Dec 4, 2012 12:44 PM by Sarah Arevalo
TUCSON- If you were wrongfully harmed by foreclosure, you may be entitled to compensation, but you must take action before Dec. 31.
The Pima County Housing Center is working with "Don't Borrow Trouble Pima County"
and HUD-approved housing counseling agencies to help identify borrowers who were financially harmed as a result of servicer errors, misrepresentations, or other deficiencies during the foreclosure process, according to a news release from the county.
If your primary residence was involved in a foreclosure process between January 1, 2009,
and December 31, 2010, you may qualify for a free Independent Foreclosure Review, stated Pima County Housing Program Manager Betty Villegas.
The Independent Foreclosure Review will determine whether individual homeowners suffered financial injury and may receive compensation or other remedy due to errors or other problems they encountered while going through the home foreclosure process with their lender.
If you know anyone that has been affