 at 6:35 pm

    I received my check for $6,000 on April 15th. I did request for a review, was denied 3 times for loan mod and WF will not work
    with me and my hubby. Was able to deposit the money into our
    saving account. Its not much but its better then nothing. Now all I am waiting is for the other National Mortgage Settlement payout which is going out in the next 4-6 wks. For those that submitt in your claim form will get another check.

  706. PapangMJon 22 Apr 2013 at 6:44 pm

    How can we or Where can we obtain a copy of our own IFR review? It seems to me that OCC/Federal Reserve system came out with this IFR “Agreement Payment” and you read which category you fall into, you find your category, which in my case, category 6. My loan modification approved after 3 successful trial payments without house being foreclosed. However, Bank of America made an error by waiting 6 months to finalize my loan modification and this is called a bridge of contract between the borrower and the HAMP program. Today we received our check but we were expectiong 50K instead we received $500.00. We are both thankful that we received money because this is money that we never expected. But to us, it is the principle that really counts. What is right is right!!! I am sure that there are many questions from borrowers that need to be answered and when will we be given this opportunity for this moment to happen?

    We never ever heard of IFR until we were contacted on November 13, 2012. The letter reads “IF AN ERROR IS FOUND, YOU COULD RECEIVE A PAYMENT OR OTHER COMPENSATION THAT MAY INCLUDE REFUNDED FEES, STOPPING OF A FORECLOSURE OR PAYMENTS UP TO $125,000 PLUS EQUITY”. According to many of the people that wrote in this forum that the payment they received do not even jive with the category they are supposively in. How are they reviewing our case? Will we ever know?
    Good Luck to everyone, I hope there will be justice done for us people who were done wrong and especially to the families that lost their homes. My heart is with you.

  707. LeeAnn - so. ca.on 22 Apr 2013 at 6:56 pm

    Called rust today. WF, bk & no on loan mod. Was told by a super nice guy that check is in 3rd wave 4/26. Tried the previously mentioned trick (would you be happy) no luck..he very politely said he doesn’t want to loose his job.

  708. LeeAnn - so. ca.on 22 Apr 2013 at 7:00 pm

    History, despite it’s wrenching pain, cannot be unlived, but if faced with courage, need not be lived again.
    -Maya Angelou

  709. Shason 22 Apr 2013 at 7:01 pm

    Just a thought:

    100A – Ally/GMAC
    100B – Bank of America
    100T – Citi
    100J – JPMorgan Chase
    100W – Wells Fargo

  710. LeeAnn - so. ca.on 22 Apr 2013 at 7:02 pm

    @amanda t… are you still in your home?

  711. kishaon 22 Apr 2013 at 7:09 pm

    @ Miss S
    I wont hold my breath considering chases past history with everyone including me, I will hope for the best and for you, and everyone else too. its all so disappointing, a lot more should be done. I see an earlier post where one lady got a payment but she says it didn’t match any of the numbers that appeared on the card. I guess I should at least know by Friday if it was sent out in the 2nd wave.

  712. Reneeon 22 Apr 2013 at 7:13 pm

    They can easily get away with it….bcoz that is very clearly what the final draft of the negotiations states that the OCC signed off on. When questioned about it, people from the OCC acted like they hadn’t even read that part, but agreed that’s exactly what it said. It’s not a requirement that the money be strictly for struggling homeowner’s either. So they’ll likely just give a $100 principle write-off to everybody on their books who has a $1mil or more mortgage balance and they’ll have met their end of the bargain.

  713. jameson 22 Apr 2013 at 7:24 pm

    Well I can say that I’ve read almost every post! I can say with 100% accuracy that my situation is SO DIFFERENT but I guess who seems to care? I applied for a mod with WF after being told I had to be late on payment like everyone else BUT!! when I did get qualified by WF and made all the payments ON TIME I was then told OOOPS! You should NOT have been put on a HAMP Mod. GUESS WHY? My home was a SECOND home.. NOT ABLE TO BE IN THE HAMP PROGRAM AT ALL, yet THEY TOOK THE PAYMENTS??

    SO! I wrote to WF and they ofcoarse told me to keep sending in hardship letters etc like everyone else?? GUESS WHAT!! i got put on the program AGAIN! they took my home in foreclosure, took those payments in a FRAUD it would seem.. If that isn’t misrepresenting the program I don’t know what is? can I sue.. I got 6k from this BS.. I lost 145k I had invested in the home.. i never meant to not make the payments what i lost my job, only did it because WF TOLD ME I HAD TO? I believed them! kept sending in paperwork for a year… NEVER SHOULD HAVE BEEN ON THE HAMP PROGRAM, FREDDIE MAC who owned my mortgage NEVER knew I was in trouble? just got F&^d by the servicer WF..

  714. Shason 22 Apr 2013 at 7:29 pm

    Tanya Munday: happy for you, run like hell to the bank and cash it before they change their mind and bounce your check.

  715. ivanon 22 Apr 2013 at 7:55 pm

    hello everyone
    noone knows how the waves of checks being sorted by yet ?
    i got cu0028492- 100c0028496
    told i be 4/26 wave of checks
    was forclosed and did chapter 7

  716. Kateon 22 Apr 2013 at 7:55 pm

    Marty because i was in a countrywide settlement and received money then 90 days later received another portion of funds not cashed.

  717. darleneon 22 Apr 2013 at 8:13 pm

    There are 4 million of us in this 2009 2010 phase of the crime against the middle class. There are more foreclosures in the following years. How many? I don’t know but my guess would be double that to date. How many people are still in fear of losing their home? How many loans have the banks actually modified? What kind of a loss are they showing? Well, we all know that the banks are doing better than ever. How about the glossy mailers they sent us via overnight mail, offering to short sell or whatever. A marketing campaign built around homeowners suffering..and you better believe they paid billions of dollars for those mailers. Such a racket. Most of us were too humiliated and scared to have these discussions in the early days..and shocked! Shocked into depression and submission. And it was my fault? That homeprices in my area dropped 50%.. or our faults. No, this is jedi mind trick

  718. darleneon 22 Apr 2013 at 8:24 pm

    Everything you say about the second half of the settlement appears to be more corrupt than the cash part. Guess they thought no one would be looking and even if we were, so what?.

  719. kishaon 22 Apr 2013 at 8:39 pm

    this is a great article I ran across, explaining how its a shame how they came up with the pay scale, check it out!!!!


  720. christinaon 22 Apr 2013 at 9:32 pm

    Has anyone decipher the codes off postcards?mine 100B0611810-0120-995-02 & 1803047001-UPPN….Thank you

  721. Jessica won 22 Apr 2013 at 10:17 pm

    I have two loans and when I spoke to the Wells Fargo representatives she told me I was in the third wave of checks to go out… and I was also in the 50,000 category but she told me she knows my amount and it is 6,000. Then I had to call back to re- check in and talk to the JP Morgan reps. And he told me that my check was mailed on Friday but he could not give me the amount. Who knows!

  722. Niane Ulmeron 22 Apr 2013 at 10:30 pm

    I posted early that I received a $6,000 check and still can’t find any numbers from the post card or the letter I received that corrilates or gives any hint of amount of money that will be received but there’s a explanation of why you are receiving a payment: It reads “Regulators determined your payment amount based on the stage of your foreclosure process and other considerations related to your foreclosure”
    I was not in default, Aurora foreclosed on my home on febuary 2009 and sold my house to a real estate agent that worked for them on April 2009, I was not given any notice of the foreclosure nor did I receive any notice to leave my house. I came home and the house locks had been changed and I was not able to get my personal belongings or my children’s belonging and I only got my cat because he was waiting at the front door. When I called about my home, I was told it was not for sale and there was not going to be a sale at the county auction because it was already purchased

  723. vomiting and sickenedon 22 Apr 2013 at 10:40 pm

    I was one of the first hundred to file with the IFR. As the dates kept moving, I kept calling. I was repeatedly assured that I would be compensated for the oh so many errors BOA had made. I fell in the $50,000 category. Imagine my utter horror to receive $500 today. I have been so sick to my stomach all day as I have never been treated thuss. I reside in Florida. I frantically called all parties from the bank to Rust only to be read the rhetoric over and over. I am appalled that these funds were designated to correct the wrongs of the banks only to have the bulk of money given back to the one percent. I was all but water boarded by the bank, filed immediately and two years later no absolution! Shame on all involved……we as Americans are better than this and deserve to be treated accordingly.

  724. Dawnon 23 Apr 2013 at 3:44 am

    @vomiting and sickened- So sorry about the amount you received on your check. Prayers are with you

    The 2nd part of the Settlement is a farce. There has to be some way we band together and get this noticed. It is amazing how the media could careless about this and “other people” think that we are undeserving of the money/trying to keep our homes because we were irresponsible.

    There must be a way for us to band together and bring this travesty to the forefront. It has happened to us, how many more people will it happen to AND now the question is what’s next?

  725. EMon 23 Apr 2013 at 4:05 am

    Received 600 for all the misery and time with WF. Also a veteran, don’t get your hopes up.

  726. Markon 23 Apr 2013 at 4:32 am

    This is such A farse!! We received Our $500 check Today and We are OUTRAGED!! We are in New York, and had A home loan through CountryWide/BOA. We sent in Our paperwork for the IFR Review right from the start. My Wife became pregnant with Our First child, and She had several medical issues which required Her to be pulled from work very early on. We knew this would cause A hardship financially, so I was very proactive and called CountryWide to explain what was going on. Was told by A Rep there that They could do nothing for Us until We became Three months in default. At the time it sounded strange, but We trusted the bank. I was told that once that happened, They would most certainly be able to help Us. We did get Three months behind and heard nothing back. I called CountryWide back to discuss getting either A loan modification or some kind of assistance. The Rep that I spoke to did not recognize the name of the previous Rep I had spoken to! She tells Me that there was no such Person working there! WHAT!!?? She also tells Me that the information I was given was false, and that We had to now pay Four months of mortgage payments to get caught up and not face foreclosure proceedings! So, began calling CountryWide on an almost daily to try to work something out. Spent hours and hours on the phone asking for A loan Modification, only to be turned down time and time again. Reps seemed confused, gave out different information, was placed on hold for long periods of time, transferred to other Reps again and again. Finally, We tried to play catch up Ourselves. My Wife drew funds from Her 401k and We sent Them Two months payments via Western Union. The bank sent the payment back stating that They would only accept full payment on all past due balances!! We finally had A Rep tell Us that there was something that He could do. But, We had to send in about Twenty pages of paperwork, plus A detailed letter stating what was going on. We faxed everything in. Then heard nothing back. Called after Three days and was tol that They never recieved anything!! Then the Rep stated that They had in fact received it, but it became lost somehow! WHAT!!?? Was told to re-fax it, but We instead hired A lawyer and filed for Chapter 13 bankruptcy. Finally some relief! Or so We thought. After paying A trustee for about Two months, We received A packet and letter from BOA explaining that They had taken over CountyWide and They were Our new bank. The very next day, We received A letter from BOA that They were pursuing Foreclosure!! It seems that once BOA had taken over Our loan, They wouldn’t recognize Our Chapter 13. They also had A Judge or Trustee dismiss Our case, and stated that We had Thirty days to vacate the address!! We quickly packed up Our stuff and left Our home. Devastating and sad. So, We never were given any loan modification and were forclosed during an active bankruptcy!!! This $500 check is A total punch in the stomach!!!! Not only do We get raped once, but now Twice!!!! This brings all of that stress back, while the banks continue to kick Us and laugh at Our distress. Total B.S.!!!!

  727. Veronicaon 23 Apr 2013 at 6:00 am

    Hello Jill,

    I cannot agree with you more in that “If enough people call then they have no choice but to be interested in what is going on. Im in for the lawsuit of a lifetime and i have every legal document court file and information proving they filed illegally against us and how are the OCC and the federal reserve as well as banks not being sued for FRAUD.” That is an excellent question, the OCC and Federal Reserved should have lawsuits pending now. Americans, how much more are we going to take? The country is headed off the cliff!!

  728. Cindyon 23 Apr 2013 at 6:07 am

    I received my $500 check yesterday. I wasn’t surprised based on all that I am reading. I was one of the lucky ones. I did receive a loan mod. Not sure how or why. I had to spend $1500 to get an attorney in order to stop the foreclosure process that was started due to an error by BOA. I just wanted back what I had to spend due to their error and I did not even get that. I too am just sick to my stomach. But my situation isn’t anything compared to the majority.

  729. Christyon 23 Apr 2013 at 6:14 am

    I’m in Kentucky . Rust said mine was mailed 04/19 . I have not got anything yet . I was with Chase and tried to get mod . I was treated like a third class citizen . My home was foreclosed on and I do only expect the 300.00 . I will update when I receive mine .

  730. CCRon 23 Apr 2013 at 6:29 am

    I emailed this today…..helps to at least try to take some kind of action.

    Dear Senator Warren,

    I have come across articles on-line mentioning your interest in the Independent Foreclosure Review. I gather you and another Senator are trying to look into the Review and how it was conducted.

    I am a one of the recipients of the payout that was made. I had submitted all my paperwork regarding the foreclosure on my house and had asked to be reviewed. However, the category the IFR put me in regarding the payout, was wrong and of course there is no recourse so the payment I received, is not accurate according to the categories.

    I also want to mention that the payment being based on the stage of foreclosure the homeowner is in, penalizes the homeowner. I have no control when the bank finalizes my foreclosure. My house has been in the foreclosure process now for four years. My payment would of been higher had it been completed but I have no control over the time frame. I will reiterate, my house has been in the foreclosure process for four years. There is still no auction sale date set. I had been dealing with the bank for at least two to three years prior to that. It’s been a seven year ordeal that is still not completed because the bank has not finished the process, not because of anything I am doing. I filed bankruptcy, which was completed, almost three years ago. I moved. You cannot penalize a person receiving a payout based on the bank’s actions. Isn’t that why there is a review in the first place?

    I have nothing now financially. I lost all my equity that I had in the house, I lost my credit score. I lost my dignity and pride being a homeowner. Being reduced to bankruptcy was a humiliation and the IFR compensated me $2,000 after putting my case in the wrong category and basing a payment on the bank’s timing, whether they had completed the foreclosure or not.

    Corruption upon corruption. When will it stop and when will someone be held accountable?



  731. MSGon 23 Apr 2013 at 6:34 am

    I should be under the BK category, and my numbers ends with -00, not sure if there is a connection there or not but all the BK post I have seen on this forum also have the -00 as well. Has anyone received a check from the BK category that end in another number? Maybe it means nothing. I’m Wells Fargo in NC, 3rd wave according to IFR rep.

  732. Nickion 23 Apr 2013 at 7:14 am

    I am Goldman Sachs and since they have not even posted the payment terms yet for us, probably means nothing, but my card ends in 01 and I was BK 13.

  733. Donnaon 23 Apr 2013 at 7:20 am

    It seems that the “big” banks, i.e. Wells Fargo, B of A, and Chase, are giving the least back, and in greater numbers, to the injured homeowners. Talk about insult to injury. “Hey, we ruined your lives, which you probably will never fully recover, but here’s $300 bucks, so shut up and get over it.” SMH. I get more angry with these greedy heartless SOBs every day.

  734. Jillon 23 Apr 2013 at 7:28 am

    @ # msg Ours also ends in 00 & we were involved in bankruptcy when Chase was able to get our automatic stay lifted. We are from Mississippi. Just called Rust & they said ours was mailed on 04/19/13

  735. deborahon 23 Apr 2013 at 8:20 am

    I am BK and mine end in 02 however, I have noticed a handful of BK’s are in wave 3.

  736. Joe Blowon 23 Apr 2013 at 8:37 am

    I had BK and my ends with 01 and they said mine is going out on 4/26. I have Citi.

  737. Creeon 23 Apr 2013 at 8:57 am

    I’m in KY. Got a check for 6000.00 yesterday. Wells Fargo denied my loan mod. Ended up filing bk. the house was foreclosed a month after bk discharge.

  738. Prestonon 23 Apr 2013 at 8:58 am

    Well to all who had faith in the Federal Reserve and OCC, I feel an even greater need for the current sequester. In fact maybe even de-funding either one or both of these agencies entirely. I am a servicemember who was foreclosed on during my second of three mobilizations in violation of federal law (Servicemembers Civil Relief Act). I received my check for the review I took the time to actually request…..It was the whopping minimum of $600. So I guess even Federal law cannot protect us from these evil banks. And even more so these wolves in sheeps clothing known as the Federal Reserve and OCC.

  739. RobTNon 23 Apr 2013 at 9:01 am

    Just got my 300 in the mail. JP Chase. Should have fell under the Service Members Relief Act for 15k. Big difference.

  740. Christyon 23 Apr 2013 at 9:18 am

    I just got mine 400.00 JP Chase , KY . I believe I”ll sign and send it back to them to help someone that still has there home !

  741. KahunaKevon 23 Apr 2013 at 9:33 am

    FYI–the numbers on the post card mean nothing. They are only some type of in-house organization and have no ‘prognosticating powers’ of what is to come. Had my foreclosure in the time frame allowed. My category is unknown at this point I guess, but it sure felt like I had them deny my Modification request at the time. Good luck. ( $500.00 JP Chase, Nebraska)

  742. Prestonon 23 Apr 2013 at 9:46 am

    Sorry to hear that Rob. I was SCRA as well. I should have received the $125,000. My bank Citi foreclosed …then recinded 2 years later denying they ever foreclosed until confronted by the Attorney General’s office with public record evidence of the completed foreclosure. And still they continued to lie to the toon of my bare minimum $600 check. The funny thing is ……I dont fall into any category that would authorize this amount.

  743. Jillon 23 Apr 2013 at 10:16 am

    Received $2,000 from Chase today. We were in bankruptcy & the automatic stay was lifted. We requested a modification but was told that other fees would be accumulating during the wait & they couldn’t guarantee that we would qualify for a modification. We took $7,363 from our 401k(which was 50% down) to have our mortgage reaffirmed so that we wouldnt take the chance of losing our home because we didn’t have much to play with incase they came up with a larger amount. Not sure how they came up with that amount but we had to enter into a repayment plan.

  744. MLon 23 Apr 2013 at 10:18 am

    Just received check for 800 from SunTrust. Like a lot of others mentioned, I did not fall into the right category… The numbers on the post card have nothing to do with payment amount. I am so disappointed in this entire process, but then again I should have expected this from the biggest crooks around.

  745. Oliver Jon 23 Apr 2013 at 10:21 am

    Hey Jill we’re you in first wave or second wave!!!

  746. laurieon 23 Apr 2013 at 10:32 am

    Received 500 wellsfargo michigan expecting more since in bankruptcy but oh well its something. Agree # on post card mean nothing regarding payouts.

  747. Jillon 23 Apr 2013 at 10:38 am

    @ Oliver J We were in the second wave. We live in Missisippi… We also didn’t submit our online request until Dec 31, 2012 because we thought it was a scam until we were told else. So we really thought we would be on the last wave but apparently that makes no difference.

  748. Jillon 23 Apr 2013 at 10:40 am

    @ Oliver also I called Rust today & she told me that it was mailed out on the 19th.

  749. Brendaon 23 Apr 2013 at 10:44 am

    Just got my check for $1000. Better than $300 that we expected. I find it funny that also in today’s mail was a letter from Chase saying we were not eligible to do short sale. Well I guess we wouldn’t be. They foreclosed in dec of 2012. And this is why these banks are in this mess. One hand never has a clue what the other is doing. At least I can get my checking acct out of the hole now. Done with this mess. In PA.

  750. jwillon 23 Apr 2013 at 10:45 am

    Hi, I submitted my claim for review over 18 months ago. I live in California and my bank was Chase. Was told we are in the third wave which will be mailed out 4/26. No BK, denied a loan mod and denied a short sale. Will post when I have more information.

  751. Lindakay75090on 23 Apr 2013 at 10:48 am

    I’ve been reading these posts since day one. While the conclusion of my story is the same as everybody else, the beginning was a little different, and I’d like to highlight a few instances so you will see the intent to steal our properties by the big banks from the very beginning. Read if you want, or scroll past. Either way, I appreciate the opportunity to vent.
    I got a USDA approved loan through a company called Taylor Bean & Whittaker – supposedly one of the largest mortgage companies in the country. My original close date was October 08 but it drug out until January 09. Why, I’m not sure – I made good money in a steady job-had good credit- and was pre-approved for a loan WAY larger than what I was willing to use. But because the loan broker was having trouble getting the loan pushed through, my realtor told me that if I would let the broker have the $1000 flooring replacement allowance from the seller, the broker could make it happen. Being that they had talked me into moving into the vacant house as a renter until the purchase could be finalized, I agreed.
    At closing, I had to sign a paper agreeing to make my payments through TBW’s website. I had to sign a paper stating that I would not have anyone other than myself living in the house. (which I thought was a violation of my rights/privacy). And although it was not listed anywhere in the paqperwork that I could find, the broker got the $1000 flooring allowance.
    Everything sailed along smoothly until August of 09. I went to make my payment on the TBW website as instructed and it was as if the page was locked up. You could see the homepage, but nothing worked. I tried the site over and over for the next two months. I tried to call them and would only get a busy signal. I put my payment money aside knowing that sooner or later someone would want me to pay up. This went on for two months when suddenly, I received a call from BOA. They called me at my work (not my personal phone), stated that they were recording the call, and that they were starting foreclosure proceedings immediately. I hit the roof! I asked “Who the hell are you and what have you got to do with my home?” They said “Didn’t you receive the welcome kit?” They then explained that they had taken over my loan and I was to make the payments to them now. I told them I would do no such thing without proof. They said they would re-send the welcome kit. Two weeks later, no welcome kit, and another phone call @ my work, again threatening foreclosure. For the second time, they said they would re-send the welcome kit. Instead, the very first piece of correspondence from BOA that I finally received was a reinstatement letter for two months rent, PLUS a late fee payable within a 13 day deadline from the date of the notice (not received date) or foreclosure proceedings would begin. Welcome to BOA! I had a gut feeling right then ( and even told my co-workers) that BOA wanted my house.
    Like many of you, eventually I fell behind on payments at the end of 2010 after losing my job. BOA started foreclosure proceedings almost immediately. I called to ask what I could do and was told “nothing, it’s already in foreclosure”. I moved out of the house, not wanting to be evicted by the Sheriff. Three months later in 2011, they called me to see if they could work out something (the house had not been auctioned as it was scheduled in Dec, Jan, Feb). When I told them I’d moved out they asked “Why would you do that?” I was flaberghasted! They asked me why I didn’t get a roommate to help me make the payments and I referenced the paperwork I’d signed stating I had to be the sole occupant on the property. Then they said I didn’t qualify for any help anyway. It took them 1 1/2 years of monthly auction notices (of which the legal wording varied from one month to the next) before they finally auctioned the house. The Fair Market Value was half of the original loan amount on the 1099-A they sent me. Working or not, I could’ve made the payment on half of the loan amount if I’d been given the opportunity…
    When I gained knowledge of the whole foreclosure fraud scheme in mid 2011, I began searching for information like a rabid dog! I read ProPublica’s article of how the banks were offering loan mods with the sole intent of slipping in a waiver since they had destroyed the wet ink documents after entering into MERS. In a nutshell, the many MERS transfers and seperation of the documents had supposedly ‘lost’ the banks right to foreclose, and with the waivers and the image of ‘helping the homeowners’ the banksters were right back in the foreclosure business while AGAIN giving the image of ‘helping’ the homeowners. What a masterful plan! Do any of you know if you signed a waiver in your loan mod paperwork? Could this be the reason so many $300 – $500 payments are being made?
    Out of curiosity, I googled Taylor Bean & Whittaker. Wow – the feds had closed them down for fraud back in that August 09 timeframe when the website locked up! The mastermind Lee Farkas WENT TO PRISON for 30 years. Yes, a bankster actually went to prison! Why is TBW’s Lee Farkus never referenced? Where are all the others that had loans through this ‘largest mortgage company’ Taylor Bean & Whittaker? Were the wet ink documents transferred to BOA upon the Feds closing TBW or had they already been seperated/destroyed? So many questions that we’ll never get answers to.
    Waiting for a Rust payment, IFR sent in, (TBW)/BOA – Texas, part of the Dallas Co DA’s MERS investigation. Will follow up when payment is received. Thanks for listening, non-foreclosure people think I’m a loon when I try to explain foreclosure fraud to them.

  752. Donnaon 23 Apr 2013 at 11:37 am

    Thanks LindaKay and welcome to the looney bin. It’s mindboggling to say the least what these banks have done and gotten away with. I keep telling my husband and he keeps saying in disbelief “Why would they do that?” “They can’t do that. It’s wrong.” and thinks I’m reading something into the senate investigation that I’m not. It’s truth backed by fact. These banks are out for themselves and WILL NOT DO ANYTHING THAT DOES NOT BENEFIT THEM FIRST. Period.

  753. Oliver Jon 23 Apr 2013 at 11:37 am

    Well I’m extremely shocked just recicved payment for $2000 but it should have been in the category of the 62500 but trust a believe we will be getting another payment it never fails!!!!!!

  754. Oliver Jon 23 Apr 2013 at 11:38 am

    @Jill I live in Greenville mississippi

  755. Bob Smithon 23 Apr 2013 at 11:43 am

    BOA should have been in category 4 62500 got a check today for $500. I will never do business with a big bank again.

  756. Lindakay75090on 23 Apr 2013 at 11:46 am

    Here’s the Pro Publica article I mentioned. It’s an old article, but it sure makes a person stop and think.

  757. Jawoodson 23 Apr 2013 at 12:08 pm

    We were in category 6 payment 50k, yesterday we received $500.00 check. This is a big error!! A HUGE discrepancy!!! The Regulators (OCC/Federal Reserve System) should be auditing/examining each review to make sure that the borrowers are being compensated for the correct amount and for the right category. I think that 6 months review period is too quick for 4 million borrowers. I think that’s all the time it took for IFR to do this review for toooo many people. IFR rushed the review!!

  758. Mon 23 Apr 2013 at 12:26 pm

    Got my $600 check today. My lender was PNC… We were foreclosed on while in bankruptcy… sucks :(

  759. ivanon 23 Apr 2013 at 12:35 pm

    deborahon 23

    # Joe Blowon

    hello to both
    weird i did file bk also and part 3rd wave 4/26
    i also had citi joe blow

  760. DCon 23 Apr 2013 at 12:36 pm


    This is a site that seems to have everybody binding together to make “Our Voices Heard”.

    foreclosurevictims.freeforums.org (hundreds to chat with)

    Not to many people will post what they “really” want to on FB since(last I checked 29 peolple liked) it is linked to your person, instead goto the above and you will find plenty of information and people that know what your going through….

    Repost the site above when and where you can so “We the People” can form a positive and informative plan to have what we deserve(a chance at the american dream again).

    I believe we should all have a undisputed mortgage that is in our means.

    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to make our voice heard or nothing will happen!!!

    Thanks for reading:)

  761. DCon 23 Apr 2013 at 12:38 pm


    This is a site that seems to have everybody binding together to make “Our Voices Heard”.

    foreclosurevictims.freeforums.org (hundreds to chat with)

    Not to many people will post what they “really” want to on FB since(last I checked 29 peolple liked) it is linked to your person, instead goto the above and you will find plenty of information and people that know what your going through….

    Repost the site above when and where you can so “We the People” can form a positive and informative plan to have what we deserve(a chance at the american dream again).

    I believe we should all have a undisputed mortgage that is in our means.

    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to “Make Our Voice Heard” as one or nothing will ever happen!!!

    Thanks for reading:)

  762. Margoton 23 Apr 2013 at 12:40 pm

    Linda you are totally right! I agree with you, thanks for your information now it makes more sense to me to understand why victims fell into different categories

  763. Margoton 23 Apr 2013 at 12:42 pm

    @ # Lindakay75090 thanks!

  764. martyon 23 Apr 2013 at 12:43 pm

    “The Regulators (OCC/Federal Reserve System) should be auditing/examining each review to make sure that the borrowers are being compensated for the correct amount and for the right category. I think that 6 months review period is too quick for 4 million borrowers. I think that’s all the time it took for IFR to do this review for toooo many people. IFR rushed the review!!”

    They NEVER reviewed all the files – Most everyone NEVER got an individual review. The IFR was stopped by OCC/FED because the amount of fraud, deceit and criminality led to a massive problem even documenting the problems. Watch the PBS documentary “The Untouchables” and look at the recent Senate Banking Committee hearings from a week or two back.

    It was their intent to cut short the IFR and their excuse was to “get funds to borrowers faster”. Watch the hearings and listen to Sen. Warren’s questions. This was a farce from the start – if the check you got matched the category you fell in on the spreadsheet, it’s probably a coincidence.

    The VAST majority – the OVERWHELMING majority of files did NOT get an individual review. To think you did may only serve to frustrate you – some did, but they are the tiny minority.

  765. Christine Galvanon 23 Apr 2013 at 12:45 pm

    I too was taken for a ride by Bank of America. My home was foreclosed on in December of 2009 two months after a modification had been accepted. I have not received a check but I did receive a post card saying I would get a check. Now with all I am reading I don’t look forward to receiving the correct amount. I hired a lawyer in August after going thru the same problems in a new modification in May of 2012. Bank of America is a crooked organization and I too feel that we need to unite and do something about this. Just as union went to the capitals recently we should go to our state capitals and picket. This is wrong and we have to speak up as we are doing! Now let’s take it to the next level and march!

  766. Paton 23 Apr 2013 at 12:46 pm

    They didn’t complete the review. They didn’t review everyone. That is why they ended up doing a settlement. They just went off the initial info the banks gave them (i.e. ..loan modified, modication denied, foreclosure rescinded, foreclosure completed…..etc). They didn’t take into account the sepcifics as to “why” or “how” b/c the realized that it was taking too much time and money to complete the effort. So they settled on a blanket settlement to cover everybody based on the initial info from the banks.

  767. Letreceon 23 Apr 2013 at 12:52 pm

    I am in tears right now because I lost my home and had to move out in 2 days in 2011. With God on my side and faith and family behind me, me and my kids were able to get our home back with even cheaper payments and lesser years. I was expecting $300 for the trouble of moving because that is what it cost me to leave but to go to the mailbox and get a check for $3,000 I am shouting Thank You Lord

  768. Jennifer - CAon 23 Apr 2013 at 12:53 pm

    I don’t care what “category” you are in, anything less than $100,000 is NOT compensation. It should be illegal to send any victim in this tragedy a $300, $500, $800 check. It’s a waste of ink and paper. Here’s to a united front for all borrowers. Lets get these banksters!

  769. ivanon 23 Apr 2013 at 12:55 pm

    Please be aware that Rust Consulting is also the settlement Administrator for the Independent Foreclosure Review (IFR) Payment Agreement obtained by the Office of the Comptroller of the Currency and the Federal Reserve Board. The IFR settlement is completely separate from the National Mortgage Settlement and does not include the same governmental agencies. The IFR payments began in mid-April of 2013, and will continue in mailings until July 2013. You can find additional information on the OCC Independent Foreclosure Review settlement at this website: http://occ.gov/topics/consumer-protection/foreclosure-prevention/correct

    You may be eligible for payments under both settlements. Accepting a payment from either settlement will not affect any rights you may have to take legal action related to your foreclosure.

  770. Ableon 23 Apr 2013 at 12:55 pm

    Wa State.. Got $400 check last week sometime, don’t check my mailbox daily. Deposited the check yesterday. Sun Trust was my mortgage, I looked into getting some help several times and never really could qualify for loan mod.. I finally filed BK and was forced to sell my house for less than it was worth, but it paid off my loan barely.

    They had so many charges added on for this and that and I am sure there were definite overcharges. I did not do the IFR .. BTW Litton took over servicing the loan at some point. Hope someone will look at how this was all administered and take the proper action..

  771. KahunaKevon 23 Apr 2013 at 1:13 pm

    @Pat, I don’t think they even went as far as you suggest. I applied for a Modification and have a letter of denial before me now–that should have put me in the $6000.00 category for ‘Modification denied’, nonetheless, I have a check for $500 for my gallant 3 year battle with Chase, and no house. I was also under Bankruptcy protection, so that should have bolstered me up to the $62,500.00 category–they didn’t look at anything–AND to add injury to insult, I submitted for an Independent Review early on, so I would have thought I would have been a part of the original reviews, (overpriced as they were), in the beginning!

  772. DDon 23 Apr 2013 at 1:22 pm

    Received $500 today from BOA. Should have been at least $6,000. My modification was denied several times. I also requested a review. I fell into several catergories.

  773. martyon 23 Apr 2013 at 1:24 pm

    Florida residents out there-

    I know someone in the Palatka (North Central Florida about 45 minutes West of Gainesville) area who got a check in the first wave.

    I am in Palm Coast and no check yet. (Bank of America).

    Anyone in the Palm Coast/St. Augustine/Palatka area receive a check yet?

    Thank you

  774. DCon 23 Apr 2013 at 1:44 pm


    I received my check today, should have been a minimum 6k(my credit bureau supports this), same story for me and same outcome as most, 500 from aurora loans, I am in Colorado!

    This is a site that seems to have most binding together.


    Repost the site above ( for a chance at the american dream, again).

    Just a thought:
    Everyone that is involved should be able to finance a home ( providing you have a job ) at the lowest possible rate and should be backed by the Federal Reserve or (insert your idea here) this would be justice for all!!!

    We need to make our voice heard or nothing will happen!!!

    Thanks for reading,

  775. judyon 23 Apr 2013 at 2:05 pm

    I called Rust today and was told I would get a check between now and August but no other info available. UGH!!

  776. jenon 23 Apr 2013 at 2:15 pm

    i just got my stupid $300 check. sickening. in Mo.

  777. Kelly Joon 23 Apr 2013 at 2:44 pm

    Anybody receive anything from Litton?

  778. Bekahon 23 Apr 2013 at 2:47 pm

    I am in Colorado right now; however, my foreclosure proceedings happened in North Carolina. My fight started in 2008 and I am still fighting. I applied three separate times for a loan mod and was refused (despite the fact that I qualified). I even worked with NACA and a few other “help/hope” agencies to try to come up with a way to save my home. In 2010, I was stricken with a rare condition in my back (I was 30) and had to have emergency surgery to keep from going paralyzed. I had sent BofA a certified check to catch up my mortgage. It was the amount that they had asked for to catch it up… But while I was in the hospital, they tacked on quite a bit in fees. They mailed my check back to me and continued with the foreclosure proceedings. As a last resort, I finally went to my congressman armed with (at that time) almost two years of documents, fed ex receipts, fax acknowledgements, list of names of every rep. I had talked to, and emails from BofA reps. He called BofA and they lied to him and said I had never responded to their attempts to modify my loan… He could clearly see I had been in weekly and sometimes daily contact with BofA. My congressman actually fought with me. It has taken a total of five years; but, my mod was just approved (this month). We are a military family and were just stationed out of state…. but I do still have my home. My heart breaks for so many of you. I haven’t received my check yet, and after reading these comments, fear that it will not make a dent in the time/stress/humiliation that BofA has caused. I just want to encourage you to contact your representatives. The settlement does not give justice for the wrongs committed. Keeping active and voicing our concerns will be the only way to shine the light on what they have done to us. I know many of us are angry, hurt, and uncomfortable reliving any part of our tragedies; but sometimes it takes these kind of emotions in order to bring about change. I will let you know when my check arrives. I don’t even know what category I fall into; but, after reading these comments, I do not expect much.

  779. Pamon 23 Apr 2013 at 2:50 pm

    Just received $2000 here in FL. After reading stories and posts was figuring I’d get $300. Denied a loan mod so was hoping for $6000. I filed an IFR so I must have been put in $1000 category. Spent $6000 fighting foreclosure and filing bankruptcy. Better than a few hundred I suppose.

  780. KahunaKevon 23 Apr 2013 at 2:54 pm

    Join us at
    foreclosurevictims.freeforums.org, there is a class action suit brewing. We are now looking for suitable legal representation. Thanks, Kahuna Kev

  781. charleson 23 Apr 2013 at 3:05 pm

    Hey all,
    Just posted a comment on nbc nightly news comment page.Site search ifr and you can post a comment.If enough people post maybe we can get some media attn.This blog is great but the news would be much more exposure.Just a thought may work may not but definitely can’t hurt

  782. Barb-from CAon 23 Apr 2013 at 3:07 pm

    Received 6k HSBC today!

  783. BrendaSon 23 Apr 2013 at 3:11 pm

    Called to double check; we had 2 morgages on our home. The first was Saxon the other being PNC. Only got a card for Saxon, called and we were on the list for PNC but never recieved the card…and as usual they were unable to give any information in regards to when or how much on either! Will update when I get something..whenever.

  784. nicoleon 23 Apr 2013 at 3:18 pm

    Received check today….500.00. I live in Northern California. I requested a review and was accepted into a Modification. Funny thing is my payment for my mod came back higher than the payment I wanted to modify. I applied for another modification and got the run around till we lost it.

  785. billyon 23 Apr 2013 at 3:33 pm

    Call rust today check n the mail this Fri suppose to be n category three ,- I was foreclosed n 2010lost the fight

  786. Miss S.on 23 Apr 2013 at 3:37 pm

    Hi Kisha, saw your post and i totaly agree! i haven’t received my check yet, but once i received it i will post the amount.

  787. JWDEVUSon 23 Apr 2013 at 3:41 pm

    Received check a week ago…$800.00 I thought it was a joke so I did not cash as like the rest of you lost so much money some of you can Imagine.

    The Crazy part was during this process I never thought I would get kicked out by Bank of America and their GOON Attorneys. I added 300 square feet to my house at the time well over $30,000 in equity thinking all was well but “Hell Know”


    Thanks James

  788. Jameyon 23 Apr 2013 at 3:42 pm

    In Ohio, received a 1000 check today, my bank was Bank of America.

  789. Mariaon 23 Apr 2013 at 3:51 pm

    Charles – can you post the link for the NBC nightly news. can’t seem to locate the exact place to make a comment.. I am with you maybe we can all make a difference.

    Jennifer – CA – I am with you 101%… anyone pursuing some legal action, please do not forget to include me ok… I check this post every 2 hrs and it breaks my heart – no post short or long bothers me – it helps me realize I am not alone… KEEPING THE FAITH…

  790. Rufinoon 23 Apr 2013 at 4:00 pm

    Florida,Orlando. Litton was mailed on Friday nothing in the mail yet.

  791. charleson 23 Apr 2013 at 4:02 pm

    You have to put independent foreclosure review in the site search box and you can leave a comment at the bottom of the article

  792. KahunaKevon 23 Apr 2013 at 4:05 pm

    I can live anywhere with my wife: tent, camper, seedy apartment: But when I had to tell my kids we had to move, it broke my heart. The kind of break that can never heal, and their innocence was shattered in their faith in ‘the system’. This will not go unanswered.
    foreclosurevictims.freeforums.org–join us and one day–not anytime soon, but one day, we will make this right. I’m so angry I could spit. KahunaKev

  793. #Kristion 23 Apr 2013 at 4:13 pm

    Hi all, been reading the comments for the last week. Like many of us, I too am angry and appalled that these lenders are not facing nothing short of RICOH charges, especially my former lender HSBC, with their money laundering for drug cartels and all. At any rate, I was told my check would be mailed on Friday 4/26th. I am supposedly in category 4, but because this whole thing is so fraudulent, I don’t expect to get but a few hundred dollars and I sent my review under the 1st deadline of April 2012 (I think it was…)
    I am even more perturbed that this is not getting the media attention it need; I have emailed Sen. Warren a few times, but I am growing very cynical that any thing else will be done, short of a class action suit. I will post when the check arrives, though. All the best to everyone, we’ve all been through so much. The silver lining I am taking away is that I wasn’t alone. Reading everyone’s story I am again feeling so violated after my lender so snarkingly repeatedly told me, “we are not doing modifications”, or ” we are not participating in the HAMP program”. I was in active BK until January this year, when I was discharged. Only after the foreclosure finalized in January 2011 (on my birthday no less) did they call me to offer me a “new program for troubled homeowners”.
    They didn’t even know they have foreclosed on me. Typical fraud.

    I am trying to be hopeful that the Senate banking committee will punish the OCC and its regulators and get the Department of Justice involved.

    We will see..

  794. charleson 23 Apr 2013 at 4:15 pm

    No check for me yet but after all i have read not expecting much.I have read many horror stories worse than mine and I feel for you all.We have to stick together and fight this injustice.I guess I was “luckier” than most as i did a short sale.But I was forced into it,did a trial modification supposedly for 3 months,paid for 7 only to be told i never sent the docs they needed for the mod.Short saled 2 months later to beat the sherriff sale.In my eyes qualify for 4 diff categories but am expecting the lowest.Being as how the banks were who categorized us.Ummmm…….CONFLICT OF INTEREST ANYONE.I think we wait until everyone gets there check 2nd week of may and go after them.I am just waiting to cash mine to see a lawyer.
    Like i stated before and other people have too.The banks should secure loans for injured borrowers insured by the fed.Keep your 300-1000 cant even pay 1 months rent with that.Read posts somewhere stating bank of america had an error rate of approx 90%.This was from reviewers should have been 30 billion for just them.

  795. Jessica won 23 Apr 2013 at 4:20 pm

    I was told yesterday by the Wells Fargo reps I would receive 6000 and I also had a loan with chase which I received today and that was 6000 also. I spent 18 months paying trial payments when they finally denied my modification completely. I should have been in the 50,000 category but I guess 12,000 will have to do since we are unable to fight it. I would have been extremely devastated if I received anything less after dealing with this since 2009.

  796. LeeAnn - so. ca.on 23 Apr 2013 at 4:23 pm

    Im in so ca. Was norwalk now norco. Pls let me know if you find solution for us in so ca.

  797. ivanon 23 Apr 2013 at 4:24 pm

    hey jessica w
    wells fargo told you this ?

  798. ivanon 23 Apr 2013 at 4:26 pm

    i read all this stories and dont know what to expect from my 4/26 wave check

  799. tristaon 23 Apr 2013 at 4:33 pm

    Marty I’m in pasco on west coast boa no check

  800. Miss S.on 23 Apr 2013 at 5:10 pm

    I’m in florida, JPM CHASE FORECLOSED ON ME IN 2008 sign me up too!

  801. Veronicaon 23 Apr 2013 at 5:23 pm

    I agree Charleson, I’ll do that right away, and suggest we all get started immediately!!


  802. martyon 23 Apr 2013 at 5:24 pm


    My home was in Pinellas County….Safety Harbor, so I know Pasco County.

    I am hopeful for tomorrow’s mail…same hope for you.

  803. sassypantson 23 Apr 2013 at 5:27 pm

    $6000.00 check from Suntrust rcvd today in Utah

  804. Shason 23 Apr 2013 at 5:38 pm

    VA State, $500 WF check arrived today.
    Sick to the Stomach the math just don’t add up.
    I could not find any numbers from the post card or the letter received that correlates with information on the check.
    Still living in hope for a class action law suite.

  805. Dinaon 23 Apr 2013 at 5:45 pm

    $400 from Citi in MN. Lost house, denied modification twice. I’m debating even bothering to cash it, since evidently it’s taxable income. And with no house or savings–I’m now 1040EZ; so is cashing it even worth the agita for a net result of $200? I see the banks may not have to pay taxes on the distributions however. What a shocker that is.

  806. Miss S.on 23 Apr 2013 at 5:48 pm

    Congratts Sassypants!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  807. Veronicaon 23 Apr 2013 at 6:00 pm

    Christine Galvan

    I agree with you Christine, I think we should start organizing immediately. Let’s put our heads together on this site and spread throughout the United States.


  808. sassypantson 23 Apr 2013 at 6:01 pm

    # Miss S. Thanks =0) Expected what i’ve been seeing on here so I was happy to get more than $300.00

  809. Veronicaon 23 Apr 2013 at 6:03 pm

    Hello Jennifer in CA,

    I agree with you in that “I don’t care what “category” you are in, anything less than $100,000 is NOT compensation. It should be illegal to send any victim in this tragedy a $300, $500, $800 check. It’s a waste of ink and paper. Here’s to a united front for all borrowers. Lets’ get these banksters!” Let’s put our thought together and come up with a plan, any ideas?


  810. Veronicaon 23 Apr 2013 at 6:12 pm

    Hello #Kristi – April 23, 2013,

    We as the people must get the Department of Justice Involved.


  811. Miss S.on 23 Apr 2013 at 6:29 pm

    You’re welcome! Sassypants

  812. kimon 23 Apr 2013 at 6:35 pm

    Mad. Mad. Mad. Got the check… $400. I requested a review. I tried to get a mod. I was approved by citi, made the new good faith payment. Us govt seized our loan on the day it was approved gave it to wamu. Wamu gave it to chase. Chase made us start the process over and approved the mod then,when I went to pay they declined the payment and said I had to make another good faith payment of $7000. I said I made it to citi. They said we can see that, but you will have to talk to someone higher up. That next day we were foreclosed on. We moved out and house had new owners 3 months later. Great job America.

  813. tristaon 23 Apr 2013 at 6:39 pm

    Marty I was from Dunedin ! What a small world good luck to you too!

  814. Veronicaon 23 Apr 2013 at 6:39 pm



    Sign this petition if you believe that they should review our loans like they started to. We deserve answers!

    Link below:


  815. Kristion 23 Apr 2013 at 6:43 pm

    Veronica, I completely feel that the DOJ has let these lenders get away with capital crimes…what do we need to do? Tbis thing is worse than Enron and we know how that went.

    By the way, I am in Georgia.

  816. charleson 23 Apr 2013 at 6:44 pm

    I don’t think doj will help when they knew the banks did criminal activities and took no action.Maybe a private lawyer with a desire to sincerely help the people who were wronged.I live in sw fla and I do have an idea of someone but havn’t talked to them yet,I will definitely post what I am told.It maybe better to class actions by state I just don’t know but will most certainly ask

  817. Kristion 23 Apr 2013 at 6:48 pm

    Jessica W.,
    How did you get WF to tell you your amount? I called Rust on Saturday 4/20 they connected me to the HSBC rep. She asked if she could help me with anything else and I told her “No, because I know you can’t TELL me anything else.” Nice lady though. Are they telling the amounts now? Please share :>)

  818. Kristion 23 Apr 2013 at 6:49 pm

    Jessica W.

    I called Rust on Saturday 4/20 they connected me to the HSBC rep. She asked if she could help me with anything else and I told her “No, because I know you can’t TELL me anything else.” Nice lady though. Are they telling the amounts now? Please share :>)

  819. charleson 23 Apr 2013 at 6:51 pm

    almost forgot lol


  820. kishaon 23 Apr 2013 at 7:15 pm

    Hi, Miss S,

    well still nothing today, I wish they at least could tell us when it was mailed. I will post too as soon as I here something. congrats to all who have got theirs.


  821. Shedrickon 23 Apr 2013 at 7:31 pm

    I received my check. It was $1000. I had to file bk. I thought I fell into a different category. Mortgage companies should be charged with the use of weapons with mass destruction!

  822. wendon 23 Apr 2013 at 7:33 pm

    boa no check yet in nh

  823. Waiting in KSon 23 Apr 2013 at 7:33 pm

    I had a dream last night I received $60k….LOL….Ugh I can’t wait for next week when I get my check!

  824. JFultonon 23 Apr 2013 at 7:35 pm

    GA/Chase/Same Story/$6,000.00

  825. Dawnon 23 Apr 2013 at 7:37 pm

    @ DC and KahunaKev–When I try this website http://foreclosurevictims.freeforums.org/
    it requires that I login and there a no active discussions. Why can’t we see what is going on in the forum prior to registering?

    As far as getting heard and making a change for those of us who were wronged by the bank, we need a lawyer or somebody who is in media, shoot a celebrity, to assist us. At this point, we are just talking among ourselves and NO ONE cares. Like i said, I was kind of skeptical of Ms. Warren. Her fight looked good, but will she follow through?

  826. Mz.Bon 23 Apr 2013 at 7:59 pm

    Has anyone received a check so far that lives in Alabama? I am with BofA and I was told I probably won’t be in the third wave bc they’re still trying to determine the amount I’ll receive. I don’t understand this…

  827. Chazon 23 Apr 2013 at 8:05 pm

    Live in Ga. Got $1000 today. Thought at first it was a to total scam. But, after these posts, will try to deposit tomorrow. We were never foreclosed on by Aurora, as our loan mod did finally go through successfully in 2010. But, I spent an inordinate amount of time working on it; took months and lots of threats. But, in the end, my story came out OK.

  828. kenon 23 Apr 2013 at 8:08 pm

    Hey all,

    It sounds like my check will go out on the 3rd wave. My wife threw away the original postcard Rust sent us so I am only going off what she read to me over the phone at the time. It said to the tune of we are eligible for a “substantial amount.” I have no idea if this is standard verbage or how the post card actually read. I would appreciate any insight. We still live in our house but went through 2 years of hell and our mortgage was sold 3-4 times during our modification process. We hired a lawyer and they did nothing. It was so frustrating to start the process over an over again. I had to pull an 3k emergency withdrawel from my 401k to stop my house from going to auction. We have fought like dogs to keep our house and still struggle with the big payments that really were not reduced much at all when everything was said and done. It appears that it may only be 3-5 hundred dollars from everything I have read. I look forward to any insight from those of you who still have the postcards or recall the original verbage etc… I believe we fell under Met Life. I have not seen any posts about payment from them.

    Much appreciation!

  829. martyon 23 Apr 2013 at 8:26 pm


    This is the settlement entered into between the banks and the Attorneys General of several states. It is SEPARATE from this IFR settlement and is limited to those who sent back claim forms.
    NOTE: Rust Consulting is handling this one as well.

    See their website: http://nationalmortgagesettlement.com/

    Updated 4/22/13 – “Checks should be mailed out in mid to late May and will be larger than the $840 initially estimated.”

    Since it is based on the number of people who filed claims, the fewer who responded, the larger the amount.

    Hopefully this is good news for some on here who may be in both settlements.

  830. Jesson 23 Apr 2013 at 8:32 pm

    I called Rust today, all the operator would tell me is that my check has not gone out yet. Acted like he didn’t have the info to give me. What a joke. I am not anticipating much, but remaining hopeful nonetheless.

  831. Stephanieon 23 Apr 2013 at 8:33 pm

    I called and mine is in the third wave, we did two forbearance plans and made all payments, I still have my denial letter for a mod that states was not in the investors best interest! I still kept trying for a mod over and over and they would redu a forbearance each time stating it was temp until they got our permanent mod done. They finally foreclosed on us and came into my home while we were living there and took pictures that were posted on the Internet ( we did not open the door and had no knowledge until I looked up the house to see the asking price) So I qualify under five, six, and seven? Even just under modification denied? I will be angry if they put us just in mod denied because i still have the proof of the forbearances and the payments. But we will see how they pay us? I have not seen anyone post anything over 6k so I don’t really think it exist! Just saying my prayers!!!! Wells Fargo Ca

  832. Stephanieon 23 Apr 2013 at 8:34 pm

    Also last week wells told me they didn’t have the info on how much or when, but today they told me when?… Funny

  833. treboron 23 Apr 2013 at 8:48 pm

    I don’t know where to start!my number ended with 02 but it didn’t matter.I was under suppossed bankruptcy protection BoA and foreclosed on.Sent my info in for the review right away.Like the rest of you definately should have recieved 62,500,instead i got 600.mine was sent on April 19 the second wave.I think the next two waves of checks will have to be the big amounts.I will participate in class action suit if available?I am glad the waiting,wondering,reviewing,thinking,and anguish is over.We all deserve justice from all of the fraud,lies, and deception by these too big to be prosecuted banks inflicted on us.My understanding is they were not allowed to bring any lawsuits or foreclosure actions for ten years against me under chapter7 bankruptcy protection.The reason for the insulting amount of 600 was based on the stage of my forclosure process and other considerations related to my forclosure.Coutrywide initiated foreclosure then recinded two days before i filed bankruptcy.After i was protected under the law the sued me for forclosure again and won judgement.Then they sold to bank o america and they foreclosed a judgement against me.then ammended them as the owner.The stay was never lifted.This is illeagal and fraudulent.I should have been catagory 4.I hope some of you get the right catagory,but i have serious doubts.Anyway good luck and keep us posted on the payouts.

  834. Agneson 23 Apr 2013 at 8:54 pm

    We got a $300 check today. We are in CA and our loan was with Aurora. I’m very disappointed, but not really surprised after reading other people’s comments. We are definitely not in the $300 category. Aurora failed to make our modification permanent after 3 trial payments (that’s a $3,000 category already). It’s like they knew all along they were not going to do modification, but wanted to collect those 3 hefty trial payments. They went to foreclosure right after the trail period ended and auctioned the house without notifying us of anything. We got the notification of the sale by mail months after the sale happened – I guess somebody forgot to mail that letter! Luckily for us, nobody was willing to pay the asking price for the house (which was our outstanding balance), and so it stayed with the bank. It took 3 lawyers and a lot of money and effort to reinstate our loan. The terms of the reinstated loan were not good, but they said we should make 3 payments and then renegotiate. That’s what we did. However, towards the end of another trail period, Aurora sold its mortgages to Nationstar, which in turn filed a notice of default right away and started the foreclosure process. Our house was to be auctioned off within 2 months. We thought – here we go again: 3 years later, and we are back to square one. However, the finale of the story is actually positive. Nationstar, instead of asking us for new paperwork, used whatever Aurora had already, and on those basis they proposed a very doable loan modification. It was still very stressful till the very last minute, because of the dual track problem (i.e., as many of you know from experience, the loan modification department is totally disconnected from the foreclosure department, and your foreclosure is moving forward even though you are finalizing your loan mod). But in the end we got to keep the house. I was hoping that the money from the settlement will cover some portion of the lawyer fees we had to pay. $300 does not even make a dent. But I am even more upset for the many people who lost their house and got the $300, $400 or $600 slap in the face. It’s a farce.

  835. maria jon 23 Apr 2013 at 8:56 pm

    Just received My ck 6000 from aurora …lost my beautiful home

  836. Mz.Bon 23 Apr 2013 at 9:02 pm

    My numbers on my postcard are 100B1010870-0151-006-02. Does these numbers mean anything? I have not received a wave yet although I qualify for a check. I also could fall in several categories: Bankruptcy, loan modification I live in Alabama. Please help.

  837. VEon 23 Apr 2013 at 9:04 pm

    We had Saxon that was transferred to Ocwen, so the O certainly must stand for that. I read on another forum that Saxon checks will be mailed on May 3rd, the last wave, that sucks when your waiting to find out what the amount will be. We filed bk to save our home, we were one month away from a sale date, when are bk came thru. All was not peaches and cream though, with all the fees and arrears on payments, our bk payments are so high and they take it right out of our paychecks. With both me and my husband having to start over with new jobs when our bk started, we have had to scrape every month to pay our utilities, sometimes paying them instead of buying groceries, thank god our children are on their own and we did not have little months to feed. I never knew about “requesting a review”, we just rec’d the postcard out of the blue. I am crossing my fingers on a good check., since we still have 2 1/2 yrs left on our bk . I am happy to have those 2 1/2 yrs
    behind us!

  838. maria jon 23 Apr 2013 at 9:08 pm

    Made all trial payments on time and was nev er told my home went to auction until u a realator came to my door asking for my keys for 500.00 aurora won!

  839. Dustin Mooneyon 23 Apr 2013 at 9:14 pm

    Arkansas. Chase. Loan mod denied. Check today 6000. Yay!

  840. maria jon 23 Apr 2013 at 9:16 pm

    Agnes sounds like my situation with… aurora but my ..house got sold just ran out of money couldn’t keep fighting

  841. treboron 23 Apr 2013 at 9:30 pm

    I forgot to tell you that i’m in Wisconsin.Also, one of my co workers got 3000. last week tuesday from the first wave.She didn’t even ask for or know about the review.Her check was from hsbc.

  842. Jawoodson 23 Apr 2013 at 9:31 pm

    Dear Marty and Pat,

    Thank you so much for your time and for the thorough explanation. Therefore, I don’t have to do my homework because you guys just did it for me. You both are very informative people. I get the picture now. I apologize for not responding immediately. I just arrived from work and this is now my time to vent by going to this forum to read the stuff I missed while at work. I thank you again for the great explanation!!

    Good Luck Marty and Pat!!

  843. Jessica won 23 Apr 2013 at 10:02 pm

    @ivan @kristie… They’ve told me all along that they did not know the amount. Well when I called yesterday the Wells Fargo rep said I know your payment will be in the third wave and I know the amount if you would like to know it… I said of course and she said it was $6000. I had to recall back in order to talk to JP Morgan because I had two loans and the guy rep told me he was unable to tell me the amount because he did not know it and I said that’s weird because the Wells Fargo rep just told me the amount… He said they are not supposed to but he did tell me my a check was sent out last Friday and I did receive it today and it was also 6,000.

  844. Shason 23 Apr 2013 at 10:08 pm

    Marty: Thank you for the update
    Very disappointing
    I hold no faith with RUST, I have to wonder if that was part of the criteria for the low payment that we are receiving, being that RUST is the decider for both payment distribution.

    “Checks should be mailed out in mid to late May and will be larger than the $840 initially estimated.”

    Heard similar LIES before.

  845. billyon 23 Apr 2013 at 10:12 pm

    Call rust today they said my check would be in the mail Fri n also told me I was n category 3 I was surprise they told me that much ii was foreclose n 2010 too sick to fight n husband pass away I wish we all could get the big funds we sure deserve it for all the heartache we have endured

  846. Lisaon 23 Apr 2013 at 10:39 pm

    I never filled out a foreclosure review. I thought it was a bunch of BS and we would all get 39 cents while the lawyers clean up… today I rec’d a $3,000 check. I had Wells Fargo and I live in CA. They are awful, awful. They foreclosed on a house that I was working diligently on to get a modification and also paid the forebearance payments. They told me I was approved and then foreclosed on my home the next morning at 8am. Yes, I cried. I did everything I could to save my home – to the point of continually faxing my items to them (unbelievable) and calling them 2 or 3 times a day to beg for help. While I am thankful for this $3,000 – I am livid that I lost my home that I invested thousands of dollars in.

  847. Lisaon 23 Apr 2013 at 10:41 pm

    On a side note, I called my congress person begging for help dealing with the unreasonable bank. Mary Bono Mack returned my call via a letter 5 months later. My home was gone.

  848. martyon 23 Apr 2013 at 10:51 pm

    …”being that RUST is the decider for both payment distribution.”

    Rust is not the “decider” for the NMS and I don’t think they were the “deciders” on this one either. They are simply sending the checks for this IFR based on the spreadsheet given them by the “3rd party” reviewers, who were hired by the banks in effect and even that unobjective review was stopped and people are getting checks based on how far along they were in the process.

    It would help to go back and look at the Senate Banking Committee hearings from last week (if you haven’t seen it). It will give you a much better idea of how flawed this process is and may answer a lot of questions.

    As I understand the other settlement- the NMS – this is based solely on the number of claimants and does not take into account any individual circumstances. The only requirement to join this settlement was to return the claim form – you did not have to allege any harm, provide any documentation or anything.

    Everyone will receive the same flat amount and it will simply be the amount of money divided by the number of claimants. (Fees for Rust or other administrators, or officials may or may not come from the settlement funds – I don’t know.)

    There is 1.5 billion dollars being distributed in this NMS settlement – how many claimants returned a form will determine how much above $840 we will receive.

  849. VEon 23 Apr 2013 at 10:58 pm

    Forgot to say that I live in Texas and the bankruptcy plan I am still in is a 5 year plan, already have 2 1/2 yrs behind us, with 2 1/2 yrs to go. I felt horrible going thru all this, like I was so stupid, I had no idea this had affected so many people, this is a great site, it makes me feel no so all alone anymore.

  850. Shason 23 Apr 2013 at 11:18 pm

    Marty: Do you know approximately how many people have applied for the NMS to date?

  851. Nadiaon 24 Apr 2013 at 2:41 am

    Does anybody know how many people have returned their claim form for the national mortgage settlement yet? Share with us

  852. Benon 24 Apr 2013 at 2:45 am

    $800 check for me. I filled out a review. I applied for a modifcation but the underwriter never made a decision. I was with Suntrust in Florida. If they denied a mod, I would have had $6000. That’s okay, I’m happy with that. Good luck all!

  853. BrendaSon 24 Apr 2013 at 2:51 am

    I had Saxon, called last night and they it was just released that they would start mailing in mid May, and my card has an O on it. My second morgage was PNC and they said dont know when it will be sent. Ask any and all questions you can while your on the phone with these people. They get tripped up when you go off script! Good Luck all.

  854. Jon 24 Apr 2013 at 3:20 am

    FL, Chase, no check. Believe I am in the 3rd wave. Fall into several categories. Will post once payment received.

  855. Gary Mon 24 Apr 2013 at 3:42 am

    Just got check for 600.00 from Chase I’m in MICH, will buy my granddaugther a Prom Dress 170.00 and sent GOD 10% and take the wife to dinner and be greatful this Mess is behind us, Good luck to all and I hope you all get the Big CHECKS

  856. tinaon 24 Apr 2013 at 4:44 am

    I got my big smack of $300. from Citi yesterday. Pigs!!!!!!! They scammed us out of our home we l.ved in for seven years. To anyone asking about the codes on the stupid postcards, the codes don’t mean anything. They do not determine your amount. Only the pigs who owened your loans do. I will join any class action lawsuit against these pigs. Maybe we should pack up what belongings we have left and show up in Washington and live on the lawn, isn’t that supposed to be our house to. Sick in Ky

  857. Lynnon 24 Apr 2013 at 5:30 am

    No check yet in Alabama!!

  858. Bethon 24 Apr 2013 at 5:40 am

    With all the fiasco going on… One question lingers. I had to file a Ch 13 Bk in October 2011 to keep Chase from foreclosing on my home. Long story short… My dad died in June 2010… No life ins. no one to pay for cremation and burial. So ultimately it fell on the shoulders of his kids. Got behind on payments… Went to the bank to catch up… Payment refused, said my loan was in their foreclosure dept., waited 8 months for a loan mod. Only to get denied. Once I get “whatever” settlement amount… Do I have to give it to the trustee? Pretty sh$tty if I have to turn around and give it right back to Chase because I had to file bk because of their crappy tactics. None of my other bills… Credit cards, car payment etc. were behind. It would be nice to be able to keep it to fix up some things in my house. Anyone possibly know the answer to this?

  859. Mz.Bon 24 Apr 2013 at 6:07 am

    Hi Beth. When I received my 3 checks from Ftc v. Countrywide myaattorney told me to keep that money. So since i’m still in my Ch.13 I should be able to keep this IFR check and whatever to come.You should be able to do the same thing ,but everyone’s casr is different. However, u may want to ask your attorney just to make sure in your case.

  860. Johnnyon 24 Apr 2013 at 6:10 am

    WOW WOW WOW… $600
    What am I Suppose to do with 600 dlrs… Is this a joke!!!
    My loan amount equals 315,315.00
    In early 2010 CHASE BANK would not convert my construction loan to a permanent loan
    Instead they wanted the full amount (Paid in Full) or they threatened to foreclose on my Home
    I’ve been waiting & preparing for Chase Bank to bring on the foreclosure process ……. (Counter Suit)
    I was hoping for a good outcome from the OCC and the Independent Foreclosure Review… But that’s not the case… Fight Hard don’t Give Up….

  861. tinaon 24 Apr 2013 at 6:16 am

    Beth, not sure for Chapt 13 because you are making pymts to the trustee, right? I had to file chap 13 when citit started our forclousure and then file chap 7 because any money we rec would have to go to the chap 13 trustee. Our atty told us unless we converted to chap 7 any money we rec would go to the trustee chap 13. So we filed 7, I think it depends on your state you live in. You should call your atty asap. Our chap 7 has been discharged and now they can’t take anything we rec. Thay already took our dignity. I am in ky hope this helps you.

  862. Teresaon 24 Apr 2013 at 6:30 am

    Loan was with Citi, received $2000 in the mail yesterday, live in SD, did request a review through the IFR. Had no idea what to expect, as my situation didn’t fit any of the ‘categories’, but honestly feel no amount of money will ever make up for the agony we went through for over 3 years. The foreclousre BEGAN in 2009. We were current when we asked for ‘help’. They wouldn’t ‘help’ unless we were 90 days behind. Our paperwork to modify was always ‘lost’, ‘not received’, needed to be resent, they needed updated paperwork financials. On and on the process drug out. We were lied to, scammed, ignored, and mislead. A realtor finally showed up offering cash for keys in July of last year. We had 10 days to get out if we chose to accept the money, and our credit was destroyed, so it was a challenge to find even a rental with destroyed credit. The whole process ruined our dreams of owning a home, destroyed our marriage, and took it’s tole on everyone in my family.
    I worked for the 3rd party who audited the WF mortgages for this IFR project. I know the process we were trained to complete to determine if ‘harm was identified’. Trust me. It made no sense, had no logic, and there was no fairness to the process. We all immediately lost our jobs the minute a settlement was reached in January. We had 10 minutes to clean out our desks, and we had thousands of claim forms that had not even been touched as yet. We, as contract employees for WF, had no part in determing pay out amounts, even though we were the auditors of the mishandling. All that was done AFTER we were released from our jobs. The banks themselves decided who got how much. Which, to me, is yet another scam. Why have a 3rd party contract employee review the mortgages for mishandling, determine harm, then dismiss them at the moment of settlement being reached, and allow the banks to decide how to rectifiy the harm themselves? A bit unfair, I’d say. The government already determined these banks handled the foreclosures improperly. So why would these banks be allowed to decide the amount of money given to ‘soften the blow’ to those who lost their homes as a result of their mishandling once the project came to a hault?
    I saw both sides of this, being a homeowner who lost my house, and being a researcher who audited these loans for the OCC. It’s a shame, is all I can say at this point. We were taken for a ride, and $2000 will never replace the beautiful home we custom built, and did everything we could to save, or the mental anguish we still endure as a result of mockery of a foreclosure process. We’ll likely never own a home again and our credit will take years to rebuild.

  863. Beverlyon 24 Apr 2013 at 6:34 am

    I’m being told they’re still determining the amounts. How is that possible? Has anyone else experience this?

  864. Tiaon 24 Apr 2013 at 6:43 am

    Just spoke with Rust Consulting, I am in the 3rd phase of checks that are being sent out on friday the 26th, do the phases mean anything?

  865. Donnaon 24 Apr 2013 at 7:02 am

    @Teresa. Can you give us some insight as to how much harm was actually done to homeowners? Did you find a large percentage of harm or was it as was reported, a small percentage? It would be interesting to hear from you directly.

  866. Chanelon 24 Apr 2013 at 7:09 am

    I think the reps at Rust are giving people the amount of their check if is already sent out. Mines will not be sent out till Friday and they “claim” that they don’t know the amount.

  867. Janetton 24 Apr 2013 at 7:23 am

    They know the amount they just won’t say

  868. Teresaon 24 Apr 2013 at 7:29 am

    It depends on what you’d consider ‘harm’, Donna. In my personal opinion, there were more cases of harm than not, given these banks took so long to work these foreclosures, one hand didn’t know what the other was doing at most of these large banks, etc. To me, harm was done in itself just by dragging out the process. The negative reporting that went on for years before they actually took peoples homes was far worse than it should have been. A typical foreclosure should take about 120 days to be completed. From my research, many homeowners, myself included, lost their homes when there was help out there the governemnt provided to these banks to offer (primarily HAMP), and the banks were so confused on how to facilitate that help, the homeowner lost their home before the process could get completed. Plus the bank had their own help to offer. Most of these homeowners deserved and qualified for help, the help was available, they simply did not get it. In addition, many were protected by BK yet still were foreclosed on, many complied with payment arrangements/temporary modifications as instructed, yet still never received a permanent modification and still lost their home regardless. Banks were even selling these mortgages in the middle of the foreclosure process. It was overwhelming the mistakes that we identified while auditing these foreclosures. Truly overwhelming.

  869. Beverlyon 24 Apr 2013 at 7:47 am

    I’m unable to down the category chart. I filed Bankruptcy back in 2009 to keep from losing my home. I also applied for a modification that didn’t go permanent. I’m so confused at what I would get. I’m in Alabama and Bank of America is my servicer. I had Countrywide previously and I received payments from that settlement totalling 2200.00 . Rust Consulting is stating they haven’t determined how much I would receive and I wasn’t going to be in the third wave. My home went into Forclosure twice with sell dates but it was prolonged and eventually rescinded bc of Bankruptcy and Modification attempts.

  870. Donnaon 24 Apr 2013 at 7:51 am

    Thank you Teresa. I too tried for HAMP and was denied at first by letter because of the LTV ratio and then told on the phone because the investor didn’t want to do it and it wasn’t a government backed loan so they didn’t have to. and then my story is like all the others so won’t detail it. But thanks for sharing because you got to see first hand what went on. If there is a class action suit filed I hope that you and others involved will step forward and share their knowledge.

  871. Jillon 24 Apr 2013 at 7:52 am

    The problem with the National Mortgage Settlement is that your home had to have been foreclosed on during a certain time period and not just in the process of foreclosure. Most people were in the process during that time period and lost there homes right after the time period you had to fall in to qualify. So many many people in each state did not even get to submit for it which is crap. How is that fair. Our own states sold us out to by taking that settlement instead of fighting for everyone. They settled on appeasing some of us and collecting there share of the money as each state received funds from that settlement if they took it.
    As for this foreclosure review board, OCC, Federal reserve there are only two US Senators who gave a hoot enough to fight for us on senate floor. Elizabeth Warren and one other. Where are all our US State Senators in this fight. Did your US state senator say a word? Mine didnt so i requested a meeting and called to make sure they knew i knew at least one US State Senator took a stand and called them out. You are lucky people to have Elizabeth Warren as your US Senator. To all those who think you shouldnt tell your story or write your thoughts, please. This is the first time and only place where you know it was not just you. You know you are not crazy and that others have fought just as hard. This is the only place that all documentation of how many people have gotten screwed can be easily accessed. Its sad but comforting knowing you are not alone. I only wish i knew these people and there stories while i was going threw it for all these years. Im not expecting a miracle but theres no harm in pryaing for one for all of us. In fact if any one happens to get anyone with any kind of pull to listen to them all you have to do is show them this site and then maybe they will grasp the significance of all of this. Good Luck to everyone and I havent received a check yet they say the 26 th it goes out, but then again they said they would review my file to and that didnt happen either. Ha ha ha( im in Illinois)

  872. tristaon 24 Apr 2013 at 7:57 am

    To all they say the numbers mean nothing . Well in my case they don’t match my bankruptcy . Or either forecloser there where to tries at that one in bankruptcy one a year later.and not with country wide or boa. Account.

  873. NJon 24 Apr 2013 at 7:58 am

    co worker received 3k which he was really surprised because he didn’t think he qualify for payment.He didn’t file and he walked away from his home due to reduce income. He knew that he could no longer afford the payment.I’m happy for him but at the same time people who went thru all the process to keep their home and file IFR received less than him.Its so not fair.

  874. Mariaon 24 Apr 2013 at 8:08 am


    for what is worth I did sign for this petition – it said it needed 6 more… so here is the link again folks… KEEP THE FAITH…



    Sign this petition if you believe that they should review our loans like they started to. We deserve answers!

    Link below:


  875. darleneon 24 Apr 2013 at 8:13 am

    The HAMP program was part of the stimulus bill. That money was to help homeowners stay in their houses. How much help did they actually receive.? Not much. Geithner refused to allow principle reductions. The Inspector General for the program wrote a book about the corruption of it. It is still going on because now they are masters of it and everyone on this board had to deal with the criminality and shock of the experience.

  876. Veronicaon 24 Apr 2013 at 8:19 am




    Sign this petition if you believe that they should review our loans like they started to. We deserve answers!

    Link below:


  877. martyon 24 Apr 2013 at 9:07 am

    “To all those who think you shouldnt tell your story or write your thoughts, please. This is the first time and only place where you know it was not just you. You know you are not crazy and that others have fought just as hard. This is the only place that all documentation of how many people have gotten screwed can be easily accessed. Its sad but comforting knowing you are not alone. I only wish i knew these people and there stories while i was going threw it for all these years.”

    The first time? The only place? Is there really someone out there who up until the day this article was posted and these comments started being posted who thought NO ONE else was having foreclosure issues???? You thought you were the ONLY one?

    Mortgage and foreclosure issues have only been national news for about 6 years or so at least and as they are the largest part of the financial crash of 2008, I fail to see how anyone could possibly think that only now- with this comment stream – you are finding out that there are others who have had problems similar to yours.

    There have been websites following this mortgage fraud for years. If it makes someone feel better to write out their story, fine- but to think that this site and these comments are really the first and only realization you have that others have suffered too is unbelievable.

  878. Non 24 Apr 2013 at 9:12 am

    Still waiting….

  879. Jeffreyon 24 Apr 2013 at 9:28 am

    Called 3 times back to back and found out check will be issued Friday coming from Minnesota. BofA, foreclosure initiated, no more info…

  880. normanon 24 Apr 2013 at 9:44 am

    Not in 3 wave …. Boa is the servicer with bankruptcy, modification denied .. anybody in my shoes?

  881. darleneon 24 Apr 2013 at 9:46 am


    Let this forum evolve as it will. In the first few years we were quieted because we were told we were losers, it was our fault and most were too ashamed to tell their stories. Sites popped up with stories, but there has never been restitution. I had 4 properties with chase in some phase of foreclosure since 2009 so I would say, take your experience and quadruple it and still I am learning from others experiences on this board. We’ve already been quieted enough. I’ve read every single thing I could over the past 4 years and thought I knew the extent of the criminality and still learned new things here. Don’t read the post, lose your tab button, but please do not tell anyone to not tell their story or attempt to diminish them in any way..we have had enough of that, or at least I have

  882. Donnaon 24 Apr 2013 at 10:15 am

    @Marty, I don’t know who you are or who you think you are, but obviously, you feel entitled to belittle and talk down to people on this site for what they post. Let people post what they want. If you feel otherwise, keep it to yourself. We don’t need the drama or the anger that you are trying to stir.

  883. Rufinoon 24 Apr 2013 at 10:28 am

    Unbelievable was told las week my check would be in on 04/19/13 for Litton. When I called today was told it would be early May?

  884. Michelleon 24 Apr 2013 at 10:28 am

    People are your reading the posts. Some ppl didn’t even fill out a review and got 6000.00. Rust got paid all this money and didn’t do their jobs. They just passing out money like they are on a black jack table. Citi tried foreclose on me being only one month behind send a check in to play catch up and 3 days later the sheriff is knocking on my door with foreclosure paper. Call citi and ask them what happen to the payment that I send in they said they are returning it because they wanted more money, WTF ran to the lawyers that they hire show them the copy of the cashiers check and they told me that I shouldn’t be in my situation to contact citi back. I only had 2 weeks before they evict me out of my house. Send all the money in and they stuck me with the 2000.00 lawyers fees. Wait a min citi you guys shouldn’t even had file forecloser on me in the first place. Who sends money back. They only wanted 300.00 more crazy for what I don’t know. After this I’m getting a lawyer have all my paperwork this was so wrong on their part. At the end I will prob getting 300.00 for all the stress.

  885. tinaon 24 Apr 2013 at 10:38 am

    Michelle, I wish you luck. I had the same problem as you are having with citi, after 3 yrs they beat us down so bad with atty fees and other fees that we had to file chapt 7. Only behind one month when they started foreclosure. I also filed review. Yesterday those bastard pigs sent me a check for 300. All the hell they caused us losing our good credit, home everything and they sent us a dirty 300. I wish you all the good luck but I hate those bastards!

  886. #Kristion 24 Apr 2013 at 11:03 am

    Jessica W.,

    Thanks for responding. I was thinking that they would tell you the amount only if they had sent it out, and I saw someone else just post the same sentiments. Congrats to you. Keeping hope alive here in Georgia.

  887. martyon 24 Apr 2013 at 11:12 am

    “@Marty, I don’t know who you are or who you think you are, but obviously, you feel entitled to belittle and talk down to people on this site for what they post. Let people post what they want. If you feel otherwise, keep it to yourself. We don’t need the drama or the anger that you are trying to stir.

    Anger? Drama? Sorry- no- just reality.

    I have been following this stuff for years, and am not naive or callous enough not to appreciate what many have gone through. Especially since I have been following this for so long.

    However, it seems clear that a lot of the frustration and questions posted here could have or could be resolved by information and also as painful as it is, to realize the reality – yes, the reality – that this IFR settlement is basically done and over with. I agree with anyone on here who would like to see more action taken against the banks -MUCH MORE action, in fact- and against the supposed “regulators” who are just as guilty of malfeasance.

    The only reason that we have not seen a literal revolution in this country over this stuff is that the extent of the knowing fraud and deceit has been covered up and smothered by the politicians and regulators. How many here have followed the MERS system and the scandal is it?

    I very much hope this massive fraud is pursued further and hope that the outcry against the blatant unfairness of these checks being sent stirs something up. But, the reality is that the regulators, the banks, Congress and the media (for the most part) have a vested interest in tamping down protests and moving on.

    The banks and servicers have shown their utter inability to keep good and accurate records- hell, they made them up when they lost them. And given that the OCC and the Fed shut down this IFR (and even set it up) to avoid exposing the extent of the rot and fraud makes it clear that they cannot be seen as anything but accomplices- not our rescuers.

    So, protests on the OCC site? Fine, but given they just shut this review down, what makes it likely they will open another one? Same for the Fed.

    Congress? Sen. Warren and Rep. Maxine Waters and a couple others are probably our best hope.

    Lawyers for a class action suit? I don’t know enough about that but don’t hold out much hope.

    My own opinion is that it would take literally millions of people in the streets at Congress or their local reps (much like the Occupy movement) to begin to make a dent in the inertia in Washington (and the media) that does not want to wade into these millions of mortgages and try to reconstruct all the details. They couldn’t produce a paper trail if they wanted to.

    So – anger at those posting here? NO
    – belittleing them? NO?

    Some frustration at the lack of information that some seem to have, or at what seems to be the thought that reciting the individual details of each case going back years will have any effect other than making the poster feel better? Yes – it is just a simple fact that as I sit here today- the actual details of my foreclosure back in 2008 are not really relevant NOW.

    I am sorry for anyone who thinks I am: angry, trying to control anyone, dominate them, etc. Not the case.

  888. Donnaon 24 Apr 2013 at 11:17 am

    @ Veronica. How many names do you need on this petition and to whom is it being sent?

  889. Ms rozon 24 Apr 2013 at 11:25 am

    Just called rust got more lies check in 2wave but no address change sense march 14. They still have my foreclosure address on file this is a joke some b s

  890. Margoton 24 Apr 2013 at 11:34 am

    I haven’t received my check $300-$500 yet
    I was with WF for loan modification denied, deed in lieu denied, short sale denied, so I had to walk away from the property in Sep 2011 after almost two years trying to negotiate with the bank

  891. mznikita1on 24 Apr 2013 at 11:49 am

    Have anyone received anything from U.S Bank

  892. Pamon 24 Apr 2013 at 11:58 am

    Margot, your situation mirrors mine and WF. I may have misinterpreted the chart re loan mod. I thought I should receive 6000.00 but got 2000.00 yesterday. I did fill out the IFR. So I fell under the 1000.00 category, correctly or not. I too was waiting for my 600.00 check but was fairly happy to get 2000. I hope the same, or better for you.

  893. keith Won 24 Apr 2013 at 12:07 pm

    I received my check yesterday for a 1,000
    and went to bank the today and cal Huntington Bank to verify
    the funds, and the account had sufficient funds and I cash it at my
    bank. I am in the southern CA. i just wanted to share.

  894. Miss S.on 24 Apr 2013 at 12:12 pm

    Received $6000.00 check today from Florida, can’t say i was happy but i guess some is better than none. I had no problem cashing the check at all, good luck everyone.

  895. darleneon 24 Apr 2013 at 12:30 pm

    There was a settlement for this review and at the last moment.. one week after the extended deadline..the old program was scrapped and a new unethical one completed. There is no appeals process for this money but this was not done on the up and up. We know that.. everyone knows that…the banks know we know and every step along the way defy us and congress and any regulators to do a darn thing about it. That’s how they treated us individually and that’s how they treat us collectively. More importantly, that’s how they treat the law and the settlement. One big joke. Elizabeth Warren is one senator..one newly elected senator and there are 99 others who don’t give a flip about protecting their constituents. ..or the law. We don’t even have a concerned media..the average joe is just hoping none of this ever happens to him. Definitely not the America I thought was America or grew up in

  896. LeeAnn - so. ca.on 24 Apr 2013 at 12:49 pm

    Am I reading correctly that a person that follows this forum thinks that people are wasting their time by stating their foreclosure facts and you feel what’s the point when it wont matter to anyone anyways. Is that similar to what the banks attitudes have been..squeak all you want it wont help..I for one have found so much comfort in reading everyones situation as long as its to the point and brief and if its not I have the beautiful option of just skipping it and going on to the next one. Some people are just now comming out of their 3year fog and have never spoken of their situation due to embarrassment and shame and afraid to be judged and for the first time feel someone is listening and went thru the same thing on this forum. I would much rather read about someones foreclosure on this forum than hear that someone took their own life on the nightly news.

  897. lisaLon 24 Apr 2013 at 1:12 pm

    I agree Le ann…we have all been through so much. the sleepless nights, the anxiety, tears, dreads, fears, the anger! I encourage people to share and I promise I will read your entire post and I can certainly relate to some of your feelings.
    We were fortunate, we fought 3 long, hard years and were able to save our home. But we had an attorney who was a bulldog! Because of our case, area attorneys actually changed some of they way they handled similar cases to try and head off disaster for others.
    Good Luck everyone and I hope you all find some peace of mind.
    and know that some day, these people will stand before God and have give an accounting for their actions. That may comfort us little in this lifetime but no action goes without recompense..wheher it is here on Earth or after.

  898. Donnaon 24 Apr 2013 at 1:19 pm

    Yes, LeeAnn, you read correctly. Obviously a very bitter and calloused soul. I, too, find comfort on this site knowing that I can share information about my situation that I haven’t shared with my family or my friends. Nobody knows what we are going through because of the fear of negative reactions and the stigma attached to BK and foreclosure. Also, this was the first site I found when I started searching for information about the IFR. Since I have been following these posts I have found 2-3 other sites that help me to connect the dots and become more informed. I see now how deep the corruption has gone. I also exercise my right to skip posts I don’t find particularly helpful.

  899. VEon 24 Apr 2013 at 1:30 pm

    Beth, we are still in bankruptcy also, as I stated, we have 2 1/2 yrs to go on the 5 yr plan. When I do get my check, I do not plan on sharing it with anyone or calling my attorney. We are “paying as agreed” and they take almost every dime of our paychecks, I feel like its a don’t ask, don’t tell siuation. Have been thru too much to worry about if they should take anymore money. Good luck to you!

  900. kishaon 24 Apr 2013 at 1:40 pm

    Congrats Miss. S,
    I KNOW. You are. Glad, I am happy for you, !!!!!! I am still waiting. In Louisiana

  901. KahunaKevon 24 Apr 2013 at 2:05 pm

    I understand how one bank, or two banks could be so inept–but 13?! How can 13 major US American banks have been so sloppy and careless intentionally without some kind of hidden culture of communication between them, really? I am not a conspiracy theorist–but what are the odds of ALL of them, (as they have undoubtedly proven) been so ‘bass akward’ in their approaches to foreclosure, unless they had some kind of internal communication with each other? What are the odds? Standing back and looking at the forest, what are the odds of so much fraud and ineptitude in an environment that is supposedly ‘monitored by regulators and auditors’!!! This is outrageous! Join us at foreclosurevictims.freeforums.org and see what everybody else in our shoes is saying! Civil Suit–class action!

  902. Brenda M.on 24 Apr 2013 at 2:20 pm

    I received a check in the mail today for 7,500.00!! I completed the IFR form and I’m still in my home waiting on my modification approval. I was in a Bankruptcy when BOA attempted Forclosure on my property. I lived in Alabama. I’m happy because I only expected the 3-500 like most people. Wow!!

  903. Donnaon 24 Apr 2013 at 2:25 pm

    @KahunaKev I love your posts.

  904. Tonyaon 24 Apr 2013 at 2:26 pm

    @ Rufino…I just called Litton and was told early May as well.

  905. Margoton 24 Apr 2013 at 2:27 pm

    I want to share with you this very interesting article, so you can find at least some information

  906. Michaelon 24 Apr 2013 at 2:43 pm

    I really think u all should stop your bragging and whining! ! If you were forclosed on due to no fault of your own then I feel for you. If you haven’t fulfilled your obligations as an adult and you lost your home then it’s YOUR FAULT! You should just be happy with whatever you get! I’m with Marty on this one! Also, Brenda M it’s not cute to brag! Miss S. Just be thankful! Signing out!

  907. Elizabethon 24 Apr 2013 at 3:08 pm

    US Bank was my mortgage company. Rust told me yestarday my check would be mailed Friday March 26. I am expecting $300, so if I get more I’ll be surprised. I’ve looked through many comments and not many people had US Bank as their mortgage carriers. I guess we shall see what happens

  908. KahunaKevon 24 Apr 2013 at 3:08 pm

    Thanks Donna. Micheal, that is far too harsh for here. These folks have been through, what I can only imagine from my own experiences–hell. No one is bragging, and by God they have earned the right to whine as you call it. I want justice. Common sense. Decency. The servicers have not only failed their diligence on this matter, they have the audacity to stand before a congressional hearing and proclaim their innocence! Let me simplify for it you Michael–I was wronged by a bad guy. Then somehow the bad guy was given authority to tell me, not only how he wronged me–but what his punitive punishment should be–without giving me a say in the matter, or what supposedly are my ‘guardians in the OCC and the Fed. Since when has justice been served by that? Let’s just back up 6 years and give me my houses back and let me make payments like I was before the economy went into the toilet. Would that be right for the folks that bought my house?

  909. LeeAnn - so. ca.on 24 Apr 2013 at 3:13 pm

    @michael, theres no need for negative comments. Everyone on here checks the posts often to find out if a check came in someones mail and how much they got. The ache for our homes back lives In all of us, it was our safe place where we could go as we are and not be judged or questioned. Your journey has obviously not been the same as ours.

  910. Rufinoon 24 Apr 2013 at 3:29 pm

    Thank you Tonya looks like we are in the same boat….good luck to all………

  911. LeeAnn - so. ca.on 24 Apr 2013 at 3:33 pm

    @Donna, @LisaL, thank you…

  912. Donnaon 24 Apr 2013 at 3:35 pm

    I think Michael is Marty’s other self.

  913. LeeAnn - so. ca.on 24 Apr 2013 at 3:38 pm

    @Margot, that link shows an error. Can you repost please.

  914. LeeAnn - so. ca.on 24 Apr 2013 at 3:41 pm

    @BrendaM, whooo hoooo. Im so happy for you girl.

  915. Veronicaon 24 Apr 2013 at 3:54 pm

    Hello KahunaKevo,

    I completely agree with you in that “Thanks Donna. Micheal, that is far too harsh for here. These folks have been through, what I can only imagine from my own experiences–hell. No one is bragging, and by God they have earned the right to whine as you call it. I want justice. Common sense. Decency. The servicers have not only failed their diligence on this matter, they have the audacity to stand before a congressional hearing and proclaim their innocence! Let me simplify for it you Michael–I was wronged by a bad guy.”

    Very well stated!!


  916. lisalon 24 Apr 2013 at 3:59 pm

    PASS IT ON….new whitehouse petition demanding reevaluation of IFR…..and OCC and Fed reserve’s role. Need 150 signatures before it will be moved to main whitehouse.gov site, PLEASE SIGN! We need all the publicity we can get!
    link below


  917. sassypantson 24 Apr 2013 at 3:59 pm

    # norman—I was not with BOA BUT I had the same situation. Mod denied and filed BK. End result was $6K

  918. Miss S.on 24 Apr 2013 at 4:06 pm

    Thanks Kisha! And to the person who posted a mean comment you don’t know what we went threw !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  919. Margoton 24 Apr 2013 at 4:44 pm

    LeeAnn here is the article, very interesting! Thanks for letting me know. It make sense why there are so many victims falling into different categories and why.

  920. Joe Blowon 24 Apr 2013 at 4:45 pm

    Not sure how much I might receive? My timeline is as follows. I contacted Citi to try to do modification. Told I couldnt qualify until I was at least a few months late. I fell behind a few months and soon received foreclosure court notice. I again tried to qualify and received no answer followed up again an this took months. Finally told I did not qualify because they would not accept unemployment money as income and they would not accept rental money as income even though I had written rental agreement. I then had to declare Chapter 7 BK. I was discharged from the BK and then tried to do short sale. The short sale was denied and I lost my home. I called Rust and they said my check is going out on 4/26 but they would not tell me the amount. Where do I fall in the chart? I’m sure I’ll get less than whatever it is.

  921. charleson 24 Apr 2013 at 4:48 pm

    Has anyone received or even heard of anyone receiving compensation for lost equity or is that just in there to try and make the table look better?

  922. Margoton 24 Apr 2013 at 4:51 pm


    I hope this one works!

  923. Scarletton 24 Apr 2013 at 4:58 pm

    @Marty and @Michael
    Bug off!

    People keep talking. I think this is a good record of all the fraud and can be used in individual and / or class action suits.
    BOA, Georgia here, still no check.

  924. kishaon 24 Apr 2013 at 5:01 pm

    Your. Welcome Miss S. Don’t worry about that negative commenter, its a shame when people can be so negative, , a.nd when you don’t have anything usefull to sayDont. Say anything, we all have been through so much from this ordeal. And finally we have a place to vent and share our experience s with others who have had the same experience s, it is very comforting and threrapy to us all.

  925. Rufinoon 24 Apr 2013 at 5:11 pm


    Litton Loan Servicing and Saxon Mortgage Servicing did not conduct a Borrower Outreach program similar to the other servicers where borrowers were able to submit a request for review form. Borrowers whose primary residence was in a foreclosure action in 2009 or 2010 and whose loan was serviced by Litton Loan Servicing or Saxon Mortgage Servicing are included under the terms of the Agreement even though a request for review form was not submitted.

  926. M.mon 24 Apr 2013 at 5:14 pm

    Still waiting in Illinois, Good luck to everyone.

  927. Rufinoon 24 Apr 2013 at 5:20 pm


  928. Michelle- Alabama/ BOAon 24 Apr 2013 at 5:28 pm

    5/24—-Still no check. I’m not even in the 5/26 wave. I thought the later waves were for the people who they requested more info from. I’m confused. :-(

  929. Claudiaon 24 Apr 2013 at 5:33 pm

    Contacted Rust third wave being sent out this Friday. I had my loan with Aurora. They are now closed so not sure who exactly will be deciding on the amount I get. I fall in to several categories. I was offered 1 modification which I denied since option increased my payment by $450!!! They were nuts!!! I also lost my home and then had to file BK since I used every bit of my money to try to keep my home with several different promised agreements. Not sure how they decide payments but am expecting 3-500. Thinking 500 since they supposedly offered me a modification that nobody in their right mine would take. I still hurt about how they played with my emotion many many times with lost docs and waiting on decisions that never came. While the bank still took LARGE monthly payments.

    CA will post when check arrives.

  930. billyon 24 Apr 2013 at 5:33 pm

    @micheal n Marty..it’s a sad day in our country when we cloth n other.heartache we all (including)u should stand up for ur fellow man especially when they r down why kick them I love this country b/c we stand for law n justice for all but we do realize alone the way will will encounter bad apples that will ruin. The whole bunch I”am sure a lot of these ppl did not want to lose their comfortable homes but some time we,lose jobs,a spouse die or child dies maybe a serious disease hit some families n we all know how expensive treatment can be before u throw coals on someone else make sure they will not fly back on u

  931. VEon 24 Apr 2013 at 5:40 pm

    It seems to me that Rust only gives out info once the check has been issued, but not yet sent. I think they do know when they will go out, but like I said, they will not give any info unless the check is cut and waiting to be mailed on their mail dates. I called and rec’d no info, I am going to wait until after this Friday, the 3rd wave is sent, and call again, I bet then they will be able to tell me that I will be in the May 3rd mailing. Anyway, just a thought of how it seems to be working. I have signed up also on the foreclosure

  932. VEon 24 Apr 2013 at 5:42 pm

    It seems to me that Rust only gives out info once the check has been issued, but not yet sent. I think they do know when they will go out, but like I said, they will not give any info unless the check is cut and waiting to be mailed on their mail dates. I called and rec’d no info, I am going to wait until after this Friday, the 3rd wave is sent, and call again, I bet then they will be able to tell me that I will be in the May 3rd mailing. Anyway, just a thought of how it seems to be working. I have signed up also on the foreclosure review forum that I would love to be included in a major class action.

  933. Stephanieon 24 Apr 2013 at 5:56 pm

    Very interesting and wonder if anyone else is/will experience this.

    Facts – 1st with BofA and 2nd with PNC
    Submitted for IFR
    No check yet
    Foreclosed after numerous attempts to modify and even sold the property but with the money sitting in the bank and all papers signed, BofA wouldn’t accept because PNC was getting $3,000 more than they would allow. (and yes.. I offered to give BofA up to $10,000 more than sell price to make them happy). No.. they foreclosed instead.

    Haven’t called to see if mailed. Postcard went to old address and Rust won’t update in their system.

    ****So after 3 years… I just today received a letter from a collection agency for the 2nd mortgage. I find it very strange that it all seems to coincide with these “payouts” (and I hate using that term after how this has been handled). NO word from them for 3 years and then all of the sudden as this whole thing is going on.. bam…. we are coming after you.

  934. Sergeon 24 Apr 2013 at 6:14 pm

    Hello to everyone! I just receive $1,000 with CHASE. I didn’t get it, how the “Rust” review with CHASE on my foreclosure of the house. In 2009 my house was in the process of foreclosure. At the end of 2008, I got laid off, the company shut down. “Washington Mutual” was my mortgage, and sold to “Chase”. I was in a hard position, like everybody…. with late payments, “Chase” offered modification, I was on trial for 8 months, then ” Chase” stopped accepting my payments, as they explain to me, “Chase” lost my case for trial, and they told me to do the modification over again. They denied three more times, between this time I had been in chapter-7 for BK. Last year I hired a lawyer for help for the modification, and work , but it was on $150.00 more than the original loan payment, it was more than 70%, not 35% as Obama program for modification. Hell NO, I said to them…. the Lawyer offered more help for me for the foreclosure case…. $400.00 dollars a month, No thanks. Chase foreclosed on my house, again, last year. Then I decided to move on to a short sale, Chase approved … and two months ago I sold my house. Now I am renting an apartment witrh my wife and two kids. I will tell you this, I was looking to qualify in few categories of payment… probably they RUST and Chase put me in a low category…..We are in LOTTERY!!!!!

  935. Sandion 24 Apr 2013 at 6:19 pm

    @Michael and Marty…
    My loan was with Saxon. I am 37 years old, worked for the same company for 15 when they decided to just shut the doors one day. Two months later, after being unable to find a job, I began to get ill. My husband thought I was depressed or exaggerating and left me for another woman. So, I was sick, unemployed, uninsured, and a single mom and still making ALL my modified payments out of my unemployment when my house was foreclosed on….. I was NOT faking.. I had a brain tumor and was jerked around by Saxon……
    The point is you don’t know everyone’s story and for some of us even if we did get the maximum, it won’t make a dent in our suffering. God Bless your simple minds.

  936. Michelle- Alabama/ BOAon 24 Apr 2013 at 6:25 pm

    @Serge. It’s very sad, but they really are referring to our loss ans these payouts as THE LOTTERY!! More like a Cracker Jack Box …lol..It’s crazy, but I pray everyone else including myself receive a decent payment amount. I’m praying this Class Action Lawsuit goes through as well. I signed it and i’m ready!!

  937. Gailon 24 Apr 2013 at 6:33 pm

    From Kansas, received $6k today from HSBC, wrong category of course, but feel blessed I received more than the majority of us who lost their homes to these greedy a**hole crooks. Completed IFR forms in early 2012, last name begins with A. I was in Forebarence

    PASS IT ON….new whitehouse petition demanding reevaluation of IFR…..and OCC and Fed reserve’s role. Need 150 signatures before it will be moved to main whitehouse.gov site, PLEASE SIGN! We need all the publicity we can get!link below:


  938. Bobbion 24 Apr 2013 at 6:37 pm

    I received our check today 800.00:( We were in the BK class.. I live in NC Chase …Here is my code 100c0061218-0018-630-03.

  939. Elaineon 24 Apr 2013 at 6:57 pm

    I have read on another forum that saxon mortgage checks will begin to be mailed the beginning of may. Has anyone else heard the same or called in to rust and told the same?

    Just wondering, our mortgage was threw saxon and it was in my husbands name only. When I call, they won’t tell me anything and getting my husband to call is like pulling teeth.

    To all that believe this is a lottery or crap shoot, I agree. I truly feel bad for everyone. We deserve way more! They (the banks) have ruined a lot of lives (financially and emotionally) and they could care less.

  940. ROBINon 24 Apr 2013 at 7:08 pm


  941. martyon 24 Apr 2013 at 7:09 pm

    “I’m with Marty on this one!”


    You may think you’re with me – but YOU ARE NOT.

    Your “be happy with what you get” is NOT my view at all- apparently you can’t read very well.

  942. Ms rozon 24 Apr 2013 at 7:32 pm

    Ecreditdaily 7hrs ago they posted a story about the petition

  943. martyon 24 Apr 2013 at 7:32 pm

    “My loan was with Saxon. I am 37 years old, worked for the same company for 15 when they decided to just shut the doors one day. Two months later, after being unable to find a job, I began to get ill. My husband thought I was depressed or exaggerating and left me for another woman. So, I was sick, unemployed, uninsured, and a single mom and still making ALL my modified payments out of my unemployment when my house was foreclosed on….. I was NOT faking.. I had a brain tumor and was jerked around by Saxon……
    The point is you don’t know everyone’s story and for some of us even if we did get the maximum, it won’t make a dent in our suffering. God Bless your simple minds.”


    NOTHING I have posted on here has even hinted that you or anyone else is “faking”. In fact, that is one of the most repulsive, ignorant ideas that I have seen online for years – that large numbers of homeowners were faking, and as Michael (who I am disappointed to see I am being lumped in with) also seems to think.

    Please – read more carefully- I DO NOT, and NEVER DID blame anyone on here for their situation.

  944. Seanon 24 Apr 2013 at 7:33 pm

    And they are trying to disarm us and remove our right to bear arms? Do you see the pattern here? It’s time for us to rise up and take back what is ours. No more talk. We have to unite and fight for what is ours. Revolution is a necessary means to right the path of history when those in power and who control our wealth are no longer able to be controlled by the government or when the government and those in power become one in the same. The people really need to rise up and revolt. We have become so soft people are too afraid to take back what is ours. Remember who we are, where we have been and what it means to be Americans! Who’s with me?

  945. martyon 24 Apr 2013 at 7:39 pm

    “Yes, LeeAnn, you read correctly. Obviously a very bitter and calloused soul”.

    No- LeeAnn reads incorrectly – as you do.

    A bitter and calloused soul would not be reading these comments nor spending the time to respond. Nor would that bitter and calloused soul post information on the other settlement in the hope that there are many here who it may help.

  946. Gailon 24 Apr 2013 at 7:47 pm

    Everyone needs to ban together and sign as many petitions as possible to stand up and be heard!


  947. Michelle- Alabama/ BOAon 24 Apr 2013 at 8:02 pm

    I don’t think the numbers really mean anything on the postcard. Well, except for the reference numbers.

  948. Lenaon 24 Apr 2013 at 8:04 pm

    I was with Litton, had my home in Pasco County Florida ( Trista and Marty, New Port Richey)…since Litton Loan ( Goldman Sachs) wasn’t at first in the IFR, we were never sent a review to be considered. So we should not be penalized for that, we never were given the change to be reviewed. I called Rust a few days ago and was transferred to a rep handling Litton Loans and was told my check would be sent out May 3rd, and they also said that would be the date for Saxon ( Morgan Stanley) since they were not included in the initial review either.
    My foreclosure went quick, Had my house up for sale, then went up for short sale, they foreclosed within 3 months. The modification they gave me was a joke, with my homeowners insurance ( citizens) had tripled because of the hurricanes and my adjustable rate going up to 11 percent, it was almost the same as the original payment. The company I work for went into bankruptcy so we all had to take almost a 25 percent pay cut, and I was a single mom not getting child support. I got a whopping 30 day extension from the courts to try and sell my home.
    I am curious on how Rust got my current address, I transferred to Atlanta for a job promotion, and had been renting a condo before I moved, but they found me in Georgia. I am moving again next week to a house (renting) and asked Rust if they would take my change of address, they said they could send me a form and it would take 30 days. They assured me it would be forwarded since I filed a change of address with the post office.
    anyone else get their check forwarded to a new address?
    I wish everyone the best of luck with moving on, and to a better life. We all have been through hell and back.

  949. Lady Son 24 Apr 2013 at 8:40 pm

    Hey everyone, I Signed the petition under the whitehouse website. I havent rev’d anything yet but your comments alone have my heart heavy hope this can do more.

  950. Kelly Joon 24 Apr 2013 at 8:58 pm

    We also had Litton handling our mortgage. Same story pretty much – delays all the way thru. We had to go into a Chapter 13 to slow things down but the BK payments were really high and on top of that we were making a regular house payment. Let the Chapter 13 go and held our breath for a modification that didn’t happen. Luckily we were sold to Ocwen before Litton could complete the foreclosure. Ocwen gave us a very good modification right away. I know the only thing that saved our house was the timing…… Had Litton had their way we would have lost our home.
    I hated having Realtors sending us post cards telling us we were stupid if we didn’t let them short sale our place or our kids calling me while I was at hospital (Husband in ICU for 45 days) and telling me creepy car was in front of the house taking pictures etc….
    I know business is business and we should have been prepared financially to pay our bills but… Litton should never have made us believe a modification was a possibility and have me send paperwork to them over and over if they never had any intentions of helping.
    I am so sorry for everyone who lost their homes and were let down by the IFR.

  951. Jillon 24 Apr 2013 at 9:40 pm

    Marty in reguards to what i typed…. Im not saying its the first time i heard about foreclosure problems. I was referring to this particular instance. Since i was responding to THIS blog i obviousley was referring to this time not 8 years ago 10 years ago 20 years ago. I myself know alot about mortgage fraud, foreclosure modifications. I choose not to write every specific detail, as per say you in previous blog, everyone typing to much. That was u right? As for being a realist, hummm yes we all got screwed, and yes they probably wont do crap about it, yet if it makes everyone feel better to type about it then so be it. I dont see anyone asking you for your opinion on what Marty thinks. If you dont like our comments, if you dont agree thats your right but then leave this blog if it annoys you on how no one knows as much as you do. And, if i was someone who had not heard of this mortgage foreclosure problem for the past trillion years then the decent human thing to do would have been to explain it not act as if i created the biggest sin by not knowing. This is a support place, not a i know everything place. So excuse me for not clarifying that i was referring to THIS moment in time, thought that was obvious since no one is discussing mortgage problems from centuries ago.

  952. LeeAnn - so. ca.on 24 Apr 2013 at 9:42 pm

    I too signed the Whitehouse petition. .

  953. tristaon 24 Apr 2013 at 10:13 pm

    Lena not in New port richey I’m on Pasco/ Hernando line Marty was in Pinellas county but I work all of pasco county. So nice to talk with you. Good luck:-)

  954. VEon 24 Apr 2013 at 10:34 pm

    I just signed the whitehouse petition, everyone who has commented on this forum needs to sign, need 99k signatures before May 24th!

  955. Terion 24 Apr 2013 at 10:55 pm

    Wonder what category I am in. BANK OF AMERICA FORGED MY SIGNATURE and my husband’s signature on ONE of our “notes”……and then on our “other fake note”, they only forged HIS signature and then added the fake endorsements. These TWO NOTES are supposed to be for the SAME MORTGAGE. Not a first mortgage, then a second mortgage, but TWO NOTES, both forged on the same “day” …. I didn’t see a box to check for the category of blatant forgery with intent to defraud. And that is only part of what they have done to us. Erroneous late reportings dating back to 2002, 2007, and now 2013. Each one causing years of grief. They also BROKE THE HEAT IN OUR HOME. Took them 8 months to finally fix it, then they added it back onto our bill!!! Their affidavits are full of lies and malicious errors. Won’t even go into detail on the dual tracking, qwr baloney, years of lies and crimes they still will not admit. I do finally have legal representation. Wonder if we will get the $300 bucks. LOL. That does not even cover the work I did just today on this case.

  956. Terion 24 Apr 2013 at 10:59 pm

    http://wh.gov/tILP SIGN IT!

  957. AMANDAon 25 Apr 2013 at 2:05 am

    I was a homeowner for 10yrs. with CitiMortgage they sold my loan to Selene Finance when I got fired from my job in 2009. Selene foreclose on my home as of today I’m still homeless even lived in my truck before it got repo. I’m still waiting to see what Rust will be sending me for some hope to pay for a place really need to relocate being in TN is hard seeing my home still empty where once I had a happy home with my children. It’s been devasting. I will sign petition and if anyone have any assistance in advice like relocation assistance I do appreciated it. Thanks everyone for your comments

  958. Wilhelmon 25 Apr 2013 at 2:16 am

    I just signed up http://wh.gov/tILP . Let’s all get involved to give traction to this petition. This needs to be approached from all angles. No one should feel down and out cos it ain’t over till it’s over. I haven’t received my check yet, however, I am pledging my moral support to this cause until we all receive redress. Let us all sign the petitions and raise our voices wherever we can to keep the momentum going.

  959. Sandion 25 Apr 2013 at 4:51 am

    I just signed the petition and I was signature 35! We have to sign it, guys!

  960. Michelleon 25 Apr 2013 at 5:23 am

    @Joe Blow
    Citi did me the same way. Where they get to do that from. You know right now no money is enough money for the stress. Sleepless nights and top ramen dinners for me and my 3 children.

  961. tinaon 25 Apr 2013 at 5:25 am

    Just signed the petition, please sign this petition. PLEASE!!!! I was the 38th person.

  962. tinaon 25 Apr 2013 at 5:30 am

    I was 39th person ooopps, but we need more signatures.

  963. Leslieon 25 Apr 2013 at 5:54 am

    I just signed it! 42!!! Still waiting on my check, which by looking at the other post I am not too excited about it. Good luck to everyone that are still waiting.

  964. KahunaKevon 25 Apr 2013 at 6:02 am

    #44–Long way to go to get to 100,000!

  965. Donnaon 25 Apr 2013 at 6:03 am

    Well, got my $500 big ones yesterday from Aurora. Disappointed? For sure. Surprised? Not so much. I requested the review. Was with Aurora, mod denied, Chap 7 BK filed to prevent foreclosure, approved for HAFA short sale, no buyers. Sold mortgage to Nationstar, back to foreclosure process, filed for HAFA short sale over and over and over again (paperwork never received). Finally got my congressman’s office to call then was approved. Still no buyers. Lost my $200,000 cash down payment on my dream house and now house won’t sell for 1/3 of what we paid for it. Makes me sad. Unless we get a miracle it will foreclose within a couple of weeks. I suppose they don’t consider money lost from down payments as being harmful to us? Luckily, we had the foresight to see this coming and was fortunate enough to find and purchase property from a private party. My husband is a general contractor so, for the last 3 years, we have been building a new home completely out of pocket and my dear husband has done this all by himself from top to bottom using every spare minute and every spare dollar. Was hoping we would be put into the correct category as the home still needs the toilets and carpet and kitchen but if worse comes to worse, we still will have shelter. We are in our 50’s and starting over literally from scratch. I signed the White House petition and will copy and paste that link to other sites I visit. I encourage all of you to do the same. Good luck to you and fight the good fight.

  966. Cindyon 25 Apr 2013 at 7:19 am

    I have not had time to read the blogs above for the last two days, and need to get caught up. Can someone supply me with the White House Petition link? thanks.

  967. M.mon 25 Apr 2013 at 7:29 am

    I Just signed it # 69,, please we need more people to do it too.

  968. Leslieon 25 Apr 2013 at 7:37 am

    Here you go.

  969. Donnaon 25 Apr 2013 at 8:02 am

    I encourage all of you to copy and paste the White House petition link to your FB pages for your friends to sign also. Don’t have to be in foreclosure to sign.


  970. Moseson 25 Apr 2013 at 8:02 am

    I’ve just signed #76. Come on lets all do this!

  971. Jon 25 Apr 2013 at 8:44 am

    Called Rust this morning because obviously I was not in the 2nd wave. I was told after being transferred to my mortgage co that yes I was approved to receive a check, but when asked if I was going to be in the 3rd wave the agent immediately went to her script and told me that I will received a check between now and August. Basically got no where and will continue to wait. I just want to know when the $500 is coming so I can properly plan my budget.

  972. LisaLon 25 Apr 2013 at 8:49 am

    whitehouse petition update
    we are at 80…70 more and we go and then we on the main whitehouse.gov site and will have more public viewers to sign! GOOD JOB everyone. Thanks for reposting the links!
    I know 100,000 signatures sounds like a lot, but over 4 million are in the IFR , so lets add friends and family and co workers and neighbors ….dont forget the dog and cat lolol jk.
    one more time heres the link


  973. Ms rozon 25 Apr 2013 at 8:54 am

    I just sign the petition #68 good luck to all

  974. Michelle- Alabama/ BOAon 25 Apr 2013 at 8:57 am

    @J…I just viewed a chart and from the looks of it whomever that’s in the 3rd and 4th waves will get a larger check. I’m not sure exactly how real this chart is but i’m going to try and post the link in a few.

  975. Donnaon 25 Apr 2013 at 9:02 am


    Good article about this mess put in more layman’s terms.

  976. Neeceeon 25 Apr 2013 at 9:05 am

    Signed White House petition #86, makes me sad to read these stories. Ours is not much different than most, sucks to lose your home after almost 20 years due to the incompetenace of these banks when we were trying to hard to do what they were asking! In Florida/ Wells Fargo/ No check yet/ 3rd Wave, waiting and hoping…

  977. CWon 25 Apr 2013 at 9:14 am

    I just signed the petition #89. @michelle yes please post link

  978. Michelle- Alabama/ BOAon 25 Apr 2013 at 9:40 am


  979. Paulaon 25 Apr 2013 at 9:52 am

    Hi everyone. We recieved our whopping $400.00 check from BofA, the worse offenders in the banking industry ,and I have yet to see on these postings, anyone recieving any more from BofA than 6K. I can not believe these banks can give us these small amounts of money when we all went to hell and back. I think that the IFR payment category list is competely fake , they just wanted us to believe that they would actually give out large amounts of money. Nobody on this site or anyother i have been on has fit into the right category…I gave Countrywide 14grand in mid 2009, where did those payments go. They sold to BofA 2008? Gave Bof A 22thousand dollars, which was the entire amount of money that my husband had after his business was forced under and no longer employed at all. We were planning on using that money to modifiy our loan and to fix important issues in our home, but BofA sent a person to Auction our home without notice and we paid them every cent we had to our name, plus they told us if we didnt pay them 4,995.00 a month then they would start forclosure again. Hello… no job, they took all our money, how the hell were we suppose to come up with that. WTH Our payments were 1800… Mind you, my home is prob.worth 110,000. its 300 years old and we qualified for everything and they denied us. I hate them. Good luck to everyone out there cause there is no justice for us hard working Americans. Prayers for the people who lost their lives and who were injured in the Boston Marathon. Fellow Bostonian here…

  980. Jwillon 25 Apr 2013 at 10:02 am

    @Michelle – Alabama: Thank you for the link to that payment schedule. Where did that come from? Can it be verified? I’m curious because if I am reading it correctly, the lowest check amount in wave #3 is $6,000 for those who requested a review and $3,000 for those who did not. But, then it looks like the smaller ($300) payments return in wave four. Wait a minute…this matrix can’t be right because it has no one receiving over $800 in wave one. Haven’t there been people on this forum who received more in wave #1? Maybe I’m just reading this wrong, or maybe I am being really hopeful because I have been told twice by Rust that I am in wave #3.
    Anyone able to decipher this payment schedule?

  981. Andrewon 25 Apr 2013 at 10:06 am

    @Michelle. A million thank yous. I think you are on to something.

  982. Jwillon 25 Apr 2013 at 10:11 am

    Again, thank you for that link. But, I do remember someone on here receiving a check for $62,500. According to this matrix, that amount won’t even be mailed until tomorrow 4/26. I really want to believe that this matrix is accurate, but I think some of the comments on this thread are contrary to the payment schedule. Hate to be a downer.

  983. Veronicaon 25 Apr 2013 at 10:19 am




  984. Amberon 25 Apr 2013 at 10:25 am

    Just called Rust Consulting. Im in CA with JP Chase. Was told 4th wave of payments just went out and that my payment has not been sent out and that it’s still processing. Has anyone with Chase received a check yet?

  985. Jwillon 25 Apr 2013 at 10:29 am

    I’m with Chase and in California. Was told by Rust last week that I am in wave #3 and it will be mailed on 4/26 (tomorrow). Was told that on two separate occasions by two different people. My understanding about the “waves” is this:
    wave #1 4/12
    wave #2 4/19
    wave #3 4/26
    wave #4 5/3

  986. Leslieon 25 Apr 2013 at 10:31 am

    I do remember someone getting 62500 as well. That is a downer. I am still keeping fingers crossed!

  987. Donnaon 25 Apr 2013 at 10:41 am

    Umm, not thinking Michelle’s chart is correct. No place for the $500 “all others” which I am part of in the 2nd wave.

  988. Michelle- Alabama/ BOAon 25 Apr 2013 at 10:42 am

    @Leslie…That 62,500 is included. Everything highlighted are suppose to be checks that have already gone out. I can’t speak for everyone else but i’m expecting a big check for my trouble! Not saying I deserve more than everyone else, but i’m relying on my Faith. I won’t expect anything less than 5,000….. We’ll see what happens though bc i’m not in that third wave. There’s a 5th wave that’ll be disbursed July 15th, which is a Monday I think. Now I PERSONALLY think that last wave is for either the left over money or fir the borrowers which they requested additional information from. It makes sense to me….:-).. Only time will tell.

  989. Michelle- Alabama/ BOAon 25 Apr 2013 at 10:48 am

    @Jwill…..Everything that’s highlighted is suppose to have been sen out in wave 1& 2. Even some of the checks in the other waves. I apologize for not stating that the first time. I’m not trying to lead anyone on but it’s worth the thought and a second look. It gives hope as well. I like to think positive.

  990. Janeton 25 Apr 2013 at 10:56 am

    @Michelle, where did the link come from?

  991. #KEon 25 Apr 2013 at 10:56 am

    A few years ago before the recession my family and I had what I now consider to be a charmed life. A beautiful home, strong ties to our community, good schools, and great neighbors. My husband, who worked in the construction field, first took a mandatory salary cut in 2008 and then finally lost his job a few months later. You all know what comes next so I’ll go beyond that and tell you about one of my strongest memories from that time. It was just after we’d gone to court and we had been given only a 30 day extension to vacate. My husband and I were sitting with our attorney and I was extremely upset and was pleading with our attorney to do something, anything to prevent this from happening. At one point I looked up and saw the attorney representing the bank a few feet away casually chatting on his cell phone while our lives were being shattered. And I remember how it was almost impossible to find the strength or words to go home and tell our beautiful daughters that their world as they knew it had just changed forever and we were powerless to stop it from happening.

    We haven’t even come close to getting past this and I doubt that we ever will. I had so hoped that this would make things right and enable us to purchase another home. We’ve been renting for more than 4 years and haven’t been able to save anything that could be used as a down payment. One of our daughters is now in college and, with no home and no second mortgage to pay tuition, we pay everything that isn’t covered by student financial aid out of our own pockets. Our other daughter starts college in 2014 and we’ll be doing the same for her.

    My husband and I are now in our 50s with no hope of retiring. I would do anything to go back to the time before we lost our home…

  992. Michelle- Alabama/ BOAon 25 Apr 2013 at 11:02 am

    @Donna, there are 500.00 checks highlighted as being sent out. You really don’t have to believe in the link I posted. Everything in green is SUPPOSE to have already been sent out. Even the amounts that are in other waves that are highlighted. I was only trying to help out.

  993. Jwillon 25 Apr 2013 at 11:08 am

    Michelle…I REALLY want to believe the link you posted to the matrix. I’m going to go back and look at it again after you posted a few clarifications. Thanks! So, was I correct in stating that it looks like in wave 3, which is to be sent tomorrow, there is no check smaller than $6,000/$3,000 being sent out?

  994. DCon 25 Apr 2013 at 11:10 am

    Please take a minute for your fellow Americans:


    Please pass this on at the bottom of your post, the request is for 100,000 Americans in one month, I know out of 4.2m we can do this to get our voices heard for the benefit of all.

    Thanks you for being a Concerned American!

  995. LESLIEon 25 Apr 2013 at 11:11 am

    Thank you Michelle, Lets keep the faith!

  996. Kelly Joon 25 Apr 2013 at 11:12 am

    Anyone hear anything new about Litton payments or when are we going to see the announcement from Federal Reserve Board about the amounts?

  997. darleneon 25 Apr 2013 at 11:23 am

    Not sure where you got the chart but the press release from occ said 1.4 million went out in the first wave and another 1.4 million in the second wave. haven’t seen anything recently

  998. Michelle- Alabama/ BOAon 25 Apr 2013 at 11:27 am

    @Jwill…It looks that way.:-)…I’m sure you’ll let us know tho. @Leslie…You’re welcome. Fingers crossed :-)..

  999. Donnaon 25 Apr 2013 at 11:27 am

    I’m not sure why on Michelle’s chart there are green areas (already paid) in the 3rd wave that has not been sent yet? Not trying to be snarky at all, I don’t see how this makes sense. Also, where did you get these figures Michelle? I can’t seem to find anything like this anywhere.

  1000. randyon 25 Apr 2013 at 11:27 am

    If anyone is so insulted they do not want their check please cash and send the $$ to me, I would be glad to have it.

  1001. Lenaon 25 Apr 2013 at 11:30 am

    That chart kinda makes sense…I was told by Rust that my check from Litton loan was going out May 3rd, which is the 4th wave. The same for Saxon. These were the two banks that did not even send out a review request to their customers, and as you can see the amounts are equal whether or not you requested a review.

  1002. Michelle- Alabama/ BOAon 25 Apr 2013 at 11:35 am

    @Jwill…..It looks like the least could be 3,000 but that’s for someone who didn’t submit an IFR form. I’ve been seeing tons of people getting the smaller amounts, but not that many large payments. That’s why it kinda made sense to me..

  1003. Michelle- Alabama/ BOAon 25 Apr 2013 at 11:40 am

    @Donna.. Try http://bp.blogspot.com/chart. I coppied the link and got out of the page so that link I just left may be right or wrong. However, you’ll be able to do your own math once u receive your check to determine the accuracy of this chart. This isn’t a chart I made up. I posted the chart after reviewing it several times before I decided to post.

  1004. Ton 25 Apr 2013 at 11:42 am

    $2000 received today from Chase. I live in Fl

  1005. DCon 25 Apr 2013 at 11:46 am

    I just went to:


    I am 107

  1006. Michelle- Alabama/ BOAon 25 Apr 2013 at 12:25 pm

    EVERYONE THIS IS THE LINK WHERE I GOT THE CHART FROM. PLEASE CHECK IT OUT. THANKS….. http://adoc2be.blogspot.com/2013/04/playing-with-math.html?m=1

  1007. billyon 25 Apr 2013 at 12:34 pm

    Don”t know if anyone else has notice but seem to me like the homeowners that put up a fight wwith. Lawyers /notifications n tried unsuccessfully to save their homes is the ones getting no more then a couple of thousand I have read over these post many times n that what I get out of it n I will be signing the partition

  1008. Stephanieon 25 Apr 2013 at 12:39 pm

    @ Michelle – Alabama BOA –

    Good job girl! I just found the same thing on the FB posts and was getting ready to post it here too.


    I am unfortunately in the second wave but no check yet. BofA – Foreclosure.. blah blah blah. Filled out for IFR review. Lived in So. Cal now in NC (check went to old address in TN).

  1009. LeeAnn - so. ca.on 25 Apr 2013 at 12:42 pm

    I hope that is true. Im in third wave.

  1010. KahunaKevon 25 Apr 2013 at 12:52 pm

    If our own government can have in place an organization that reviews millions and millions and millions of income tax returns ANNUALLY and find minutia sized problems–SURELY that same government can arrange enough reviewers to go over bad foreclosures for the last 10 years with the same minutia in mind for 4.2 million AMERICAN TAXPAYERS once–and it shouldn’t take 5 years to accomplish it. This needs to be a legislative mandate immediately.

  1011. Steven Reedon 25 Apr 2013 at 12:54 pm

    Not received check, has anyone checked your credit report? We checked our no info on foreclosure or a mortgage period. I find that amazing . Any thoughts on this?

  1012. KahunaKevon 25 Apr 2013 at 12:59 pm

    The magnitude may seem overwhelming at first–but if you come this disaster to BP and their oil spills or the very nasty Exxon Valdez tanker spill–the government can clean this mess up as well and send the bill–AFTER THEY ARE DONE AND KNOW THE REAL COSTS to the bankers at fault–sure they can deduct the $500.00 I have already been paid. You can’t eat a horse at one sitting–but you eat a horse one bite at a time.

  1013. Andrewon 25 Apr 2013 at 1:03 pm

    Spread sheet was compiled by an ‘Excel lover’ using press releases according to his site

  1014. Stephanieon 25 Apr 2013 at 1:21 pm

    Has anyone (who was foreclosed on but no BK), had a debt collector contact them recently?

    After over two years from final foreclosre date (process started two years prior to that.. yes I am exhausted like the rest of you), just yesterday I got a letter. Hoping I will not have to go BK now. Especially since I am two years into trying to start over.

  1015. tinaon 25 Apr 2013 at 1:27 pm

    Please dont believe these bogus charts put out on these website’s or numbers on your post cards, they mean nothing. These banks did not review your files or care if you filed a review. Please don’t base an unpaid bill or debt you owe that you think you will be able to pay off with this check or the NMS check. Don’t do this. You will be let down again. It does not matter what wave these checks go out in. Please sign the petition http://wh.gov/tILP.
    There is no rhime or reason to the amounts or when they send them. I wish everyone the best, I have been there. So please sign the petition. $300. ck rec and filed review, chapt 7, and still $300. citi.

  1016. Rufinoon 25 Apr 2013 at 1:30 pm

    Keep up the good work Michelle. I am Litton nothing yet. I will know after May 3rd if the post is correct. I to went thru and numbers appear to coincide. Let’s wait to see if we hear anynews to differ. Good luck to all.

  1017. Kelly Joon 25 Apr 2013 at 1:33 pm

    #Steven Reed – So your Foreclosure and mortgage were on your credit report and now they are completely gone?
    I had a payment on my mortgage Apr 11th from “Investor Suspense Account” that cleared up some fees that carried over from the foreclosure process prior to my modification being finalized. Do you think all of this is from the 2nd phase of the agreement? Haven’t checked my credit report but will do that soon.

  1018. Lenaon 25 Apr 2013 at 1:35 pm

    Stephanie, I got a debt collector call last year, 3 years after foreclosure, but didn’t trust the call, had no idea who they were so I would not talk to them, and told them there was no way for me to verify who they were.

  1019. Mom2on 25 Apr 2013 at 1:36 pm

    I am #119 on petition. LET’S DO THIS!!!

  1020. Steven Reedon 25 Apr 2013 at 1:51 pm

    Kelly Jo, yes completely gone no record of foreclosure and mortgage states zero balance, as if never had a mortgage.

  1021. lisalon 25 Apr 2013 at 1:53 pm

    Michelle-alabama..(hellooooo neighbor lol) what a sleuth you are. great chart link!

    119 signatures …only need 31 more til we get moved to the main whitehouse.gov public site….
    the link again?


    Cause We ARE the people!

  1022. Davidon 25 Apr 2013 at 2:09 pm

    I just signed the White House petition requesting a REVIEW of the IFR.

    Here’s the website.


  1023. Michelle- Alabama/ BOAon 25 Apr 2013 at 2:10 pm

    Well Tina, I never said the spreadsheet was 100% accurate, but I posted it anyway so use your own judgment. Also, I signed the petition as well, but does that mean justice will be served? Who knows! I fought then and I’m still fighting to keep the first home i’ve been in for the past 7 yrs! I’m 32 and had to file bankruptcy in order to keep my home and i’m still going through it. I can only pray my home will get the permanent modification. I have faith that it will! So u see, i’m not trying to give false hope, but it’s worth a try! Lets be honest here, yes some people have received small amounts and large amounts from this IFR but i’m happy with whatever I get . I’m glad these crooked ass banks decided to fork over something! I was with Countrywide prior to BOA and I received a few checks out of the blue for something they did to my account that I didn’t even know about. Well, enough of my rambling bc my only intent was to share my personal story and provide links that’ll help everyone.

  1024. lisalon 25 Apr 2013 at 2:21 pm

    John 14:27

    Peace I leave with you; my peace I give unto you: not as the world giveth, give I unto you. Let not your heart be troubled, neither let it be fearful.

  1025. tinaon 25 Apr 2013 at 2:32 pm

    Michelle, I understand, did not mean anything against you. I have went to hell and back. I just meant don’t spend something you don’t have yet. I have a child and went threw hell. Citi had people crawl over my neighbers fence and take pic’s of the back of our house.(1 month behind in pymt, because I was told to miss it by Citi) We thought it was someone trying to break in. I had just had a baby. It was Citimortgage, I called the police. My neighber was so scared (she lives alone) Do you think Citi took that into consideration? NO. I had false hope for along time over this IFR. $300. I to am 100% with the washington petition. See my post. Not afraid of them anymore, just hope no one puts off paying the water billl for one of these dirty checks. Good luck to all on here and eveyone who is stilll ashmed to say anything!

  1026. Donnaon 25 Apr 2013 at 2:36 pm

    I’m curious about the second part of the settlement. Do you know if we are supposed to ask for help on modification or other, i.e. credit repair? Or is that something that is just left up to the banks to decide on their own, on their time, without our input, like the payments ended up being? Can’t find any info on that.

  1027. KahunaKevon 25 Apr 2013 at 2:48 pm

    Donna, I’m not sure what, if anything carried over from the original IFR. In that they were supposed to have made corrections to our credit bureau reports–but am not sure if that carried over when they agreed to this ‘wham bam thank you maam’ short term, quick fix. I am going to wait for a month or so and see if they fixed them or if I have to personally challenge each one. As far as ‘help’ on existing mortgages, you may want to call your servicer and remind them that they are ‘supposed to help’ folks out so they don’t have to be foreclosed on. Good luck–I have been able to piece together your heartbreaking story and am wishing you and your husband the best of luck in this battle. Kevin

  1028. Lee Ann - So. Ca.on 25 Apr 2013 at 2:52 pm

    @Michelle, good job finding that link. It does mathmetically make sense.

  1029. MaryS007on 25 Apr 2013 at 2:54 pm

    Me and my mother are from Detroit, Michigan and she received her check in the mail on the 22nd of April but i was dated April 19th her check was for $1000 I have not received mines yet so I called Rust Consultant and she advised me that my check will be mailed out April 26th .

  1030. Lee Ann - So. Ca.on 25 Apr 2013 at 3:03 pm

    @Randy, you made me laugh. It never hurts to ask, right?

  1031. Margoton 25 Apr 2013 at 3:44 pm

    This is another mortgage settlment and if you had a loan serviced with WF (ally/GMAC BoA, CITI, JPMORGAN CHASE, Reason: routinely signed foreclosure related documents outside the presence of a notary public and without personal knowledge that the facts contained in the documents were correct.
    Will provide relief to affected borrowers with 1.5 billion of payments for elegible borrowers who lost theri home for foreclosure. minimum payment no less then $840.00 and no more of $2000
    call toll free 1-866-430-8358 or vicit http://www.nationalmortgagesettlmentreview.com
    this payment is intended to be partial compensation for the illegal conduct of the mortgage servicer.
    Independent Foreclosure Review is different, it was conducted by federal bank regulators
    If you lose your primary residence between Jan, 2008 and Dic 31, 2011 and fill out a package before January 18 2013 you will get a payment for this settlment

  1032. Jwillon 25 Apr 2013 at 3:49 pm

    Just got off the phone with Rust. The man I spoke with was LITERALLY having trouble breathing. I’m not sure if he was asmathic, or there was something else going on, but he definitely was labored in his breathing. None the less, he did confirm that my payment will go out tomorrow, April 26th (as I have been told on two previous occasions.) I asked about some payments (maybe the larger ones?) being mailed certified. He said that as far as he knew, all payments were being mailed by regular mail. He could not verify the payment amount and said that the federal regulators do not allow the service representatives to have that information. I also asked why some people may be asked for additional information. His reply was that there are some people who are eligible for a payment but for some reason they have issues with thier social security number and the IFR needs to make sure they have current addresses/social security numbers for tax reasons.

    This man also confirmed that Rust is the paying agent for the National Mortgage Settlement, but did not have any information on that settlement. He did, however, give me that phone number. 1-866-430-8358.

    Not sure any of this is anything we didn’t already know, but just thought I’d post the information anyway.

  1033. nodefaultcaton 25 Apr 2013 at 3:49 pm

    It is smy understanding the lessor amounts are for no harm found , 300 for no review sent and no harm , 500 review sent but still in the “other” no harm , 600 you made it to the bottom category and you sent in a review still no harm … no laws broken … so forth and so on

  1034. CWon 25 Apr 2013 at 3:53 pm

    @Michelle I hope that chart is legit !!!! I’m in the third wave. I have my fingers crossed. But I’m not gonna get my hopes up til the check is in my hand. I have already accepted that I was going to get 500 dollars. Lol. I’ll take what ever they are handing out. It’s better than nothing.

  1035. nodefaultcaton 25 Apr 2013 at 3:59 pm

    here is the breakdown of payments due by each lender to fund the Qualified Settlement Fund:

    Bank Funding Amount
    Aurora Bank $ 93,237,805
    Bank of America 1,127,453,261
    … Citibank 306,574,179
    HSBC Bank 96,540,359
    JPMorgan Chase 753,250,131
    MetLIfe Bank 30,206,329
    PNC Bank 69,433,224
    Sovereign Bank 6,186,992
    U.S. Bank 80,060,193
    Wells Fargo 765,823,531

  1036. Donnaon 25 Apr 2013 at 4:01 pm

    Thanks KahunaKev. I just read on the other site we are both on that the second part is a “soft dollar” assistance for mods, deficiency forgiveness and short sales. In other words it’s money meant for the banks. Go figure! I was hoping it would also be used by getting us new mortgage loans with no down and low interest. Now that would help a lot more than the $500 we got! We are also going to wait a little bit and pull up our credit reports and clean up what we have to and go from there. It’s been a long haul for all of us. Thank you for your involvement and motivation on this and the other site. Much blessings for you and your family.

  1037. Margoton 25 Apr 2013 at 4:01 pm

    there was another form of payment of U.S Department of Justice for $600.00 coming up in mid of this year settlement with Countrywide
    loan between 2004 and 2008. 335 million lending discrimination settlment, and is separate from the other two mentioned settlement
    phoen number 1-800-843-5148 and deadline request was in Dec 31, 2012

  1038. Amberon 25 Apr 2013 at 4:06 pm

    Does anyone know how many wave of payments ther are ssupposed to be?

  1039. Donnaon 25 Apr 2013 at 4:06 pm

    “It is smy understanding the lessor amounts are for no harm found , 300 for no review sent and no harm , 500 review sent but still in the “other” no harm , 600 you made it to the bottom category and you sent in a review still no harm … no laws broken … so forth and so on”

    I suppose it’s hard to find harm when nobody is doing the looking!

  1040. nodefaultcaton 25 Apr 2013 at 4:12 pm

    No check yet , JP now was one of the EMC/BEAR fiasco never defaulted ,foreclosure started 1/09

  1041. KahunaKevon 25 Apr 2013 at 4:14 pm

    On the soft dollar side of the IFR aftermath: From what I have gathered it appears that if one of the servicers helps a customer, with say in example a $100,000.00 mortgage, by giving them a $5000.00 discount–then the bank can consider that they have helped that individual customer out for a $100,000.00 loan–again, not just the $5000.00 they assisted in–this smacks of what the banks have done for themselves in this retribution process. I know, it sounds so ludicrous you have to question the validity of what I just typed–but believe it or not–this is what Senator Warren vetted out during last week’s hearing. I believe she used the example of $1.00 in assistance.

  1042. Scarletton 25 Apr 2013 at 4:17 pm

    Oh … please let me be in the third wave.

    I am #134 on the petition.

  1043. tinaon 25 Apr 2013 at 4:22 pm

    #nodefaulcat, the lesser amounts…. please I called the police on Citi. I have a box full of paperwork. My family wen’t to hell and back with Citimortgage! I just e-mailed Jack Conway in KY my family has been here in this state for years… and I mean years!! Your right mean nothing. I stilll want Jack Conway MY REP to do something about this. My family comes from here, my uncle stilll owns our farm from 160 yrs ago and then some. I am from this state and I want him to stand up for all. I think Jack Conway will. He is from KY. He will look into this injustice. He is smart! I hope he or his office calls me Friday. He has led the way on many issue’s in this state. So you will have to contact your states Rep. I think this is what it will come down to. Bless any of you reading my post. I will still fight, and hopefullly my Rep will to, I will let you know. I will let you know.

  1044. lisalon 25 Apr 2013 at 4:36 pm


    credit will not be repaired by the IFR terms.
    It does not keep you from pursuing legal action though ..yippee…
    of course you will be shelling out $$$$ to attorneys, court fees, filing fees etc if you pursue legal action ..and they know that.
    We are , again, waiting on response from CITI (filed yet another OCC complaint and a Consumer Fin Prot Bureau complaint) about false reporting by citi on our credit report. they have been doing this for the past three years.
    So good luck if you wish to pursue it and may the force (God) be with you!

  1045. lisalon 25 Apr 2013 at 4:41 pm

    just 6 more signatures and our petition goes to main whitehouse.gov site.

  1046. KahunaKevon 25 Apr 2013 at 4:42 pm

    Join us at foreclosurevictims.freeforums.org–there is a mighty storm a brewing for a class action suit! Stay strong–vigilant and have hope! Thanks, Kahuna Kev

  1047. pete con 25 Apr 2013 at 4:48 pm

    Still nothing here in Florida – Wells Fargo…


  1048. Gerardoon 25 Apr 2013 at 5:00 pm

    I just called Rust and they told me my check will be sendind tomorrow April 26.
    Not info about amount.
    I am with CHASE. Im living in NC and my property were in SC.
    Foreclosure process but short sale was first.
    I sent documentation for the IFR

    Just to sahre…and waiting to see what happen

  1049. Scarletton 25 Apr 2013 at 5:07 pm

    I like that chart …. thanks Michelle.

  1050. Scarletton 25 Apr 2013 at 5:10 pm

    I don’t see anything on this site:

    Do I have to join or something?

  1051. darleneon 25 Apr 2013 at 5:18 pm

    The person who created the chart says clearly that he guessed at the distribution.

  1052. Michelleon 25 Apr 2013 at 5:44 pm

    After all that I went through do you know that Citi just called me no kidding asking about the 2000.00 lawyers fees from 2.5 years ago. ARE THEY SERIOUS I told that ish when they get their *hit together they will get their money and ppl in hell is asking for ice water.

  1053. tristaon 25 Apr 2013 at 5:45 pm

    Called in 3rd wave all I can say is that they know your amount on your check oh my !!!

  1054. Michelle- Alabama/ BOAon 25 Apr 2013 at 5:59 pm

    That’s awesome @Trista. What Mortgage company are u with?

  1055. Tonistlon 25 Apr 2013 at 5:59 pm

    Are they giving out the amounts ??

  1056. jeanon 25 Apr 2013 at 6:05 pm

    I got my crappy $500 today. With WF and had a chapter 13 protection. I ended up paying th money to get me out of the bk. I requested a review and still was not placed in the right category. I signed the petition early this morning and have been trying to spread the word to others. My boyfriend got a check for $300 and he doesn’t even qualify for it. he was with WF and he already lost his house( from ex-wife keeping the money for her boyfriend and her)back in 2008. He was shocked. He qualifies for the national settlement, which he turned down since his ex would get the money and she started all his troubles!

  1057. Waiting in KSon 25 Apr 2013 at 6:10 pm

    No they still won’t give out amounts.

  1058. Evelyn/CT residenton 25 Apr 2013 at 6:12 pm

    Read everyones story. I too was a victem of fraud. “Donna” thanks for being so kind to everyone! I also called Rust last week. Tomorrow my check will be mailed. Even if I get the “largest check” (no way no how) I still would feel that the Banks got the bigger payout/bailout then any one of us could have ever gotten…Best of luck too you all! I will post my $$ funds when I receive!!!

    P.S. Marty and Michael??? If you don’t like what your reading….read something else!!!

  1059. Tonistlon 25 Apr 2013 at 6:22 pm

    Thank you waiting in Kansas ):-) I called Rust and they told me nothing . I’m in the third wave. WF is my lender . Ill post my amount when I receive my check.

  1060. tinaon 25 Apr 2013 at 6:27 pm

    Citimortgage Robo- called us. I have so many documents, you would not believe. This turned criminal when they sent 2 people to climb a fence and take pictures. Also I called the Lexington po
    The officer told me to shoot if they came to door. So Citimortgage banked on once again the poor souls, to take pic’s (after 1 mth) that they would not get shot or the police would br called. I called the police.Sad!!! Citi is stupid! Good Luck and our prayers are with you and your family. Thank you for posting the w.a. wbsite. There are many nasty stories then mine. I am not embarrsed or ashmed anymore! I am a Kentuckian!

  1061. Temperon 25 Apr 2013 at 6:30 pm

    Anyone know how legit this wave payout spreadsheet is? Looks like the payouts on wave three coming on Friday appear to be a lot larger than the 1st and 2nd waves are…

  1062. Temperon 25 Apr 2013 at 6:31 pm

    Click on my name to see the spreadsheet…

  1063. LeeAnn - so. ca.on 25 Apr 2013 at 6:33 pm

    Is there anymore forums similar to this one?

  1064. tristaon 25 Apr 2013 at 6:36 pm

    OK boa started foreclosure stay was not lifted . I was asked what I would like to know ? The person was really nice we even laughed . I asked what wave I was in ? He said 3rd I thanked him he asked was there any thing I would like to know I said I would love to know the amount but I know you can not tell me he said I can tell it will be there by wed. At latest and you will be a very happy lady my check has been cut .
    Now I don’t know if its the truth or not ! But he seemed really happy for me? But who knows

  1065. Tonistlon 25 Apr 2013 at 6:46 pm

    @Trista…thank you. I’m in the third wave too

  1066. Nancy Brownon 25 Apr 2013 at 6:57 pm

    Woo hoo! They are mailing out my 500 slaps in the face tomorrow!!

  1067. tristaon 25 Apr 2013 at 7:06 pm

    I wish all of us the best!

  1068. Nancy Brownon 25 Apr 2013 at 7:07 pm

    #Temper Where did you get this spreadsheet?

  1069. Mariaon 25 Apr 2013 at 7:16 pm

    just finished reading all the post again for today… @ Michelle-Alabama – since you are savvy with excel – can I suggest if you have time and/or anyone can help – or maybe someone know how, but I think we can come up with our own spreadsheet just a simple list of all of us that we can save to keep tab of what, who,where, how much, and a bit explanation of our situation, instead of us dwelling with their chart and wondering why??? at least ours are for real… thoughts anyone???? KEEP THE FAITH

  1070. Temperon 25 Apr 2013 at 7:21 pm

    #Nancy – The spreadsheet came from the IFR Victims page on facebook.

    For those that haven’t seen it – be sure to click on my name. I set the URL to the spreadsheet. I’m interested if anyone knows anything.

  1071. tristaon 25 Apr 2013 at 7:30 pm

    One more thing I have called rust many times and one person said3 wave next person would not tell me called again would not tell me this last time I was told again 3 wave and the way the person talked the check was cut maybe they don’t know till they cut check? But the person did give me a feeling that they know even my daughter felt the same way . She heard what he said!

  1072. ctown townieon 25 Apr 2013 at 7:48 pm

    Hi Everyone!

    Not to throw cold water on anyone ‘s hopes but there are going to be 1000’s if not 10,000’s of people that Rust is going to require more info from before they will issue them checks that fall into all the categories from $250 to $125,000. I am one of them in that situation as the post card I received is addressed to the estate of my deceased mother. Never mind that BOA has all the info already about who the executor of the estate is and who the beneficiaries are from paperwork that was submitted for a modification request that they never processed. We got a letter from BOA in June of 2009 saying that they had all the info for a modification and would give us an answer within 6 weeks. 5 months later after they already had put the house into foreclosure we were forced to sell a house that had been in our family for 84 years for $100,000 less than it was worth before we ended up with nothing. BOA got their entire $320,000 that was owed them from the sale which is probably why they were in no hurry to process the modification request. I don’t even want to get into all the BS that BOA pulled on my 86 year old mother to get her to take out this mortgage. I sent in the IFR paperwork before the original Apr deadline and called Rust the day the first batch of checks went out and was told that they can’t give me any info until they verify that I am a beneficiary and would need some additional paperwork filled out. I asked when would I get the paperwork. They said that it would be mailed out sometime in May! So they have had the IFR request paperwork for over a year and know that they want more info but aren’t even sending out the forms to fill out for over a month after people get checks. That is why they are saying that it will take till July to complete this thing. They get to collect interest on all these thousands of checks that are delaying for months. Don’t you think that it would make sense that if you knew before checks were mailed that you needed more info from someone they would be the first people you contacted. And the worst of this is that after all this additional delay and BS some people are only going to be getting a couple of hundred dollars!

  1073. Tonyaon 25 Apr 2013 at 8:18 pm

    @David The remaining 250,104 borrowers are Goldman Sachs and (Litton) and Morgan Stanley (Saxon) which is mentioned before the payout table. It’s the last sentence of the Independent Foreclosure Review Payment Agreement Details.

  1074. Adrianaon 25 Apr 2013 at 9:03 pm

    Suntrust . GA . Still NO check ……..what in the world ???

  1075. martyon 25 Apr 2013 at 9:47 pm

    “P.S. Marty and Michael??? If you don’t like what your reading….read something else!!”

    Please read more carefully – Michael’s views and mine bear no resemblance to another.

  1076. Nancy Brownon 25 Apr 2013 at 10:22 pm

    There are many errors with that excel sheet that is being passed around. Only 2.8 million checks went out in the 1st and 2nd wave and the sheet said 3.8 million went out. So that is 1 million checks not accounted for. These have to be added in the 3rd and 4th waves. Also, not many people mentioned Citi as their Servicer so my prediction is many low checks will be sent out tomorrow.

  1077. Janet Woodson 25 Apr 2013 at 10:45 pm

    And if you go to Facebook and look and click on the link, he indicates this is just is guess as to what is remaining. I haven’t seen a lot of post about $25,000, $50,000 or $62,500 checks. However, there aren’t a million people posting on this site and I would guess a majority of individuals getting those amounts are not going to post. I’ll still remain hopeful, however.

  1078. tristaon 25 Apr 2013 at 11:19 pm

    Marty good luck in 3 rd wave!

  1079. Michelle- Alabama/ BOAon 25 Apr 2013 at 11:22 pm

    I’m just hoping for the best bc i’m not even in the third wave. I also submitted a IFR form as well. 4Th wave goes out May 3rd and the remainder of the checks are suppose to go out July 15Th, which is a Monday.

  1080. tristaon 25 Apr 2013 at 11:27 pm

    Michelle I think high and low checks go out ever wave I have watched from the start you have just as good a chance as any one . Good luck

  1081. Benon 26 Apr 2013 at 2:38 am

    Good luck to the 3rd wavers today. I was 2nd wave. Mailed 19th, got my check Tuesday the 22nd. $800, Suntrust, Florida though I live in Alabama. Requested mod, underwriter never made a decision. God Bless You All!

  1082. Gerardoon 26 Apr 2013 at 3:04 am

    Thanks Ben! Blessings to you.

  1083. Michelle- Alabama/ BOAon 26 Apr 2013 at 3:30 am

    Has anyone noticed those representatives aren’t REALLY assigned to a certain bank. I called and stated I was with a different bank than i’m with. The CSR still helped me once she switched her screen to the correct bank…..lol… She told me the same info. I just thought that was funny..

  1084. tisha h.on 26 Apr 2013 at 3:37 am

    So my check is going out today according to Rust ..I was with WF …I made 3 trial payments… Loan was never transferred yo perm mod..had to file chp 13 bk… not sure what cat I fall into but I God will provide and restore everything I lost. I lost my house . I am fortunate to live on my same street…literally 5 houses down. I thank God that I didn’t have to uproot my kids much. .but tob watch the banks take over my house and put my things out on the curb was heartbreaking. .. I am hopeful and thankful for this check of a blessing. Thanking God in advance for whatever smount I get.God bless you all!!

  1085. Michelleon 26 Apr 2013 at 3:37 am

    Everyone that is posting here if you are in the 3rd wave please post the date and the amount of the check so that we can see that the chart can be some what right. GOOD LUCK 3RD WAVERS!

  1086. Michelle- Alabama/ BOAon 26 Apr 2013 at 3:42 am

    Status of Independent Foreclosure Review
    WASHINGTON—The second wave of 1.4 million
    checks totaling $1.2 billion was sent today to
    borrowers eligible for payments under the
    Independent Foreclosure Review Payment
    Agreement, bringing the total number of checks
    sent to date to 2.8 million worth $2.4 billion
    As of the close of business Thursday (April 18),
    434,484 checks totaling nearly $419 million were
    cashed or deposited.
    The first wave of checks was sent April 12. More
    than 90 percent of the total 4.2 million checks
    totaling $3.6 billion will be sent by the end of April.
    The remaining checks that require additional
    borrower information will be sent in mid-summer.
    so I would say all checks in the 1st two mailings
    are up to $6000, haven’t heard of anyone
    recieving more than that atleast not yet.
    Also when the independent reviews were stopped,
    the decision was made not to find harm, not to
    worry about finding harm. So the categories, as I
    understand it, the categories that borrowers were
    placed in for purposes of payments was based on
    how far along they had gotten in the loss
    mitigation process, or the foreclosure process,
    with their servicer. So the fact that a particular
    borrower was in a particular category wasn’t a
    reflection of whether they were actually harmed,
    but just kind of what stage of the process they
    had gotten to.

  1087. Mrs Con 26 Apr 2013 at 3:48 am

    Received 2000.00. Mortgage with chase. filed for review ,was denied modification after submitting several times.

  1088. BKon 26 Apr 2013 at 4:40 am

    3rd wave today….good luck everyone on the IFR lottery ! LoL

  1089. Djon 26 Apr 2013 at 5:07 am

    @michelle. on another forum. 2ppl had received. large amounts. $31500 & $62500…the latter said he had to go to post office and sign about 10 forms . Im in 3rd wave. so we. will. see !!!

  1090. martyon 26 Apr 2013 at 5:15 am

    trista —

    Thank You! – Same to you.

  1091. Margoton 26 Apr 2013 at 5:22 am

    I had WF and I haven’t received my check I will post the amount when I get it.
    modification denied
    short sale denied
    deed in lieu dinied
    home went into foreclosure without proper paperwork signatures outside the presence of a notary public and without personal knowledge that the facts contained in the documents were correct.
    IFR reviewed it as well, but as I said before I am expecting $300 to $500 no more then that.

  1092. martyon 26 Apr 2013 at 5:33 am

    “Also when the independent reviews were stopped,
    the decision was made not to find harm, not to
    worry about finding harm. So the categories, as I
    understand it, the categories that borrowers were
    placed in for purposes of payments was based on
    how far along they had gotten in the loss
    mitigation process, or the foreclosure process,
    with their servicer. So the fact that a particular
    borrower was in a particular category wasn’t a
    reflection of whether they were actually harmed,
    but just kind of what stage of the process they
    had gotten to.”

    Michelle is correct – this “review” was destined to fail. The article above these comments and the GAO report it cites (along with the recent Senate Banking Committee hearings) make that clear.

    The 3rd party “reviewers” – who in an “independent” foreclosure review you would expect to be independent, were in fact hired by the banks themselves. If you read the comment higher up from the person who worked as a reviewer, you get an idea of how flawed this was from the start.

    The fix was in when Tim Geithner was made Treasury Secretary. It was obvious then that protection of the banks was priority #1 and homeowners would take a back seat. I called the HAMP program immediately upon its creation and explained 2 simple facts – I am unemployed and I do not have nearly enough income to meet my mortgage – asked what help do you have available? I was told they had to set me up for “credit counseling” before they could discuss any programs or anything else. I explained that my situation was pretty clear and straightforward – how is credit counseling now going to do anything? He just kept repeating that and asking
    Can I go ahead and set you up for an appointment?

    I knew that day that any homeowner protection was likely to be very weak and ineffective. Events since have made this abundantly clear.

    Sadly, the IFR and even the other settlement are simply fig leaves – designed to make it look like something has been done for homeowners. Sen. Carl Levin was right – “The banks really own this place”

    Hopefully, many will find better news than they expect in this next wave of checks.

  1093. kishaon 26 Apr 2013 at 5:40 am

    good morning still no check and no info when I called this morning, ugh!!!!!!!!!!!

    @ dj what other forum did you see the other two amounts on, do you have the link?

  1094. lisalon 26 Apr 2013 at 5:57 am

    Has anyone seen any stats where the IFR breaks down the “victims” by states or by mortgage lenders? I would be very interested in knowing the breakdown of that!

    Also Senator E. Warren office is accepting “letters” from IFR victims! Just send statement of who what when and where details, preferably no more than 2 pages. Be sure to include your contact info.
    aslo if you have received your check from RUST, plz include amount you received.
    On the envelope
    , the FIRST line in YOUR return address should be
    then your return address
    MAIL TO:
    Elizabeth Warren, Senator for Massachusetts
    2400 JFK Federal Building. 15 New Sudbury Street. Boston, MA 02203
    Good luck and may the odds be ever in your favor! (yes I am a hunger games fan)

  1095. susanon 26 Apr 2013 at 5:59 am

    @ Michelle. My loan was with Saxon ( Morgan Stanley). I was told by rust they are starting to send these checks in May. Are we included in this chart as well?

  1096. Nancy Brownon 26 Apr 2013 at 5:59 am

    Good luck to everyone in 3rd wave!

  1097. Leslieon 26 Apr 2013 at 6:22 am

    I have Chase and all they could tell me was that my check will be mailed today and thats it. Good luck to everyone out there!

  1098. normanon 26 Apr 2013 at 6:37 am

    Know wave know check Boa mod denied plus bankruptcies .. anyone in this situation?

  1099. Donnaon 26 Apr 2013 at 6:38 am

    Here is the exact wording from my check stub:
    “Regulators determined your payment amount based on the stage of your foreclosure process and other considerations related to your foreclosure.” I’m stunned that something that begins to “find harm caused” dilutes down to “stage of foreclosure”. And to top this off, they didn’t even look at our files to determine what stage we were in. Utter nonsense.

    I’m hoping for a class action lawsuit. I pray that there are attorneys out there that are angered by the injustice and will do what is right and take on Goliath.

  1100. GJon 26 Apr 2013 at 6:41 am

    Millions of homeowners and families have been decimated by the illegal foreclosure activities of the banking system. Families are looking for help and justice. Whether you know it or not, if you own a home you are affected. If you rent, you are affected. Please sign this petition for justice. We need 100,000 signatures by May 24th. Please sign today and share this post and encourage your friends to sign. If you don’t like the way banks are operating, do something about it. Don’t think the problem will take care of itself. Be proactive.


  1101. CCRon 26 Apr 2013 at 6:57 am


    Sign the petition please!

  1102. deborahon 26 Apr 2013 at 6:58 am

    In oregon, check is supposedly in third wave, had HSBC, I believe I would only fall in the BK 13 category. I never applied for any mods as I felt I was protected under CH13. I was foreclosed upon in middle of shortsale. I have no idea what any of that means except it is prob going to get me 300 bucks. I did not request IFR. GOOD LUCK ALL.

  1103. Mhollingon 26 Apr 2013 at 7:15 am

    Does anyone know if they will be repaying bogus charges? We paid their lawyers almost 4K to stop the process. This was after they told us that it was their mistake, but someone had to pay the lawyers.

  1104. Bob Senrickon 26 Apr 2013 at 7:16 am

    Good luck to the 3rd wavers today. I was 2nd wave. Mailed 19th, got my check Tuesday the 22nd. $800, Suntrust, Florida though I live in Alabama. Requested mod, underwriter never made a decision. God Bless You All!


    Did you make any trial payments? Is this before an trial payment agreement was made. I made 6 trial payments and had two short sales approved. The BOA underwriter sent email to me that stated he was still working on my case even after I lost the house.



  1105. lisalon 26 Apr 2013 at 7:17 am

    Just spoke again with Rust, Although I know these representatives are not the actual “per Bank” employees, I could almost swear they have been trained by none other than CITI. Each time I call the story is the same but just a little bit different. They are reading a script….so obvious..put me on hold everytime I asked a question.
    Today I was told I am not in this wave (already knew that)..and that there is no scheduled date for our compensation because “they” (and she couldnt tell me who “they” are) havent decided what category I am in yet!
    I would have” assumed” THAT had been determined before the payouts began! but then again, the governmnet is invilved so maybe I expected too much!

  1106. Seanon 26 Apr 2013 at 7:39 am

    $800 today. I should have been in the denied mod category and did request a review. I too was foreclosed on in the middle of a short sale with no notification. Signed the petitions yesterday.

  1107. BeautifulNJustUson 26 Apr 2013 at 7:46 am

    I am in Missouri and also had Wells Fargo as my servicer, looks to me that a lot of people in the 3rd wave had Wells Fargo. Just a bit of information to those that may not know there are two different reviews going on for the damage Wells Fargo did. So whatever is mailed out to you on IFR expect another check from National Mortgage Settlement. Not all of the servicers were included in that one. I would be greatful for anything I get at this point but of course like everyone hope for the best. I too was in Ch 13 at the time, had started a short sale to go ahead and get rid of the house, and just when I got an offer on it they foreclosed on it. There seemed to be a lot of errors, but I’m sure none of that matters since they did not an extensive look into the files; I requested modifications several times but seemed like they would turn me down each time for a different reason. There were times I would call, get the paperwork, be told I was eligible only to be told a week later I wasn’t. So good luck to everyone, God Bless. Remember no wrong goes unpunished and take care.

  1108. Stephanieon 26 Apr 2013 at 8:06 am


    This is a link to another pretty good forum. Between that one and this one I have yet to find a better place for information.

    Question – My check was in 2nd wave and I am hoping they will forward it to my new address (post card was forwarded). Has anyone else received a forwarded check?

    Best of luck to you 3rd wavers! I don’t know about all of you but this whole thing has me a little obsessed the past few weeks. Just ripped the band-aid right off!

  1109. Djon 26 Apr 2013 at 8:40 am

    @ Michelle. both are from this site…Tonya on the17th. and tanya. on the 22nd

  1110. Meekon 26 Apr 2013 at 8:45 am

    Alabama Resident
    Currently renting an apartment $700 monthly.
    Had a fixed rated mortgage monthly payments were suppose to be $432 monthly.
    Originally signed with Ohio Savings mortgage sold to Wells Fargo.
    Wells Fargo started taking mortgage payments up because something wasn’t calculated correctly in the escrow account (ACCORDING TO THEM). Payment went up three times before I lost my job. Was out of work for two months sick during pregnancy. I was able to find another job quickly. Fell behind on payment by two months. Requested loan modification. Was told not to send in payment because the house would go up for foreclosure anyway. I was then instructed to request modification during that time. Modification approved. Was paying modification as agreed which was $1200monthly. Lost van trying to keep up with modification request. Five children, beautiful reasonably priced home Filed Ch 13 BK in 2010. Filing didn’t help at all. My attorney stopped lift of stay one time and was told he couldn’t do anything about it after this. Lost home in January 2012. I was told I was in the 3rd wave. I’m truly sorry to hear of all the pain and suffering everyone has gone through. I pray that everything work out for us all. I thank God for his grace and mercy which no one can take away. Jesus is the way the truth and the life no one can see God but through Jesus. God Bless You All!

  1111. Djon 26 Apr 2013 at 9:17 am

    @Kisha …both are from this site Tonya on the17th and tanya on the 22nd

  1112. Jwillon 26 Apr 2013 at 9:47 am

    I’m a third waver…so I guess my time has come. I feel so nervous, crazy! I am holding out hope that I was placed correctly on the chart – denied modification, however I am expecting the minimum payment. I did file for a review (twice in fact just to be sure they had all of my paperwork – Chase trained me well!)

    I will post the date and amount when received. Good luck to you all!

  1113. deborahon 26 Apr 2013 at 9:47 am

    I spoke to the HSBC rep @ Rust today and they confirmed my check went out today. They would not budge on category or amount. I have noticed that on several boards there are people who like myself were foreclosed upon while in ch. 13 and mid short sale and they are also in this wave of checks. I hope that is a good thing but who knows? Good luck all.

  1114. nodefaultcaton 26 Apr 2013 at 10:02 am


  1115. Amandaon 26 Apr 2013 at 10:06 am

    I’ve called the 1 888 277 8969 number I guess for the CITI victims actually called twice and both told me that they have NO info. about my check status they are still determining the amount…feeling hopeless…God Bless us all

  1116. Michelle- Alabama/ BOAon 26 Apr 2013 at 10:21 am

    WASHINGTON—More than one million people have cashed
    or deposited more than $1 billion in checks related to the
    Independent Foreclosure Review Payment Agreement
    through April 25.

    As of the close of business Thursday (April 25), 1,150,328
    checks totaling nearly $1.1 billion were cashed or

    The third wave of 927,000 checks totaling $794 million
    was sent today to borrowers eligible for payments under
    the Independent Foreclosure Review Payment Agreement,
    bringing the total number of checks sent to date to more
    than 3.7 million worth $3.2 billion.

    The payments result from agreements between the Office
    of the Comptroller of the Currency, the Federal Reserve
    Board, and 13 servicers to provide $3.6 billion in
    payments to borrowers whose homes were in any stage of
    the foreclosure process in 2009 or 2010 and whose
    mortgages were serviced by one of the following
    companies, their affiliates, or subsidiaries: Aurora, Bank of
    America, Citibank, Goldman Sachs, HSBC, JPMorgan
    Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign,
    SunTrust, U.S. Bank, and Wells Fargo.

    The first wave of checks was sent April 12.

    Notice to Financial Institutions
    Institutions processing checks are reminded that to help
    prevent fraud, checks require positive identification.
    Banks and other financial institutions should follow the
    instructions provided on the back of the check to validate

    Borrowers Assistance
    Borrowers with questions regarding payments should
    contact the Paying Agent—Rust Consulting, Inc. at 1-888-952-9105, Monday through Friday, 8 a.m. – 10 p.m. ET or
    Saturday, 8 a.m. – 5 p.m. ET.

    Regulators encourage borrowers needing foreclosure
    prevention assistance to work directly with their servicer
    or contact the Homeowner’s HOPE Hotline at 888-995-HOPE (4673) (or at http://www.makinghomeaffordable.gov) to
    be put in touch with a U.S. Department of Housing and
    Urban Development-approved nonprofit organization that
    can provide free assistance.

    Related Link
    Independent Foreclosure Review Web Site

  1117. Evelyn/CT Residenton 26 Apr 2013 at 10:44 am

    Spoke with Rust this morning to make sure I was still part of the mailing for today. Yes I still am but they couldn’t tell me any dollar amount. They insist this is not something they can see anyways! Going by the “chart” that was the original spreadsheet of categories. We fell into more than one of the categories so it made it difficult to even figure out what we would be getting. I’m hoping more than $300. Since we had to pay thousands to even get them to consider us for a mod and the bank also made us pay their lawyer fee’s for the foreclosure paperwork to be served, and “other fees'” before even getting noticed. I’m still curious on the couple claiming they received $62,000?? Wondering what their situation was? I didn’t loose my home and did finally (after many,many, attempts to mod..and putting loan further behind) get a modification… But it did cost us….

  1118. BrendaSon 26 Apr 2013 at 10:45 am

    OK, please someone double check my math.
    A new release was out from the OCC and it makes no sense.
    So, Originally there was
    4.2 Million people getting checks equaling 3.6 Billion dollars.
    If 3.7 Mill have been mailed that leaves 500 Mill left.
    And the beginning amount was
    $3.6 bil dollars and they mailed out
    $3.2 bil that leaves 400 million.

    Thats 500 mil checks left to be mailed and $400 mil to be spent.

    I may have screwed up my math; but this doesnt sound right.
    Just reaching out for someone to clear my head.

    Agian and always; good luck to you all :-)

  1119. Michelle- Alabama/ BOAon 26 Apr 2013 at 10:46 am

    After reading the info. I just posted I’m more confused than ever! I guess it’s just best to sit back and wait. Hopefully justice will be served with the Class Action Lawsuit we’ll file. ….I still have some faith left tho.

  1120. Leslieon 26 Apr 2013 at 10:51 am

    Is it me or does it seem like most of the people in the 3rd wave are chase???? I am in the 3 wave and am Chase. Just curious.

  1121. Mhollingon 26 Apr 2013 at 10:53 am

    @nodefaultcat – YES!!! Hopefully this does some good! Thanks for sharing!


  1122. Jwillon 26 Apr 2013 at 10:57 am

    I’m third wave and with Chase as well.

  1123. Mhollingon 26 Apr 2013 at 10:58 am

    I am in the 3rd wave – Wells Fargo

  1124. Evelyn/CT Residenton 26 Apr 2013 at 11:02 am

    I’m in 3rd wave and my loan is not with Chase. I’m with Wells Fargo. Nothing makes sense with their payout amounts… We all suffered whether it was a little or a lot… They shouldn’t be the one’s to determine what level of suffering we all went thru!!!! The banks dragged out each and every one of our unfortunate situations to make them worst to finally in the end they weren’t able to help most out except to take your homes… Shame on them…

  1125. Amberon 26 Apr 2013 at 11:11 am

    I called today. Was told I’m definitely getting a check and they have all the information from me that they need( I asked this to see if this was the reason they have no idea when I will be getting a payment) So no check in the mail for me today. Told to call back in a week to see if they have any new information. Good luck yo all you 3rd wavers :)

  1126. Amberon 26 Apr 2013 at 11:13 am

    Oh and I’m in CA with Chase. Home was foreclosed on even though I made 3 trial loan mod payments

  1127. t ron 26 Apr 2013 at 11:19 am

    Regarding categorizing borrowers who DID request a review, I wonder if some of the errors occurred due to the information from the PAPER applications having to be entered manually, i.e: human error. I submitted our request for review online, therefore it went straight to the IFR database, rather than being entered by a person. Plus, if the requests were not reviewed, does that mean the info for those borrowers was just entered willy-nilly? Does this make sense? Thoughts?

  1128. Deborahon 26 Apr 2013 at 11:20 am

    I am in wave 3 and with HSBC but seeing the latest OCC figures released today kinda dashes my hopes of any large payouts.

  1129. jchsmomon 26 Apr 2013 at 11:21 am

    @BrendaS – I think there is 4 billion left to spend

  1130. Sheilaon 26 Apr 2013 at 11:22 am

    I have not seen anyone with MetLife post anything.. Am I the only one with them? Told my check was in the mail (third wave) NJ

  1131. t ron 26 Apr 2013 at 11:23 am

    And one more thing, I entered their exact wording in the fields that required more than just a yes or no answer. For example: One question was “Were you participating in a documented forbearance plan?” Yes.
    Then one of the later questions was “Please describe how you were harmed.” I wrote “We were participating in a documented forbearance plan…..*etc etc*.”

  1132. Neeceeon 26 Apr 2013 at 11:25 am

    In Florida / 3rd Wave / Wells Fargo

  1133. jchsmomon 26 Apr 2013 at 11:25 am

    I’m sure someone has said this already, but….where/how do you find out what wave you are in? When I call they are very evasive and birdwalk around my questions. So, I cant get it out of the representatives at IFR.

  1134. BrendaSon 26 Apr 2013 at 11:26 am

    Thanks, there are way to many 0’s for me figure this out alone!!

  1135. jchsmomon 26 Apr 2013 at 11:29 am

    @BrendaS – I agree!

  1136. BrendaSon 26 Apr 2013 at 11:32 am

    I know with a daily call to Saxon/Morgan Stanley they have absolutley no idea what is going on. They can only say “yes” you are part of it and verify your address. They said they have no information until Saxon releases the information to them.
    Although she did manage to tell me if should be mailed the 1st or 2nd week of May, and to try to call next week to see if there were any updates.
    And, to answer someones question earlier, this is an office of Rust, there are groups of people in there that are handling each bank thats why your information is open to them from all banks. A woman I spoke with last night told me they are rotating within the office.

  1137. martyon 26 Apr 2013 at 11:53 am

    “Plus, if the requests were not reviewed, does that mean the info for those borrowers was just entered willy-nilly?”

    Probably – this is pretty much like a lottery. I still think that if the check you got actually matches the category you’re supposed to be in, it’s more coincidence than by design.

  1138. nodefaultcaton 26 Apr 2013 at 11:56 am

    Maybe that’s chase and Metlife 763 million that chase paid and 30 million from metlife with 1 million left over for a few stragglers

  1139. nodefaultcaton 26 Apr 2013 at 12:00 pm

    In a press release, Represenative Cummings explained: “Mortgage servicers have now admitted that they broke the law by illegally foreclosing on American families and committing numerous other abuses, but regulators refuse to provide even the most basic information about the extent of the abuses that were uncovered,” said Cummings. “Since federal regulators now plan to rely on these same banks to determine payouts and deliver settlement funds to borrowers, we need an Independent Monitor to bring transparency and accountability to this process.”


    At least Someone is trying to investigate all this MESS again …. got my VOTE!!!

  1140. nodefaultcaton 26 Apr 2013 at 12:18 pm

    I just wonder if they are not going out in order from the list below with a few getting mixed in from other banks because checks cut early / or later or was mail issue … 1st wave seemed to me as mostly BOA some Aurora which according to this was just about the 1.2 billion… second wave dwindling aur. BOA citi, hsbc ???

    Bank Funding Amount
    Aurora Bank $ 93,237,805
    Bank of America 1,127,453,261
    … Citibank 306,574,179
    HSBC Bank 96,540,359
    JPMorgan Chase 753,250,131
    MetLIfe Bank 30,206,329
    PNC Bank 69,433,224
    Sovereign Bank 6,186,992
    U.S. Bank 80,060,193
    Wells Fargo 765,823,531

  1141. Lenaon 26 Apr 2013 at 12:24 pm

    @ Stephanie

    I asked Rust if checks were going to be forwarded because my post card went to the correct address but I am moving TODAY and I am in the 4th way, May 3rd. He said as long as I have a forwarding address on file with the post office, I will be ok. ( which I do). I tried to change my address with Rust but they said they can only mail me a change of address form which I can fill out and mail back and it would take 10- 20 days. FORGET IT! I will hope for the best and hope it gets forwarded.

    I was with Litton loan and was told 4th wave, May 3rd. Anyone else hear anything about Litton? ( Goldman Sachs)

  1142. Janeton 26 Apr 2013 at 12:47 pm

    Just to clarify a couple of comments. Based on all the documentation I have read, there is only $3.6 billion to be issued in cash payments. The other money, $5. something billion, is for foreclosure assistance. @ Brenda I would agree your math was wrong (smile). You indicated $400 million left for 500 million people, or vice versa. There are only 4.2 million people total. Maybe you meant 400,000 or 40,000 left. I’m with JP Chase and was told check should be going out in mail today.

  1143. ivanon 26 Apr 2013 at 12:51 pm

    hello everyone
    im 3rd wave citi
    is it me or 3rd wave mainly was in bankruptcy ?

  1144. Michelleon 26 Apr 2013 at 12:56 pm

    Louisiana/3rd wave/citimortgage

  1145. Lindaon 26 Apr 2013 at 1:14 pm

    3rd wave. Told check went out today. B of A

  1146. Lindaon 26 Apr 2013 at 1:15 pm

    3rd wave. Told check went out today. B of A. House in idaho. Mail to Ca

  1147. chinaon 26 Apr 2013 at 1:28 pm

    Hi Lena I was with Litton also,I called this morning and spoke to a very not helpful person,he said he did not know when the checks will be mailed out since Litton who is now Goldman Sachs came on board at the beginning of this year,and I did advise him everyone has said our checks will be mailed out the beginning of May,and then he said wait a minute let me read something,than he said the information he is looking at is not giving a definite date in May, he was very rude,Good luck Lena and everyone who has not receive their check,God Bless.

  1148. Michelleon 26 Apr 2013 at 1:39 pm

    @ivan I wasn’t in bankruptcy CitiMortgage tried to take my house being a month behind. After I sent them a check they sent it back telling me it wasn’t enough. $1802.00 in lawyers fees. WTF! After coming out of pocket they admit it was a mistake but call me yesterday asking me to still pay the lawyers fees. Get the hell out of here. The stress of thinking that your house is being taking away from you and only a month behind played catch up by sending in a double payment and they said that wasn’t good enough then paid all the monies to hear oops I think we mess up WHAT THE HELL.

  1149. Banksgotawayon 26 Apr 2013 at 1:39 pm

    1st Wave 1,200,000,000/1,400,000= $857.14 avg

    2nd Wave 1,200,000,000/1,400,000= $857.14 avg

    3rd Wave 794,000,000/927,000= $856.53

    The highest average is in that 4th wave

    500,0000,0000/400,000= $1250.00 avg

    The numbers never lie…..

  1150. Evelyn/CT Residenton 26 Apr 2013 at 1:50 pm

    Could banks be mailing according to first letter of your last name??? alphabetically!!!!

  1151. Michelleon 26 Apr 2013 at 2:01 pm

    watch it.

  1152. Lenaon 26 Apr 2013 at 2:03 pm

    Hi China, ( and Stephanie again regarding change of address)
    I just called again to verify change of address, the lady was a bit confused but this is what she said.

    When I told her my change of address is in affect on April 30th, would my check be forwarded with the USPO? She put me on hold and said ” well since your payment is going out at the beginning of May, I found this in my information- ” If your address has changed since we mailed the post cards out at March 13th, and you filed a change of address with the post office, your check will be forwarded”. Then she said, if you haven’t gotten the check by the 2nd week of May, call us back. She also is going to mail me the change of address form for their files.
    I asked her if I was in the 4th wave of checks, and she said it should go out by the first week of May. May 3rd is a Friday, so hoping for the best. Although I am still renting, I just moved to a beautiful house in the country of the outskirts of Atlanta, and someday would love to buy this house, I really hope there is someway to erase our bad credit scores so we can do so.

  1153. ivanon 26 Apr 2013 at 2:04 pm

    nice post banksgotaway
    but if you look at the chart only list 3.9 million which different from orginally 4.2 million

  1154. Lenaon 26 Apr 2013 at 2:06 pm

    @ Evelyn, don’t think it is by alphabetical order, my last name starts with an E and I have not received anything yet.

  1155. ivanon 26 Apr 2013 at 2:11 pm

    lease read great post i found from another website

  1156. ivanon 26 Apr 2013 at 2:15 pm

    please read great post i found from another website
    i so so hope this is true

  1157. Tonistlon 26 Apr 2013 at 2:16 pm

    I’m in wave three. . Confirmed that my check was mailed out today. Will post amount upon receipt.. Wishing everyone m!!any blessings

  1158. ivanon 26 Apr 2013 at 2:23 pm

    this a break down by waves
    please copy and past found it on a website


  1159. Donnaon 26 Apr 2013 at 2:28 pm

    The mailing of checks seems to be completely something that only the banks know. There is no secret number codes on the postcards, no mailing by state, zip code, bank name, first name, last name, category (there ended up being no category), or dollar amount or where you were in your foreclosure or short sale. Just sit patiently and wait for it to unfold. It’s kind of like waiting for the lottery numbers to come up. Some get lucky the others get disappointed. Hoping for a lot of luck to those who remain waiting. Keep us posted.

  1160. Bethanyon 26 Apr 2013 at 2:36 pm

    I’ve been lurking in this forum since the day it opened….

    I’ve spoken with 3 representatives from IFR (Chase) over the past few days. I was told I was second wave, nothing in the mail a week later (today), then today was told I was actually first wave (?). So, now my check is lost — was probably delivered to my neighbors box, and more than likely he threw it away and/or ripped it up out of spite. He’s a gem. So, now I’m told I’m being mailed a form to submit a written request of re-issuance, the form will take 7-10 days to get here, then I have to mail it back, then several weeks to re-issue the check.

    Just curious if anyone else has had to deal with this run-around?

  1161. nodefaultcaton 26 Apr 2013 at 2:38 pm

    UPDATE: new list I found
    Bank/Servicer Cash Payments /Loss Mitigation Assistance
    Aurora Loan Servicing $93 million $149 million
    Bank of America $1.1 billion $1.7 billion
    Citibank $306 million $486 million
    Goldman (Litton Loan Servicing) $135 million $195 million
    HSBC $96 million $153 million
    JP Morgan Chase $753 million $1.2 billion
    MetLife Bank $30 million $48 million
    Morgan Stanley (Saxon Mortgage) $97 million $130 million
    PNC $69 million $69 million
    Sovereign $6 million $9 million
    SunTrust $62 million $100 million
    U.S. Bank $80 million $128 million
    Wells Fargo $765 million $1.2 billion
    Total $3.6 billion $5.7 billion

    Note: Figures are rounded. Source: Amended Consent Orders posted on OCC

  1162. Tonyaon 26 Apr 2013 at 2:41 pm

    @ Lena I was with Litton and when I called again (for the second time), I was told May 3rd as well. Last week I was told everyone should get their checks by July.

  1163. chinaon 26 Apr 2013 at 2:47 pm

    Hi again Lena,I had my credit report pulled,it shows paid as agreed from the service which was LITTON,on all three credit sites they all show paid as agreed,I hope this is helpful to you and others.

  1164. Jennifer - CAon 26 Apr 2013 at 2:52 pm

    I had two loans – Litton and BofA. I called today was told that Litton checks will begin to be issued in early May. The rep advised me to call back in a week and they should have more info regarding my check. The rep also said Litton is following the same breakdown and categories that is listed on the OCC website that the other 11 servicers used.

    Called on BofA loan – check issued today 04/26 rep could not provide amount.

    Denied loan mod filled out paperwork twice. Should receive $6K from Litton who foreclosed. I was shocked to find out I was getting a check from BofA. Not expecting much from them since they were second lien holder.

    Keeping fingers crossed on both. Staying positive in So. Cal.

  1165. Scarletton 26 Apr 2013 at 2:57 pm

    I tried calling Rust, but after the phone maze, I got cut off.

    Do you think the last 2 digits reflect which wave you are in?

    Mine are 04 – does that mean I am in the fourth wave?

  1166. Michelle- Alabama/ BOAon 26 Apr 2013 at 3:03 pm

    @Nodefaultcat. ..Wow! I’m with BOA and they still haven’t given a date for my payment yet. I’m also going through a Mod and currently in Bankruptcy. It drives me nuts not knowing what the outcome may be…

  1167. Evelyn/CT Residenton 26 Apr 2013 at 3:05 pm

    Thanks Lena!!! just a thought…trying to figure out their system..LOL!!!

  1168. ivanon 26 Apr 2013 at 3:07 pm

    did you guys look at the link i previously posted ?

  1169. Scarletton 26 Apr 2013 at 3:07 pm

    Finally spoke with Rust … my check has not been issued yet. BOA.

  1170. ivanon 26 Apr 2013 at 3:09 pm

    3rd wave suppose to be 6000 to 62500

  1171. laVerne bon 26 Apr 2013 at 3:17 pm

    Anyone can check my arithmetic to see if that’s accurate. This is how I calculated:

    4.2 million people to get 3.6 billion dollars

    1st wave: $1,200,000,000 to 1.4 mil people
    2nd wave: $1,200,000,000 to 1.4 mil people
    3rd wave: $794,000,000 to 927,000 people

    That should leave $406,000,000 (406 mil) for 473,000 people.

    Dollars: $1,200,000,000 x 2 = 2,400,000,000 + 794,000,000 + 406,000,000 = $3,600,000,000 (3.6 bil)

    People: 1,400,000 x 2 = 2,800,000 (1st & 2nd wave people) + 927,000 (3rd wave people) + 473,000 (people left for 4th wave or whenever) = total people 4,200,000 (4.2 mil)


  1172. Paulaon 26 Apr 2013 at 3:24 pm

    I’m in Mississippi and with CHASE. As of today, still no mail out date for me. One rep earlier in the week said that could be a good sign…who knows. Looking at the framework, I fit in 7 categories. I was trying to get modification for over a year and still no answer. I called CHASE 3 days before Christmas to find out status (as I did every week) and they told me my house was up for auction 4 days later…WTF. I had to borrow money and file for an emergency CH13 to save my home. Even after doing that CHASE kept harassing me. I never received the legal 30 day notice of a sale. Also, the whole time trying to get MOD they would not except payment. Told me if I pay, it would cancel out MOD. I’m 2 yrs into CH13 now. They also told me as long as I was trying to get MOD no foreclosure action will happen. I was sending same paperwork over and over and over all that time. I still get statements and they are still charging late fees even though payments are made through CH13. My theory is expect the worst (300) and hope for the best. Honestly, I’m surprised any of us are getting anything so I will be thankful. Good luck to everyone.

  1173. Deborahon 26 Apr 2013 at 3:35 pm

    No the last 2 numbers on card mean nothing, they are a postal code I believe. @ Ivan….,that doesn’t jive with the amount of checks and money sent in this 3 wave. According to info on occ website, there would be the same mixture of payment amounts if u divide the money by the number of checks sent. Ugh!

  1174. ivanon 26 Apr 2013 at 4:11 pm

    HEY COPY n paste this
    a break down of the wave payment sent
    this is helpfull


  1175. Lizon 26 Apr 2013 at 4:15 pm

    Rust says I’m eligible but they still don’t know when.

    Just curious… I was in “pre-foreclosure” for almost 18 months in NJ while WF asked me to jump through hoops and putzed around – never gave decision one way or the other. The guy I was working with at the local HUD office finally said “I don’t think they’re giving any modifications – maybe you should sell.” I finally did and squeaked out enough to pay them. I’m now marked “Paid in full” but I lost a ton of equity waiting for them to make up their minds.

    What category do I fall into? Anyone “pay up” and still get a decent settlement check?

  1176. Deborahon 26 Apr 2013 at 4:26 pm

    I will give one thing to OCC, this process for sending checks has been the best kept secret ever. I thought for sure the word would be out by now or some genius would have figured out the pattern!

  1177. Stephanieon 26 Apr 2013 at 4:33 pm

    Hey friends…

    Well it has been a crazy rollercoaster the past few weeks. The Facts:

    * They lost mod papers several times then no mod decision… then refused short sale money when I finally sold it after their previous acceptance. The money was in the title company account but they changed their mind because the 2nd was getting $3,000 more than they would allow (yes.. offered them up to $10,000 more to make them happy but no, they foreclosed. 2 1/2 year process.

    *April 19th – 2nd Wave
    *Filled out IFR Review paperwork
    *Moved from address they had on file. YES.. the checks will forward.
    *Received $500.00 today.

    I sat there and just stared at the check before opening. It could have been anything. I have been kind of obsessed with all of the stories the past few weeks. You all have helped me feel not so alone. Now… it is over and I feel exactly as I feared. Disappointed. Sad. It isn’t about expecting more money (i prepared myself for $300). It is about expecting right action on a process that was promised to have a different outcome. One more of justice and fairness. A moment for us all to have our story heard and maybe in a small way corrected. In this past week I have been contacted by a creditor for the 2nd (which I find highly suspicious in the timing since it has been over two years), and then the check.

    Good luck to you all. I will check back and see how you all did. Wishing more for you and more happy when you get your checks. It is a strange emotional moment.

  1178. ivanon 26 Apr 2013 at 4:34 pm

    deborah did you see my link
    give you a break down from all 4 waves

  1179. ivanon 26 Apr 2013 at 4:35 pm


  1180. ivanon 26 Apr 2013 at 4:36 pm

    everyone click on here
    gives you a breakdown of the 4 waves payments


  1181. KahunaKevon 26 Apr 2013 at 4:40 pm

    What can I say? I lost 3 major properties in my life, and my families lives under this. Only my home counts and I got a roaring $500.00. I know everyone is disappointed, and hope the remaining waves will be more fruitful, but in all honesty–they wont be. Only a handful of folks will get any sizeable amount from this, and then I wouldn’t blame them for being quiet about it. It is now we be resolute and band together in a class action suit. Please do two things for the battle. Confine your story to two pages. Hard I know. Save your docs., and brace yourself for a fight. Senator Warren’s office will accept a 2 page summary to back up her battle. Also, there is a civil action suit brewing. Details to follow. Have faith, know you are not alone, and be strong some more–we have been wronged, and we are damn well no ready to take this action by the IFR, OCC and Fed lying down. Kahuna Kev

  1182. Cicion 26 Apr 2013 at 4:43 pm

    Dont even try to figure out amounts! There is NO WAY they looked at everyones situations (4.2 million NO WAY). I had several faile loan Mods (failed because of Wels Fargo)While I was in Chapter 13 then lost my home anyways. 3 years back and fourth with them. They promised to work with me. Made Loan Mods then rejected Pmts.I would call them to make a Pmt and the person on the phone had NO CLUE what the person the day before told me, One time they put my Payment in Escrow and said I never paid. They played these games until my BK was discharged then whoosh stole my Home! I have all my paperwork canceled checks ect. They were required to work with me and Did not (Wells Fargo) according to their Pmt stucture I should have gotten big money. My check was for $300.00 I have seen people get 6K or more and they still have their homes so this whole thing is VERY UNFAIR! Dont count on getting big money and if you do It was just luck because they are going Eeny, meeny, miny, moe to determined amounts and as for the “waves” of Pmts. They are only doing it in batches so the banks are not overwhelmed its not because there are more people geting bigger amounts in the 3rd wave vs the 1st! Be ready for your $300.00 check and Thank God if you get more!

  1183. Deborahon 26 Apr 2013 at 4:48 pm

    Ivan, I don’t think those numbers hold water cuz of the release from OCC today. Their numbers do not support that spreadsheet..sorry.

  1184. ivanon 26 Apr 2013 at 5:01 pm

    dont go by the occ
    they also said alot of things and who side was occ on not the poor people vs the big banks

  1185. Margoton 26 Apr 2013 at 5:08 pm

    look who is getting big checks!

  1186. Tony Antiveroon 26 Apr 2013 at 5:22 pm

    Hi there!

    I found a page on FCB where we can start a PROTEST!


  1187. tristaon 26 Apr 2013 at 5:22 pm

    Independent Foreclosure Review Payments Exceed $1 Billion

  1188. tristaon 26 Apr 2013 at 5:26 pm

    Independent Foreclosure Review Payments Exceed $1 Billion
    WASHINGTON—More than one million people have cashed or deposited more than $1 billion in checks related to the Independent Foreclosure Review Payment Agreement through April 25.

    As of the close of business Thursday (April 25), 1,150,328 checks totaling nearly $1.1 billion were cashed or deposited.

    The third wave of 927,000 checks totaling $794 million was sent today to borrowers eligible for payments under the Independent Foreclosure Review Payment Agreement, bringing the total number of checks sent to date to more than 3.7 million worth $3.2 billion.

    ( woops!! It didn’t post it before )

  1189. Kimon 26 Apr 2013 at 5:34 pm

    Louisiana/wells fargo/mailed out today but wouldn’t give a clue to amount.

  1190. Lenaon 26 Apr 2013 at 5:45 pm

    I guess we will wait and see on Litton. Thanks for the info. China, I checked my free credit report today, my balance on Litton showed Zero, but it did not show paid in full, it showed foreclosed. Hopefully that will change soon. That is my only negative reporting.
    So another week of waiting and being anxious, between moving this week and this stuff. hopefully the nightmare will be over soon. I did forget the past when I moved from Florida ( where I had the foreclosure) to Georgia at the end of 2010, I had an opportunity for a job promotion and jumped at it, a fresh start. then when I got the card from Rust in March, it brought everything back.

  1191. High Desert BOAon 26 Apr 2013 at 5:49 pm

    Boa, nightmare did shortsale 2010…wave3 will update nextweek with outcome…staying hopeful:-)

  1192. BKon 26 Apr 2013 at 5:57 pm

    3rd wave/ Wells Fargo / Illinois……the wait is almost over :/

  1193. Lenaon 26 Apr 2013 at 6:08 pm

    Best of luck to the 3rd wave group, and to everyone else waiting….please post your “lottery winnings” for all of us still anxiously waiting..I wish only the best for everyone. It is really sad to see these stories.

  1194. kenon 26 Apr 2013 at 6:25 pm

    Second post… did anybody’s notice they received about the upcoming payment say that would receive a “substantial amount” as part of the verbage. I am supposedly a 3rd waver and driving myself crazy over thinking this. I know it will probably be some ridiculous low amount that everyone has been screwed by so far.

  1195. ctown townieon 26 Apr 2013 at 6:40 pm

    To everyone trying to figure out how much money is left to go out in the 4th wave, again I would like to point out that there are 10’s of thousands of people that fall into all categories that are going to be sent forms requesting more info after the 4th wave has gone out. I requested a review before the original Apr 2012 deadline and won’t be told anything by Rust until they get more info. Have paperwork showing that they received IFR request ,got the postcard but it is addressed to my deceased mother. It didn’t matter that BOA has had a copy of her will since 2009 when we requested a modification that should have been approved but was never processed because there was enough equity in the house to pay off the predatory mortgage ($320,000) that they gave to an 86 year old lady. Ended up selling the house that had been in our family for 84 years for $100,000 less than it was worth 5 months after BOA said we would get an answer on our modification request because they had put the house in foreclosure and we were afraid we would end up with nothing. BOA got their entire $320,000 and we ended up with a little money also but nothing that could come close to compensating for the travesty of what BOA did. Rust should have sent out forms for more info before first wave of checks but then they wouldn’t be drawing interest for 3 extra months from all those people ‘s money!

  1196. Chinaon 26 Apr 2013 at 7:29 pm

    hi, Deborah,could you explain to me what you mean,because what i have compared from the chart that is being passed around and to the OCC agreement, it is too much of a coincidence of the way they have it broke down,if you could just print out both charts to see what I am talking about,look at wave 1 the numbers on the chart and than go to the OCC chart find the same numbers for waive 1,let me know what you came up with,it is so interesting to me.

    # Deborah on 26 Apr 2013 at 4:26 pm
    I will give one thing to OCC, this process for sending checks has been the best kept secret ever. I thought for sure the word would be out by now or some genius would have figured out the pattern!

  1197. tomon 26 Apr 2013 at 7:52 pm

    i am 100% sure there are still oodles of $300-500-600-800 checks to be mailed yet..either 3rd or 4th wave.due to the fact that i lived in my house 2 yrs avoiding boa’s phone calls..i did nothing to improve my sit w/boa…never asked for hamp or any other program they offered.

  1198. tomon 26 Apr 2013 at 7:56 pm

    rust said my check is in 2days mailings.i will post again.

  1199. #tdton 26 Apr 2013 at 8:15 pm

    California, 3rd wave, wells Fargo, signed up for review, filed bk ch 13, made 7 months of payments no change in loan, tried numerous times to short sale. Denied each time. Finally foreclosed on spring 2009. I can make a case for 300-62500 so who knows. Find out in a couple of days.

  1200. LeeAnn - so. ca.on 26 Apr 2013 at 8:23 pm

    3rd wave..Wells Fargo…bk..no loan mod…lost home. Kills me when im late on my truck payment and WF rep says you dont want us to repossess your truck do you ?

  1201. LeeAnn - so. ca.on 26 Apr 2013 at 8:25 pm

    Oh yeah…ch 13 …filled out irf ppwk.

  1202. Lenaon 26 Apr 2013 at 8:25 pm

    @ Ken, I did not receive a notice saying substantial amount, have you heard of some people getting this?

  1203. deborahon 26 Apr 2013 at 8:26 pm

    What I m referring to is that there was supposedly a pattern of distibution chosen by federal regulators. They will not say what the pattern is. I think we can safely say that there is enough evidence to say that it doesn’t appear to go by last name, location, or servicer. Now I believe that if there are 300 to 800 dollar checks in this wave (which the numbers show there has to be) then it doesn’t go by category as we should be @ around category 4 which doesn’t allow for such low payments. In other words, if there is truly a pattern, nobody seems to know what it is.

  1204. deborahon 26 Apr 2013 at 8:30 pm

    By the way….I am also BK 13 with completed foreclosure HSBC

  1205. kishaon 26 Apr 2013 at 8:32 pm

    I am with chase, but the continue to tell me no information and to watch, the mail. they wont say what wave I am in or nothing. only that I am eligible to receive something.

  1206. #tdton 26 Apr 2013 at 8:39 pm

    When I did the math based on the OCC figures every wave averaged 845-900 per person. The 3rd wave is 927,000 checks for 794 million bringing the total to date 3.7 mil checks for 3.2 billion. 794,000,000/927,000=$856.52. Total 3,200,000,000/3,700,000= $864.86 avg. per check

  1207. #tdton 26 Apr 2013 at 8:47 pm

    So of the 3.6 billion that means 400,000,000 for the last waves. Approx 500,000 people left. Do that math and it 400,000,000/500,000= avg 800

  1208. ivanon 26 Apr 2013 at 8:59 pm

    i do believe this accurate look at the payment settlement and compare to this
    1) hardly heard stories of big payments
    2) most people in wave three did bankruptcy


  1209. Andrewon 26 Apr 2013 at 9:31 pm

    Less than 29,000 scheduled for payment in bankruptcy categories

  1210. Michelle- Alabama/ BOAon 26 Apr 2013 at 11:13 pm

    @Ivan, what checks do u think are possibly going out in the fourth and fifth waves? Trying to figure my chances of getting a good check. Although, I’d be satisfied with anything at this point…

  1211. MMon 27 Apr 2013 at 12:35 am


    Take a look at this website, tell me what you think.

  1212. Nancy Brownon 27 Apr 2013 at 12:40 am

    Please stop posting the link to the excel sheet as this is inaccurate. There are over 900,000 checks being sent out in 3rd wave, which means MANY low checks. People are saying many people in 3rd wave filed bankruptcy, but I am in 3rd wave and I did not.

  1213. MMon 27 Apr 2013 at 12:53 am


    This is another website with a forum for people to express their concerns with the IFR process.

  1214. Evelyn/CT Residenton 27 Apr 2013 at 5:51 am

    Did anyone hear of or get a larger check? opposed to the $300 to $800 dollar checks??? (minus the few $1,000 to $6,000) Also, still curious to hear from the couple who did receive (earlier on in the notes) the $62,500 check???? I’m assuming that a check that large doesn’t just get sent thru 1st class mail???? I would think you’d have to sign for it????

  1215. Michelle- Alabama/ BOAon 27 Apr 2013 at 5:59 am

    @Evelyn. ..I was told u would have to sign for it, including some paperwork as well. Some people stated they received a few larger checks, but who knows…

  1216. Margoton 27 Apr 2013 at 6:34 am

    I hear people receiving BIG checks, received letters from their General Attorney for signing documents and were directed to a web site where they can do the process or be mailed back.

  1217. kaykayon 27 Apr 2013 at 7:03 am

    My mortgage was with US Bank, I’m in Tx, Rust rep. informed me yesterday that my check was mailed out yesterday.

  1218. Donnaon 27 Apr 2013 at 7:06 am

    @Stephanie. I was also very disappointed but not surprised. I literally looked at the $500 check and felt the hope drain from my body and then went downstairs and wept. We are all experiencing the old saying “adding insult to injury”. It was a very somber moment after I opened that envelope. Then I could hear my dear father’s voice telling me “Well honey, that’s $500 you didn’t have before.” We sure could use the extra $ right now but it still stings. Looking to the future and hoping something good comes of all this mess. Fight the good fight people and sign the WH petition and get involved with the class action if it comes to fruition. Good luck and blessings to all.

  1219. kenon 27 Apr 2013 at 7:16 am

    Lena on 26 Apr 2013 at 8:25 pm

    @ Ken, I did not receive a notice saying substantial amount, have you heard of some people getting this?

    Lena, no I have not heard of this coming from other people other than myself. The problem is that I never saw it with my own eyes. My wife called me and read it to me over the phone and then threw it away. Like I said, it will probably be 300-800 anyway, ughhh! I cant wait for this to be over so I can stop thinking about it.

  1220. Lindaon 27 Apr 2013 at 9:04 am

    I received postcard with LITTON name on it. I am to scared to call BLOOD PRESSURE high just thinking about it. Nevada resident

  1221. nodefaultcaton 27 Apr 2013 at 9:07 am

    DOJ settled with Wells Fargo Bank, N.A. for discrimination case

    Beginning April 25, 2013, the US Department of Justice Civil Rights Division (“DOJ”) and the settlement administrator (Epiq Class Action & Claims Solutions, Inc.) plan to contact borrowers who are eligible to receive damage payments from the $184.3 million settlement fund from the lending lawsuit against Wells Fargo, United States v. Wells Fargo Bank, NA (D.D.C.). Each letter will include a minimum amount of money that the recipient can expect to recover if they chose to participate in the settlement.

    Epiq, the independent administrator, can most likely answer questions you may have about this settlement. To contact Epiq, call 1-866-329-5282 or send an email to info@WellsFargoDOJConsentOrder.com. If Epiq cannot answer your question, Epiq will consult with the DOJ, who may contact you directly.

  1222. Donnaon 27 Apr 2013 at 9:15 am

    Here is the link for the WH petition for those who have not seen it yet. Almost 300 signatures right now. Please sign and post to your FB accounts and ask your friends and family to sign also.


  1223. nodefaultcaton 27 Apr 2013 at 9:48 am

    Maybe an idea of how many loans per bank
    JPMorgan Chase Suspends 56,000 Foreclosures Sept. 2010
    Bank of America is halting foreclosure proceedings in all 50 states oct.2010
    Gmac halts foreclosure in 23 states 2010

    that’s what started this 2009/2010 I bet we can find out the approximat borrowers ??? what you think

  1224. Shannonon 27 Apr 2013 at 9:52 am

    Hello everyone! I am with Wells Fargo I did not file bankruptcy and I am a 3rd waver. As I read the posts I notice that there are a lot of Wells Fargo(ers) in the 3rd wave. I read an article that WF was the biggest offender in this lawsuit and they are dishing out over 794 million. I also found one page from my modification and one paragraph states that they can make changes to the plan if necessary. So not sure what category that places me in.
    God Bless and good luck to all!

  1225. LeeAnn - so. ca.on 27 Apr 2013 at 9:58 am

    @no default cat,
    You just made my day. How did you learn about this.

  1226. Pinsand Needles...on 27 Apr 2013 at 10:02 am

    Can the Rust people tell if we filed for a review??? I can’t get an answer on this question???

  1227. J is Waitingon 27 Apr 2013 at 10:07 am

    Did everybody who wanted a review get an answer back from Rust or the IFR? I don’t remember getting an answer back.
    3rd wave people be strong!

  1228. kishaon 27 Apr 2013 at 10:18 am

    good morning, I am waiting on chase , in louisiana
    well, finally called again today and got a rep with chase that gave me alittle info, stating that my check was not mailed out Friday, great, I guess, : ( but she did let me know that they didn’t need any more information. so I am thinking it will be 4th wave, wow, ok. well, I guess we will see, at least I can stop running to check the mail. she wouldn’t give out any amounts I got read the script that they usually say. so I hope I am a fourth waiver and that the would at least get all the checks to people by early may and don’t have to wait till august, ugh, still hopefull

  1229. nodefaultcaton 27 Apr 2013 at 10:21 am

    Where did the money GO??
    Latest scorecard shows 734,509 HAMP trial mods canceled
    U.S. banks agree to $25 billion in homeowner help
    On February 9, 2012, Attorneys General from 49 states signed an agreement with five major banks, Bank of America, Wells Fargo, Chase, CitiMortgage and Ally (GMAC), reaching a $25-billion dollar settlement designed to grant principal reductions for mortgages that were underwater and provide checks of $1500 to $2000 to homeowners who had possibly been improperly foreclosed upon.[20]

    The IFR project proved to have very tight limits on whose applications for review would and would not be accepted. Tens of thousands of homeowners who had contacted NACA after being financially harmed by their lender were denied the opportunity to have their loans reviewed because of the exceptionally strict requirements.

    NACA turned to the newly-formed Consumer Financial Protection Bureau, seeking to have more than 60,000 files that had been denied the opportunity to undergo the Independent Foreclosure Review examined by the CFPB instead. The agency and its Acting Director, Richard Cordray, turned away the complaints, refusing to investigate the thousands of claims of wrongful acts by mortgage lenders. The agency claimed to have a limited capacity which made it impossible to deal with the huge volume of files. Later, the CFPB would also try to shift blame to Congress with the assertion that they had not been given the specific authority to deal with individual consumers’ grievances, effectively making a lie of the very name of the agency.

    On October 8, 2010, Bank of America Home Loans announced a freeze on foreclosure sales pending a review of foreclosure documents in all fifty states. … 2010, J.P. Morgan Chase & Co. announced a suspension of foreclosures in all … The team leader of the document execution unit of GMAC Mortgage, LLC (now Ally …

  1230. nodefaultcaton 27 Apr 2013 at 10:26 am

    I thought Rust was only available Mon – Fri?

  1231. Patsyon 27 Apr 2013 at 10:32 am

    I think the chart is a complete waste of time. Everyone who looks at it places themselves (or situation) in one of the higher payout catagories. But in reality when they get their check it’s for a few hundred dollars!

    We should all expect the minimum (even though we all deserve the MAX), then if we happen to get a larger amount we won’t feel as dissapointed. In other words, we’ve all be through enough with these bastard banks, who would expect that they would do the right thing this time?! They have already proven that they are theives, why would they change now?

    Expecting more than the minimum will only make you more angry and raise your blood pressure! Expectations usually lead to disapointment….don’t expect justice in this case!

  1232. Michelle- Alabama/ BOAon 27 Apr 2013 at 10:41 am

    @Pinsand Needles…. I called Rust and they stated my form was on file in mid November. I did mine online. They can give u that info…

  1233. darleneon 27 Apr 2013 at 10:43 am

    If we just start with the fact that they spent 2 billion dollars and reviewed 100,000 applications until Jan 2013 we get an idea of the corruption. Between Jan and April when we started receiving checks, they conducted a review of the remaining 4 plus million? Puh-lease.
    There is no review. This is the way the banks do things…2 billion is almost one quarter of the total settlement. That fact alone is worth review. The rest of it and how our lottery checks have been determined is the same way they determined whether we got a loan mod or not. How many people actually received a loan mod before 2012. Not many and I know the HAMP program had a 1% effective rate until then. Keep in mind however, that TARP which bailed out the banks to the tune of hundreds and hundreds of billions of dollars had a stipulation to help homeowners. They did not. There is piles of evidence but few lawmakers with backbone. The inspector general for the TARP funds wrote a book which lays out the evidence of the banks breach..nobody seems to care. They are guilty however..someday, someone is gonna have the integrity and courage to take them on. If 4 million of us gave one dollar each to sue them, we’d have 4 million dollars which would be a helluva lot more than anyone else has ever done. They do this because they can get away with it and there is no govt agency to stop it.

  1234. nodefaultcaton 27 Apr 2013 at 10:43 am

    for service members: page 6
    8The Servicemembers Civil Relief Act (SCRA) restricts foreclosure of properties owned by
    active duty members of the military. Pub. L. No. 108-189, § 303, 50 U.S.C. app. § 533
    (2003). This provision applies to loans originated before the servicemember’s active
    military service. We have ongoing work on various aspects of federal oversight of SCRA

    For the rest of us it is a must review …. the Gov never intended for this to work : READ < SHARE we lost a million some where

    page 7: 11The 4.3 million people represents those people whose mortgages securing their primary
    residence was serviced by one of the covered servicers and were subject to any stage of
    the foreclosure process in 2009 or 2010. It does not suggest a number of people who may
    or may not have been financially harmed by errors in that process.

  1235. J is Waitingon 27 Apr 2013 at 10:46 am

    I called them this morning so if you need to call do it now…

  1236. MMon 27 Apr 2013 at 11:12 am

    I called WF today and a very nice lady told me that my check was in the 3rd wave and has already been mailed. I live in GA. She said it was not certified mail, just regular mail. I didn’t expect a large check, but now I know that I too might be getting a small amt. and I did file for the IFR. I hope the best for all of you because some people are still hurting. I got to keep my home after filing BK, but so many of you were not able to keep your home. Send your letters to Elizabeth Warren @ the address above in another post, and see what we can do as we unite.

  1237. darleneon 27 Apr 2013 at 11:25 am

    Prove financial harm? Anyone who put 20% down on a house in the hardest hit areas beginning in 2003 lost money. Is it really the fault of the homeowner because the equity vanished in tens of millions of homes. No. It is the fault of the banks for creating the credit default swaps and then betting against them. The pr campaign which blamed it on the subprimes was a multi million dollar campaign to cover their dirty deeds. What did we do? We gave( taxpayers) AIG money to cover the bets. They gave 25 billion of that to Goldman Sachs to pay their bet. What did we get? Nothing. We lost our homes one by one. We have always been expendable and our lives matter diddly squat to them. To this day, they have nothing in place for a rental modification. They say they do, but they don’t. They didn’t even have a place on the application for it until this past year. We all know how profoundly corrupt and inept they have been and how easy it is for them to deny a loan mod for no good reason like lost paperwork. There is no way to prove a paper trail or a conversation. Even today, they can say they have received a document and then days later deny for not receiving that document even though you know you faxed it to them and a person on the phone acknowledged that but then all of a sudden they say they didn’t get it. There is no way to email them to prove your conversations. It is a joke and they hammer away at us one by one..beating us into depression and despair. and fear.
    No one will escape them ..oh, I know people who think their lives are so secure that this could never happen to them. If one half of the community is broke and scared, you better believe you could be next .I know full well what and how they do it, greed on top of greed..I also know it must stop.

  1238. Notreadytomakeniceon 27 Apr 2013 at 12:25 pm

    Called Rust and payment is in 3rd wave. Will post my amount when I receive the check. Based on others comments, am anticipating a small amount. #BK – foreclosure.

    I agree with many others who have posted to offering guaranteed low rate mortgages…..or at minimum a payout of the value of the house at the time it was erroneously foreclosed on.

  1239. LeeAnn - so. ca.on 27 Apr 2013 at 12:53 pm

    Notreadytomakenice, who is your servicer ?

  1240. lakeon 27 Apr 2013 at 1:01 pm

    Last week, some people were posting on Saturday (20th) that they had received checks or certified mail that went out on Friday (19th). What’s up today? Anyone received anything??

  1241. Notreadytomakeniceon 27 Apr 2013 at 1:36 pm

    @LeeAnn-Wells Fargo

  1242. MMon 27 Apr 2013 at 1:39 pm

    The people who are answering the phones for WF @ Rust do not work for WF. I have absolutely no respect for WF and I’ve read most of the stories on here and I don’t care for BOA either. But you have to treat people the way you want to be treated, and the lady I spoke with @ WF was very nice, didn’t give that much info. but treated me with respect. That is all I asked WF to do from the beginning of my crisis, but they wouldn’t as a whole. I have three mtgs. w/WF.

  1243. nodefaultcaton 27 Apr 2013 at 2:00 pm

    SEC Charges Deloitte and Touche (JP Morgan’s Independent Foreclosure Review Firm) with Violating U.S. Securities Laws in Refusal to Produce Documents
    A little history :

    Servicer was to pick who to do review “independent ” well Servicer works for bank (my case EMC now works for JP) Deloitte has worked for JP , JP bought BEAR STEARNS (EMC was servicer for Bear )Deloitte worked for Bear. MY loan was BSABS 2003-2 series … JP was successor trustee to Wells Fargo Trustee …. yea right , corruption

  1244. martyon 27 Apr 2013 at 2:08 pm

    “Last week, some people were posting on Saturday (20th) that they had received checks or certified mail that went out on Friday (19th). What’s up today? Anyone received anything??”

    The only people who might get a check on Saturday from a Friday mailing are those very close to a large mail processing center and it would have to be one close to where Rust is mailing them from.

    Anyone notice the postmark city that the checks are coming from?

    Overnight delivery is not common unless you are really close to the origin point of the mailing.

    Most of these checks are likely arriving on Mondays and Tuesdays, some on Wednesdays. I have been assuming that if I don’t see it by Wednesday, it’s not coming this week.

  1245. Ebonaifedon 27 Apr 2013 at 2:09 pm

    I also waiting on a check from CHASE. I am in the 4-26-13 wave. Spoke to a rep at RUST today 1:30 pm ET. MY Check was mailed out yesterday, I was also protect by Bankruptcy Law like so many of you. To make a long story short, file to Chapter 7 April 08 discharge Aug. 08. CHASE refuse to modify my Loan. THEY TOOK MY THROUGH HELL. My Mortgage was current when I file for Chapter 7 I just needed a MODIFICATION. They have corrected my Credit Report Experian showing has never having a Mortgage with them, TRANSUION 0. EQUIFAX 0. Please everyone check your credit report. I pull mine on 4-15-13, My credit score has actually gone up since they have made these changes to my report. I have a Credit watch on all 3 and every Month they send me my report, So I have actually been watching my report. This is part of the Agreement these BIG Banks made with the Govt. to fix our Credit Report. So please stay on top of it, do not let these CROOKS off the hook. I will definitely keep your guys posted when I receive my BLOOD MONEY

  1246. Elizabethon 27 Apr 2013 at 2:13 pm

    I was told by Rust my check was mailed Friday. Nothing yet. Servicer was USBank

  1247. Rosson 27 Apr 2013 at 2:38 pm

    So no one got a check today?

  1248. Djon 27 Apr 2013 at 3:01 pm

    in Ohio ….nothing yet probably Monday …B of A

  1249. nodefaultcaton 27 Apr 2013 at 3:03 pm

    A big part of the problem is that many of the reviews are being done by Big Four auditing firms. For example, the Fed published an engagement letter between independent consultant Deloitte and JPMorgan Chase to review EMC Mortgage, a servicer the bank inherited from Bear Stearns. Deloitte is also engaged to review JPMorgan’s OCC-regulated mortgage business, including loans it got from the takeover of the failed Washington Mutual. The conflicts of interest here are egregious – in spite of claims by the OCC and Fed that they rejected some auditor-servicer engagements because of conflicts.

    A foreclosure review could turn up errors an auditor had made. For example, the independent consultants must develop an estimate of potential liability for charging borrowers illegal or excessive penalties and late fees. If it turns out a bank was charging such improper fees before and during the foreclosure process, it means the auditor missed poor internal controls over the bank’s billing or fraudulent revenue-recognition practices.

    The Deloitte partner in charge of the JPMorgan engagement, Ann Kenyon, was a partner on Deloitte’s audit of Washington Mutual. So it would not be in her interest for Deloitte’s consultants to turn up any auditing errors the firm made with that mortgage originator, particularly since Deloitte is a defendant in shareholder litigation related to Washington Mutual’s collapse. In addition, Deloitte audited Bear Stearns, and is going to trial as a defendant in Bear Stearns investor litigation related, in large part, to EMC. So the consultants wouldn’t have a strong incentive to find any auditing goofs there, either.

    article from american banker

  1250. Ms rozon 27 Apr 2013 at 3:13 pm

    Rust rep said check went out on 4/19 no check yet rep said check back wednesday

  1251. High Desert BOAon 27 Apr 2013 at 3:18 pm

    Nothing yet in High Desert…boa, maybe monday

  1252. Ms rozon 27 Apr 2013 at 3:20 pm

    Anyone from cincinnati get something. Just wondering cause that’s where I am.

  1253. JJon 27 Apr 2013 at 3:30 pm

    What if you were actually under Ch 13 bankruptcy when foreclosed on?? Not coming off one or in the middle of a dismissal or attempting a short sale. I was actually actively in one (still am in the same plan) with trustee payments going to BoA and foreclosed on by BoA out of the blue. Bit of a surprise one afternoon to receive a call from a stranger saying they just bought your home on the courthouse steps. My trustee and attorney had the sale reversed 2 days later. Attorney is waiting to see what this ‘check’ is going to be for more than me.

  1254. martyon 27 Apr 2013 at 3:52 pm

    “Rust rep said check went out on 4/19 no check yet rep said check back wednesday”

    Where do you live? If mailed on 4/19, and nothing unusual happened in the mail system, you should surely have gotten it by now.

    Are you in a very isolated location?

  1255. Donnaon 27 Apr 2013 at 3:59 pm

    @Darlene – BRAVO!!

  1256. DG-Ohioon 27 Apr 2013 at 4:41 pm


    IFR was contacted Friday for payment status. Payment was mailed April 26, no other information was given. I will prep for disappointment?

  1257. darleneon 27 Apr 2013 at 4:50 pm


    The Deliotte JPMorgan chase relationship is most probably the tip of the iceburg and I think extremely important so far as any review of the IFR. They’re all in bed with one another..moving from one financial institution to the other and covering each others tracks. I think the statistics surrounding this should be researched by a top notch business economic school. Max Keiser often has scholars and professors on his show which may take an interest in a project such as this. I know there is a FOIA lawsuit filed against Deliotte for info re their relationship with Chase re the IFR or at least I think so. Frankly, I don’t understand much of it from a statistical proof point of view…but as a small fish who just got gobbled up, I know first hand of the crime.

  1258. Cristinaon 27 Apr 2013 at 4:53 pm


  1259. tristaon 27 Apr 2013 at 5:00 pm

    Hey checked bk record boa has 0 balance 0 late 0 owed

  1260. Jehovah-Rapha's Childon 27 Apr 2013 at 5:38 pm

    We lost our home about a year ago. After many tears and restless nights, and an almost failed marriage from the stress. I have come to this one conclusion…Though He slay me, Yet will I trust Him. I will joy in the God of my salvation. Naked I came into this world and Naked I shall return. The Lord gave, and the Lord has taken away. Blessed be the name of the Lord forever.

  1261. Lee Ann-so caon 27 Apr 2013 at 5:39 pm

    There sure are a lot of people who are on the 3rd wave from WF.

  1262. Shannonon 27 Apr 2013 at 5:55 pm

    @ Lee Ann it sure seems that way

  1263. PAXon 27 Apr 2013 at 5:56 pm

    Abbey Spainer att. in NYC has filed a class action against saxon for breach of contract for people who completed 3 trial payments than denied as part of the HAMP. Saxon tried to have dismissed Fed judge in PA turned them down. All those with Saxon check it out.

  1264. sassypantson 27 Apr 2013 at 8:48 pm

    # Jehovah-Rapha’s Child…Amen and Amen…Jehovah Jireh…my provider <

  1265. billyon 27 Apr 2013 at 9:51 pm

    Wf okla told check mail yesterday I really want to beleive that I n others to be treated fairly we will c

  1266. Tonistlon 27 Apr 2013 at 10:20 pm

    Jehovah Jireh :-)

  1267. lisalon 28 Apr 2013 at 4:33 am

    I read every post and my heart goes out to you all.
    been there…doing that.
    Plz dont forget to sign the whitehouse petition..and pass it on!


    Remember, Every journey begins with one step!

  1268. tristaon 28 Apr 2013 at 6:59 am

    Thank u for reminding all of us on this beautiful Sunday morning to not to lose faith and also to those yesterday who had there Sabbath to all those who don’t need a special day good luck and may your god or gods be with you never forget your creator in all.

  1269. Jeff and Carrieon 28 Apr 2013 at 7:55 am

    We are supposed to be in the third wave. B of A bought our note from our other mortgage lender while we were under chap 7 bk protection. We got behind because I was off work for 10 weeks without pay when our daughter was born with serious birth defect.
    Monster medical bills on top of that. We didn’t have the energy to fight it at the time and walked away from the home. Yes, it is awful to lose the equity and to have bk on credit report!!! This was in 2008-2009. We had several letters from lawyer stating that we should come see him because things were not handled right with the house, but who has thousands of dollars for the legal fees? Congress bailed out Wall Street and screwed those of us who live on Main Street.

  1270. KSVHon 28 Apr 2013 at 8:41 am

    @Stephanie, not to make you feel worse, but your story sounds similar to mine. (Tried for mod, no decision, foreclosure, filed IRF papers) According to the “chart,” you should have rec’d $6,000.

    I did receive $6,000, which according to the chart is the amount I should have received.

    IMHO, however, I should NEVER have lost my home. They should have modified the loan. I put $30,000, down, paid faithfully for 11 years, called repeatedly when I needed help (and didn’t get it).

  1271. Kevinon 28 Apr 2013 at 8:50 am

    Wow. the OCC is involved in this FRAUD also.

  1272. Kevinon 28 Apr 2013 at 8:51 am


  1273. KSVHon 28 Apr 2013 at 9:04 am

    How many of you filed for the payment from the NATIONAL MORTGAGE SETTLEMENT? Those checks are scheduled to be mailed in mid-May.

    **$1.5 billion will be distributed nationwide to 750,000 borrowers who lost their homes to foreclosure between January 1, 2008, and December 31, 2011. This equals $2,000 per foreclosed homeowner. Significantly, accepting the $2,000 will not release private claims against the servicers.**

    The actual amount is supposed to depend on HOW MANY filed. Also, I’m sure a large amount will go to “administration.”

  1274. Lenaon 28 Apr 2013 at 9:06 am

    EXCELLENT article from Rolling Stone magazine, make sure yo watch the entire video from Elizabeth Warrens questioning..


  1275. Lenaon 28 Apr 2013 at 9:13 am

    We obviously got the the attention of some important people, the article from Rolling Stone gave me hope that there are some people that care and are trying to do something to correct this joke. Back in 2009 when I got my notice that I was being foreclosed, I was clueless on what kind of help and assistance I should have gotten. Litton took my house from me so fast I never even knew what hit me. Being a single mom with 2 daughters, I was so scared I that I just left and found a townhome to rent and struggled to pay the rent. I got served on Christmas Eve 2009 and they foreclosed in Feb 2010, even when my house had an offer for a short sale.

  1276. Michelleon 28 Apr 2013 at 9:23 am

    You know what so mess up about this. When the banks were in trouble and the auto companies the government had no issues bailing them out. We get in a lil trouble as they did no help just take the roof from over our heads.

  1277. Amandaon 28 Apr 2013 at 10:06 am

    #Trista, Tonistl, Sassypants and Jehovah-Rapha’s Child

    Thank Yall for letting me know it’s in God’s hands and always have been since day 1. I must say personally for the 1st time in my life since been foreclosed and homeless(I was a middle class health care administration) I have ate at the table with other homeless victims some homeless due to mental illness, runaways or like me lost everything. This is a life experience and I treasured every person I met during this trial but soon I feel like God’s children will be rewarded in the making. So now I’m seeking some theory on the Citi’s mortgage victims, here’s my status as of last week:

    called IFR/Rust and they told me that mines has not have a determined date or any info.
    Did not do a bk

    So do anyone have a thought what’s up with the one’s they are saying there’s nothing about our ck yet?? and the rep I spoke with told me there is actually a 5th wave???

  1278. J is Waitingon 28 Apr 2013 at 10:22 am

    People PLEASE go to the whitehouse.org site and sign on to the petition for a REVIEW OF THE REVIEW!!! There needs to be 100,000 signatures for it to go before the President and there is less than 500 now. With all of the media attention and a bill before Congress now for this review to happen we need to stand together like never before. Tell someone and they will tell someone and so on…the Rolling Stone article is AWESOME!!! Read it and see what arrogance these regulators and banks have-lets make them pay us what we deserve. This will not be the end-only a new beginning!!!

    3rd wavers let me hear from you!!!!!!!!!!!!!!!!!!!!!!

  1279. Wilhelmon 28 Apr 2013 at 10:31 am

    I signed up http://wh.gov/tILP . Let’s all get involved to give traction to this petition. This needs to be approached from all angles. No one should feel down and out cos it ain’t over till it’s over. I haven’t received my check yet, however, I am pledging my moral support to this cause until we all receive redress. Let us all sign the petitions and raise our voices wherever we can to keep the momentum going.

  1280. Kevinon 28 Apr 2013 at 10:34 am

    @Lena. Sorry you lost you home. It is a shame that regulators whose primary job is to make sure the consumer rights are protected against these BIG BANKS. Elizabeth Warrens briefly exposed the practices of the OCC. Its so much fraud that goes on in this United States its not funny, for example the IRS.

  1281. Jayon 28 Apr 2013 at 10:41 am

    Bought house in 2003 Ajustable rate mortgage kept climbing to 16.99% interest rate by 2008. paid 3 temp modified payments @ 5% interest rate in 2009 with no problem. After the 3rd successful payment it jumped back to 16.99% Denied any other help!!! Immediately foreclosed on and house was sold 3 months later @ an auction for $9,000 bucks!!! Wouldn’t work with me but sold my house for pennies!!! Got 6K so i’m thankful even though i was still cheated!!!

  1282. darleneon 28 Apr 2013 at 10:52 am

    Wonderful article from Matt Taibbi in Rolling Stone. He lays it out. the truth of it. and he gets it. If the banks would have handled this at least partially fair.. not even all the way fair, instead of doing what they always do, this whole thing would have flown under the radar. They are so bold in the corruption at this point that they just act like no one can do anything about it.

  1283. J is Waitingon 28 Apr 2013 at 10:56 am

    I have e-mailed Senator Warren and my local Representative in the House to let them know MILLIONS of American s have been wronged. Please let these people know that we are demanding more action and we need their help. I am going to log on to this site and watch for people responding and doing something more than waiting for the next person to tell us their measley check amount and I hope everyone will do the same-the time to act is NOW!!!

  1284. Sican Tiredon 28 Apr 2013 at 11:09 am

    HR 1706 is the bill before the House that we all need our Congressional Rep’s to look into so let them know…

    Senate.gov and House.gov and it only takes a minute for millions of people to be heard!

  1285. Ms rozon 28 Apr 2013 at 11:51 am

    Second wave nothing yet b of a. Cincinnati

  1286. Jenon 28 Apr 2013 at 11:57 am

    Our home that we lost to foreclosure had two mortgages on it. Wells Fargo was the primary and Citi Financial the second lien holder, I know we are in the third wave but will we receive two different checks since we had two mortgages or will receive just one?

  1287. Ms rozon 28 Apr 2013 at 11:59 am

    @marty thanks for the info about checks being mailed

  1288. Jayon 28 Apr 2013 at 12:09 pm

    Everyone, the OCC and the Federal Reserve admitted to Senator Warren that the BANKS made up the reimbursement schedule we have all seen so that is the reason most of us are not getting close to what we thought.

    Let’s all gain as much knowledge as we can so this won’t be the end but just the beginning to REAL compensation!

  1289. Anaon 28 Apr 2013 at 12:18 pm

    @ Jen….we had two mortgages also and we already received one of the payments and the second payment was mailed out on Friday. Good luck

  1290. Jenon 28 Apr 2013 at 12:21 pm

    @Ana thanks for the reply :)

  1291. Ebonaifedon 28 Apr 2013 at 12:42 pm

    Am I the only one that have notice how they choose to release these payments during a Non-Election year. This is all too convenient. I must say after reading everyone post it has definitely made me sad all over again, because I live this mess 5 years ago with Chase. I cannot believe that the Fed Govt. that I work for and believe in is actually going to let these Banks get away with stealing people homes right from under them including my own and then refusing to properly compensate us. This is just totally unacceptable. You go into Public Service to Serve and Protect, but who is actually protecting us the Consumer, were is the justice, were is the fairness, I do not see it in these payments that people are receiving. I am in the Third Wave, should be receiving my check within the next few days, and will definitely post.

  1292. lakeon 28 Apr 2013 at 12:54 pm

    I signed the petition. I’m waiting on 3rd wave. Our story is like most of your stories- crazy, impossible decisions by a multitude of bank employees that didn’t know what the right hand was doing from the left. Never talked to the same person twice and got multiple answers to the same questions daily.

    Before we ever missed a payment, I called to ask about options as the financial crash in ’08 drastically affected our business/ finances. That, I see now, was the biggest mistake. I took their guidance. We did everything asked and believed we were doing the right thing. We continued to call, follow up, call, send paperwork, call, call, call.

    Foreclosed. BOA. There is not a category for us- we were waiting on modification aproval and also were approved for a deed-in-Lieu. On the day the Deed-In-Lieu was officially approved, they sold the house. (I think that’s called duel tracking and is illegal?). We never heard from modification department (even though we’d tried before and were denied, we’d been encouraged by THEM to try again!). So we were: denied mod; approved for DIL; no decision on mod second time. That may put us in the $6k category but who knows. Well, actually God does know and He’s so got this!

  1293. normanon 28 Apr 2013 at 12:55 pm

    Still no check and wave… Bk plus remod denied. Boa.. got a strange feeling they want to make sure some does checks go past the 90 day mark .. 5 wave in July… Count the days..

  1294. Jayon 28 Apr 2013 at 1:07 pm

    Petition, petition, petition…3rd waivers let’s hear from everybody this week!!

  1295. Peteon 28 Apr 2013 at 1:29 pm

    See what happens this week. 3rd wave. BoA. ILLEGALLY foreclosed on while under protection of 13 bankruptcy. Foreclosure was reversed 2 days later by my attorney/trustee but have to wait and see what BoA deems is appropriate amount for breaking federal laws.

  1296. Lenaon 28 Apr 2013 at 2:35 pm

    I signed the petition……spread the word!

  1297. Waiting in KSon 28 Apr 2013 at 2:37 pm

    @ Jen…I too had my 1st w/ Wells and 2nd w/ Citi. I ended up doing a short sale. Citi never started foreclosure proceedings on me, only Wells. I think you would get 2 checks if both services foreclosed or started foreclosure proceedings . I’m also in 3rd wave w/ modification denied. Good luck to u!

  1298. Lenaon 28 Apr 2013 at 2:38 pm

    I am still hoping to be in the 4th wave…I know I am not in the 3rd, don’t think anyone with Litton or Saxon are on the 3rd wave…if anyone from those lenders has already got a check, please let me know……..

  1299. al goreon 28 Apr 2013 at 2:56 pm

    Got back from out of town and opened my check from IFR. Wow 50,000 that i was not expecting. Time to crack open a bottle of beer.

  1300. Tonistlon 28 Apr 2013 at 3:06 pm

    Congrats, Al :-)

  1301. al goreon 28 Apr 2013 at 3:23 pm

    Forgot to add i was with HSBC in CA. Good luck to the rest of you.

  1302. jwillon 28 Apr 2013 at 3:30 pm

    @ al gore…what wave were you in? 2nd?

  1303. LeeAnn - so. ca.on 28 Apr 2013 at 3:30 pm

    @jen…we had 2loans and received 2 postcards.

  1304. Evelyn/CT Residenton 28 Apr 2013 at 3:38 pm

    Where are you from and did you have to sign for the check???? Maybe you can shed some light on your situation and why you might have received that much.. Thanks

  1305. billyon 28 Apr 2013 at 3:41 pm

    So happy 4 u what wave?

  1306. JFon 28 Apr 2013 at 3:47 pm

    Al Gore is a politician

  1307. R Mon 28 Apr 2013 at 4:33 pm

    Thats good Al Gore .Iam with HSBC. Iam waitng to see whats in it for me too.

  1308. Deborahon 28 Apr 2013 at 4:49 pm

    also with HSBC…..hoping for the best but not expecting much. Will see tomorrow I guess.

  1309. Michelle- Alabama/ BOAon 28 Apr 2013 at 5:00 pm

    @Norman I’ve counted as well. Maybe that’s where some if the equity checks that are owed are coming from. There’s still like a billion in checks that haven’t been cashed or deposited yet tho.

  1310. kishaon 28 Apr 2013 at 5:06 pm

    @ al gore,
    congrats to you!!!! what date did the check have on it?

  1311. Stunneron 28 Apr 2013 at 5:11 pm

    Well, wave 3 checks should be arriving in people’s mailboxes tomorrow and Tuesday. Can’t wait. Assuming Rust hasn’t lied to me, I should be getting one this week and I’ll be sure to post up. Can’t wait… it’s like a little Christmas gift since I didn’t think I would ever get ANYTHING out of all of this. Plus I love a surprise, even if it’s $500. It will TOTALLY pay for my new smartphone and a couple months service. I love America!

  1312. Kevinon 28 Apr 2013 at 5:31 pm

    I signed the petition also….. With HSBC also. My wife and I called last week and they told us that we was in the 3rd wave also 4/26. Originally with signed with Decision One Mortgage which sold our mortgage to HSBC. Come to find out HSBC owned Decision One, WOW. Requested a modification in 2007, 2008 and 2010 only to get deferred with no modification. Went to local HUD office to see if they could help. They told me that HSBC does not modify mortgages and advised me to file chapter 13 BK to to force them to modify and keep my home. Come to find out that I qualified for chapter 7. Also HSBC did not paticipate in Making Homes Affordable program. Hoping for the best in the next couple of days. Keep you posted.

  1313. Stunneron 28 Apr 2013 at 5:39 pm

    Good luck Kevin! I’m visualizing a $50,000 check. Doesn’t hurt to put positive energy out there. :)

  1314. MMon 28 Apr 2013 at 5:44 pm

    This is that bill that is before the house: H.R.1706 – To establish an Independent Monitor to maintain oversight of the settlement by mortgage servicing companies that were subject to enforcement actions for unsafe and unsound practices related to residential mortgage loan servicing and foreclosure processing, and for other purposes.

  1315. VEon 28 Apr 2013 at 5:59 pm

    Lena, I was with Saxon and I have not heard or rec’d anything yet, again, I think they do not tell a person anything until the actual check is cut. Maybe I will call tomorrow just for the hell of it. Everyone, I was #28 on the petition on 4-25, its great to see people signing, but we need a rate of 3800/day——let’s make this just the beginning of making them pay.
    I am in bk, did save my house, have 2 1/2 yrs left, I thought I went thru hell and back, but now I see there are so many more worse stories and I am so sorry for all of you who lost your houses to these heartless people, the trustee’s with the bk’s are also heartless if you miss a payment. I wonder what happens when the people who work at these places get into financial trouble!

  1316. LeeAnn - so. ca.on 28 Apr 2013 at 6:56 pm

    @al gore…do u know the exact wave u were in ?

  1317. LeeAnn - so. ca.on 28 Apr 2013 at 6:58 pm

    Wave 3 checks will come this week. I wish you all luck.

  1318. ivanon 28 Apr 2013 at 7:57 pm

    any recieved a 3rd wave check yet

  1319. ivanon 28 Apr 2013 at 7:59 pm


    im starting to think this is accurate

  1320. Frankon 28 Apr 2013 at 8:19 pm

    @Ivan, that chart has only 33k people being paid in this 3rd wave. There will be 970k.

  1321. Reneeon 28 Apr 2013 at 8:30 pm

    Just curious what has you “starting to think this is accurate”?
    Is there some new info floating around to substantiate it?

  1322. Shason 28 Apr 2013 at 8:51 pm

    Great news to all of you who received decent checks.
    I am still licking my $500.00 wound.
    Waiting to see the NMS out come
    I signed the petition

  1323. Al Goreon 28 Apr 2013 at 9:07 pm

    To answer everyone’s question i was in wave 2. Check dated 4/19. I received a large pay out because HSBC placed me on a temporary modification. I was lead to believe that it would be converted to a permanent modification once the trial period elapsed. I then fought with them for a year trying to get my payments lowered until they finally foreclosed on my home. I was placed in the correct category according to the list. I qualified for $50000 and to my surprise i actually got it. Good luck to you all. I am off to drink a cold beer. Yeah.

  1324. Tonistlon 28 Apr 2013 at 9:13 pm

    Enjoy , Al. Thank you for advising the wave you were in.

  1325. Reneeon 28 Apr 2013 at 9:24 pm

    I believe the green shading means those checks were sent in wave 1 or 2, so that chart is claiming fewer than 33,000 checks in this wave….and depending on what the yellow shading represents, it maybe be claiming ALOT fewer than 33k checks in wave 3.
    I’m in wave 3, so I hope or wish it was, but it just can not possibly be correct.

  1326. deborahon 28 Apr 2013 at 9:58 pm

    My fear from reading this and other sites is that HSBC distributed their checks high to low while other servicers distributed theirs low to high. This would make for even distributions on each wave and HSBC has sure had the highest payouts already, unfortunately for me :( but I will remain hopeful.

  1327. Nancy Brownon 28 Apr 2013 at 10:07 pm

    # Ivan please STOP posting the link to that inaccurate excel sheet. It states only 33k checks but over 900k were sent out Friday. There WILL be a lot of small checks! I am really sick of reading any discussions about this false payout sheet!!!!

  1328. Nancy Brownon 28 Apr 2013 at 10:15 pm

    Waiting for my 500 slaps in the face tomorrow!

  1329. kishaon 28 Apr 2013 at 10:28 pm

    thanks al gore for the info, enjoy that cold beer : )

  1330. Deborahon 28 Apr 2013 at 11:15 pm

    If you get your check tomorrow, please remember to include your bank name when reporting. Good luck all.

  1331. lisalon 29 Apr 2013 at 5:07 am

    another interesting twist in the ongoing saga

    OCC Misses Another Conflict of Interest: Foreclosure Review Outreach/Payment Processor Rust Consulting Owned By Residential Real Estate Player Apollo, Being Sold to VC Arm of Citigroup


  1332. Leslieon 29 Apr 2013 at 5:46 am

    Wave 3, Chase bank. In 3 trial mods and they kept kicking us out, even though we were paying on time, due to chase applying my payments to the wrong accounts and applying them late. Was told to call in one week to see if the 4th trial modification would be approved and i waited 1/2 week and called back only to be told that our home would be going up for auction Tuesday morning at 10am. This was on Thursday and we had to file emergency chapter 7 Friday morning to stop the auction Tuesday. Finally worked out a modification that went from 900 to 1300 per month. We shall see what happens when our check gets here. Expecting the worse but hoping for the best. Good luck to all that have not gotten their checks yet. There are alot of sad stories. God Bless!

  1333. Michelle from Louisianaon 29 Apr 2013 at 5:57 am

    Ok once again we the people are being taken for again. They said that they send that many checks out but who to say if they did or not. I don’t think that they send that many out the 1st wave or the second if that’s the case so many that was in the second wave should have receive theirs by now. They are jerking us around. Rust is what locating in MN. 3 days folks for checks if it did not come in yet because they never mail you. Why would we believe anything that they tell us. Didn t they tell us they would help us to keep our homes and then take them away. They told me that my check was mail off Fri but Im not holding my breath or running down mailman like he is Ed Mcman(sp?) Class action is the only way to recoup our monies. At least give the equity back that was invested.

  1334. Michelle- Alabama/ BOAon 29 Apr 2013 at 6:19 am

    Well, I called Rust this morning and they’re still saying there’s no date I’ll receive my check on record. The only info they’re giving is they received my IFR form Nov 19, 2012. I’m starting to wonder if they’re even gonna send me a check bc this seems kinda weird. Maybe it’s just me, but I hate waiting and not knowing! Hopefully I’ll get more info by Wednesday. If not, that means it’ll be July 15th before it’s sent out….Smh..

  1335. Michelle- Louisiana/Cition 29 Apr 2013 at 6:36 am

    @Michelle Alabama I hate this for you it seems like they can give you some kind of information


  1336. Leslieon 29 Apr 2013 at 6:48 am

    I just called to make sure check was mailed on Friday and it was but she told me that I would not have to sign for anything and it was coming regular mail. That makes me worried!

  1337. Donnaon 29 Apr 2013 at 6:50 am

    i think the only people who are going to get anything substantial are the people how actually had their files reviewed in the 100,000.

  1338. Michelle- Louisiana/Cition 29 Apr 2013 at 6:51 am

    @Nancy your math is wrong for the chart. Add all the numbers on the bottom its over 66,000.00 ppl. People should report what they receive in the 3rd wave. If anyone reports 500.00 then the chart should be thrown out. Someone received 62500.00 in the 1st wave and even though the chart says it was suppose to be sent out in the 3rd wave it was highlighted that payment was sent out. Who’s to say that the person that made this excel knew more information that we do and leak the information to us. I really stop looking at the chart I don’t want to be upset if I get a small check. I know someone that cut up their 300.00 check. He told me it was like the bank was giving him a s.t.d.

  1339. Leslieon 29 Apr 2013 at 6:53 am

    Has anyone gotten a big amount withouth having to sign for it?

  1340. Leslieon 29 Apr 2013 at 6:53 am

    Has anyone gotten a big amount withouth having to sign for it? And will they tell you when you call that you have to sign for it or not?

  1341. Michelle- Louisiana/Cition 29 Apr 2013 at 6:55 am

    @Nancy read the chart again I see where you were coming from 33,000.00 we will see when ppl post their check amount

  1342. lisalon 29 Apr 2013 at 6:59 am

    Ebonaifed and michelle….same boat here with citi…no check..no no date NO CATEGORY….since posting link today stating rust cons being bought by vc arm of citi …well that just sounds shady….but then again what doesn’t?

  1343. lisalon 29 Apr 2013 at 7:07 am

    All we have to do is find an attorney willing to take class action against all named banks/lenders in this fiasco. we get on board, then advertising will allow more to sign up. My niece is a law student at WASHINGTON AND LEE in virginia and I have asked her to pick her law professors minds and maybe get some referrals. This is a tier 1 law school ..so maybe we can come up with something!
    THey think they can just hand us a buck or two and we will shut up.. Well Citi knows better than that as far as we are concerned. We took them all the way to federal courts. (and won).
    Of course it will be a long hard battle, but hasnt it already?
    and our govt eleected officials better realize it may NOT be an election year, but election year WILL come. And we will not forget they chose to protect the banks rather than the citizens!
    I am just angry today, not just for myself but for all. How dare they!

  1344. Stephon 29 Apr 2013 at 7:23 am

    Still no check hoping to be 3rd wave rust won’t tell me anything. Filed a review early so hopefully it was one reviewed. I’ve been following from the beginning. Citi no bankruptcy. Ga will post when I receive my check! Good luck 3rd wavers!!!!!! (Waiting for post lady like a hawk) lol

  1345. Michelle- Louisiana/Cition 29 Apr 2013 at 7:23 am

    @lisal when I talk to citi they act like they didn’t know what I was talking about but they didn’t mind asking for the 1.879.11 in atty fees. I told them when they get their *hit together I’ll get mine together.

  1346. Tomon 29 Apr 2013 at 7:32 am

    I have BOA. Interesting I received Fed Ex from them on Friday. They are offering me a loan modification. I owe $160K and they are willing to take off $50K from the first mortgage so I would owe $110K. They already took care of the $34K second mortgage paying it all off last October. I called them on Friday and they said my check from IFS was sent on 4/26 and would have no impact on the modification offer. They did say my check was small. :( They would not tell me the amount. If this is true the spreadsheet is hogwash

  1347. Roxaneon 29 Apr 2013 at 7:39 am

    IDK what to think. I think the only ones gonna get anything worth while is the service men. I lost my home, wasnt offered a modification. B of A Ohio no check yet.

  1348. lisal`on 29 Apr 2013 at 7:52 am

    Michelle-just off the phone with citi over current issues. they are such doubletalkers lol. They keep messing up our credit report despite the legal, binding settlement we had 4 years ago. They keep sending me the same letters over and over stating they are working on our issue and will respond in 30 days! Our attorney says we are going by the first letter date and not keep giving them more time. So back to court we will go, thousands more in court and attorney fees, we will get the ruling we need but once again, Citi will choose to defy it. It is a viscous circle and we are sooooo tired! Hard to get refinancing when your credit report is wrong and reporting modified when no modification was requested and no modification occurred! Lenders look at you like you are crazy!
    but we will keep the faith once again!

  1349. Michelle- Louisiana/Cition 29 Apr 2013 at 7:55 am

    @Tom that’s what I was waiting for.The low numbers in the 3rd wave

  1350. Deborahon 29 Apr 2013 at 8:24 am

    So the results are starting to filter in on other forums. So far there are a couple 600.00 checks, a 1000.00, a 2000.00, and four 6000.00. All are BOA, chase, and Morgan.

  1351. Michelle - KYon 29 Apr 2013 at 8:34 am

    @Deborah – What other forums are you following? I’m interested to see what is coming in for people that were/are with Chase.

  1352. Lee Ann-so caon 29 Apr 2013 at 8:38 am

    Stupid Banks! All they needed to do to put this to rest is give us back a loan w/ no down.

  1353. Deborahon 29 Apr 2013 at 8:41 am

    Loan safe.org under rust consulting and independent foreclosure victims under free forums. I can’t link you but u can google.

  1354. Frankon 29 Apr 2013 at 8:45 am


  1355. Lee Ann-so caon 29 Apr 2013 at 8:47 am

    Stupid Banks! All they needed to do to put this to rest is give us back a loan w/ no down.

    Deborah, can you send me some links to other forums? Please.

  1356. Elaineon 29 Apr 2013 at 9:01 am

    Just got a check for $1000.00 from Chase. What a joke we were supposed to get way more!!!!

  1357. Stevenon 29 Apr 2013 at 9:08 am

    Received my check today, Chase $6000.00. Kentucky!!!

  1358. Mhollingon 29 Apr 2013 at 9:22 am

    Happy for you Steven!

  1359. KEon 29 Apr 2013 at 9:29 am

    Rec’d 6K in MN. BoA denied modification. Appears to have fallen in the right ‘category’. Still is laughable considering the loss of security, trust in the system, and optimism about the future. Not to mention the profound effect it’s had on our children. Thank you to the person who posted the link to the Rolling Stone article. I’ve already begun my letter to Elizabeth Warren. Please sign any and all petitions that ask for closer scrutiny of the review process and bankers involved. We need to find out who was in bed with who. This is far from over for me.

    Thanks also to all that have written. It was a very good thing to be prepared for disappointment. So much for a new start and making things right.

  1360. Nancy Brownon 29 Apr 2013 at 9:46 am

    Everyone, I am in 3rd wave and as much as I WANT that inaccurate excel chart to be right, I KNOW how many checks went out – over 900k. I do want everyone to get a large amount, including myself. Mail will be here soon. Good luck everyone!

  1361. Shannonon 29 Apr 2013 at 9:50 am

    Congrats everyone! Steve who were you with? My check was mailed on 4/26 did not receive it today

  1362. Shannonon 29 Apr 2013 at 10:03 am

    Wells Fargo people check this out http://mandelman.ml-implode.com/2012/02/insider-says-wells-fargos-independent-foreclosure-review-for-occ-is-a-sham/

  1363. ivanon 29 Apr 2013 at 10:03 am

    hello everyone
    i got my big 500 check today citi 3rd wave filed bk and did request a review from citi pretty disappointed
    i guess all i can do hope national mortgage be alot more

  1364. Rufinoon 29 Apr 2013 at 10:04 am

    Any news on Litton? Good luck to all was told would be in last wave. Not sure if that is good?

  1365. Lenaon 29 Apr 2013 at 10:11 am

    Rufino, last I called Rust ( Friday) I was told I am in the 4th wave, she wouldn’t specifically say which day but said ” beginning of May”. When I told her as of April 30th I have a new address, she said my check should get forwarded no problem, but if I don’t get it by the 2nd week of May, to call back. When I called 2 weeks ago, the guy I spoke to said May 3rd, which is Friday.
    I am with Litton, let’s keep our fingers crossed!

  1366. Terryon 29 Apr 2013 at 10:18 am

    Anyone from Colorado with Citi ,receiving anything??

  1367. Deborahon 29 Apr 2013 at 10:31 am

    There is a flood of small checks out there and very few checks with triple 0’s. So much for wave 3. Brace yourselves!!

  1368. Deborahon 29 Apr 2013 at 10:34 am

    I was told my check would be mailed on April 26th. I just called to verify that it was mailed and got a recording saying no one was available to take my call and to leave a name and number. Has anyone else tried calling them today?

  1369. wendon 29 Apr 2013 at 10:36 am

    Bank of america.just got my 500.00.just like everyone else not right category.I was paying every month on time they made the mistake and put the payments somewhere else.

  1370. cristinaon 29 Apr 2013 at 10:45 am


  1371. Tomon 29 Apr 2013 at 10:45 am

    Just received my $500 BOA check/ OHIO I was expecting $62 K

  1372. BeautifulNJustUson 29 Apr 2013 at 10:46 am

    Has any of the people that was with Wells Fargo that had BKs received anything yet? Just curious?

  1373. Nancy Brownon 29 Apr 2013 at 10:46 am

    Thanks to a wonderful woman who reached out to me on Facebook to tell me my case is not hopeless. The check will be in both my ex’s name and mine, yet I have no way to contact him. The woman advised me to call the bank and quote the Uniform Commercial Code 3 -110. Since there is no AND between the names the check is ambiguous and payable to either me or my ex.


  1374. Veronicaon 29 Apr 2013 at 10:48 am

    Wend, which bank? And, was it sent out on 4/26/13?

  1375. Bobbion 29 Apr 2013 at 10:49 am

    Chase SC I received 800.00 today..so much for a big check! I was in BK and protected but our homes was foreclosed.

  1376. Oregonon 29 Apr 2013 at 11:01 am

    WF, $600 :(

  1377. Lizon 29 Apr 2013 at 11:05 am

    Just off phone with WF Rust rep. Still no date for me to get anything. However, she said there are only 2 mailings left: May 3 and July 15. Anyone else hear this?

  1378. ivanon 29 Apr 2013 at 11:07 am

    i hope this not the end cause its depressing so many stories
    4.2 million people yet 100 thousand got review

  1379. Meekon 29 Apr 2013 at 11:07 am

    WF $500 :(
    BK 13
    2 modifications
    House gone

    But God is still God. The banks will have their day before a just God. Be blessed all.

  1380. BeautifulNJustUson 29 Apr 2013 at 11:08 am

    May I ask what your situation was? @Oregon

  1381. Oregonon 29 Apr 2013 at 11:10 am

    WF, 3rd wave…wait for it…$600! I’m rich! Oh wait, it is missing a few zeros. :) oh well

  1382. BeautifulNJustUson 29 Apr 2013 at 11:12 am

    So very true @ Meek, just trust in God. Don’t give up, I’m not home to check my mail but anything is a blessing at this point. I did ask for a review but I didn’t have the paperwork to back everything up. I didn’t even expect this, my house did sell but because of the backruptcy, from what the shady bankruptcy lawyer told me, I didn’t have to pay anything back to WF from the house foreclosing. So I can make a fresh start, get my credit straight and try again at some point and time. I wish everyone the best of luck, this has had me obsessing the past week.

  1383. lakeon 29 Apr 2013 at 11:13 am

    Oh my- it seems that soooooo many BK protections are getting ignored. Mail not here yet and I AM BRACING myself, Deborah.

  1384. SteveTon 29 Apr 2013 at 11:18 am

    Check today $400…WF…Maryland. We fell under every category from bankruptcy, denied mod’s, hundred’s of phone calls to try and keep the house, denied re-fi’s…never even received final foreclosure paperwork. Don’t get your hopes up.

  1385. CWon 29 Apr 2013 at 11:18 am

    On the up side so far everyone received over 300$. I’m in this wave but I won’t get home til about Five to check the mail. 500$ can pay my phone, gas, and electric bill. Altogether! :)

  1386. Tomon 29 Apr 2013 at 11:22 am

    Just my prediction. Wave 3 will have more small checks then any of the waves.

  1387. Amberon 29 Apr 2013 at 11:23 am

    Called again today. Still no idea when I’ll be getting a check. So far nnot scheduled for the 4th wave. Today they said pymts will be going out through mid August, so who knows. CA JPMorgan Chase. Houses foreclosed on even though I was current on my trial mod pymts

  1388. Michelle- Louisiana/Cition 29 Apr 2013 at 11:24 am

    So as Nancy said DAMN THAT CHART: this is what some one else had posted

    This is just a GUESS Estimate! I worked on this over the weekend and posted on the Facebook page and thought I would post it here. Good luck to everyone receiving payments in the 3rd wave!

    Category 12 (Rescinded Borrowers that Requested a Review ONLY)…..450 Borrowers…..Total: $225,000
    Category 11 (Rescinded)…..4,899 Borrowers…..Total: $1,574,700
    Category 10 (Rescinded)….4,466 Borrowers….Total : $2,070,000
    Category 9 (Rescinded)….7,546 Borrowers…..Total: $9,085,000
    Category 8 (Rescinded & In Process)…..876,917….Total: $287,233,900
    Category 7 (Rescinded)….155 Borrowers….Total: $552,000
    Category 6 (Rescinded & Completed)……1,079 Borrowers….Total: $30,464,000
    Category 5 (Rescinded & Completed)….1,081 Borrowers…Total: $12,951,000
    Category 4 (Completed)…..5,838 Borrowers….Total: $206,281,250
    Category 3 (In Process, Rescinded & Completed)….679 Borrowers….Total: $10,125,000
    Category 2 (In Process & Completed)….424 Borrowers….Total: $127,200
    Category 1 (Rescinded & Completed)…..1,198 Borrowers….Total: $136,990,000

    Total Borrowers: 926,993
    Total Payout: $790,161,550

    This is the closest I could get to wave 3 total checks and payout that the OCC was reporting for wave 3. There is people on other websites and Facebook already reporting amounts received in today and they are fitting into some of the above categories.

    AGAIN……this is just a GUESS ESTIMATE

  1389. jenniferon 29 Apr 2013 at 11:25 am

    those who got checks from Chase….what are is the first initial of your last name

  1390. Michelle- Louisiana/Cition 29 Apr 2013 at 11:26 am

    Mail man just left no check yet

  1391. Jennyon 29 Apr 2013 at 11:26 am

    Just got my $300 from Wells Fargo today.

  1392. SteveTon 29 Apr 2013 at 11:29 am

    Qualifying for most of the categories, was expecting more than the lower amounts being given. Wishing everyone the best. Sad stories here and can’t say it has been easy for us. Grateful we were able to buy again last year after rebuilding our credit. Sorry to have lost our beautiful home though which sat for two years after we attempted in that time to modify, refi and buy it back. Went to auction at less than half the value. So sad.

  1393. Michelle- Louisiana/Cition 29 Apr 2013 at 11:35 am

    just read that Rust owns Citigroup

  1394. sandion 29 Apr 2013 at 11:35 am

    Updates for Litton and Saxon just got published for everyone that has been patiently waiting

  1395. Michelle- Louisiana/Cition 29 Apr 2013 at 11:38 am

    April 29, 2013 Update: Payments to 220,000 Borrowers Whose Mortgages Serviced by Goldman Sachs and Morgan Stanley to Begin on Friday, May 3
    Payment Agreement Details for Goldman Sachs and Morgan Stanley Borrowers (PDF)

    Payments to more than 220,000 borrowers whose mortgages were serviced by Goldman Sachs and Morgan Stanley are scheduled to begin on Friday, May 3 following an agreement announced earlier this year by the Federal Reserve Board. The agreement provides $247 million in direct payments to borrowers whose homes were at any stage of the foreclosure process in 2009 and 2010 with the former subsidiaries of Goldman Sachs (Litton Loan Servicing LP) and Morgan Stanley (Saxon Mortgage Services, Inc.). The payments stem from agreements reached earlier this year between 13 servicers and two agencies–the Office of the Comptroller of the Currency and the Federal Reserve. The agreements provide for a total of $3.6 billion in cash payments to 4.2 million borrowers.

    In most cases, borrowers will receive a letter with an enclosed check sent by the Paying Agent–Rust Consulting, Inc. Some borrowers may receive letters from Rust requesting additional information needed to process their payments. Previously, Rust sent postcards to borrowers notifying them of their eligibility to receive payment under the agreement.

    Borrowers can call Rust at 1-888-952-9105 to update their contact information, verify that they are covered by the agreement, or with further questions. Information provided to Rust will only be used for purposes related to the agreement

  1396. adminon 29 Apr 2013 at 11:38 am

    Hi all, we appreciate the outpourings we have received on this post. Unfortunately, the server is crashing due to too many comments. We have created a yahoo group for discussing this further. http://finance.groups.yahoo.com/group/foreclosure_woes/

    UprisingRadio staff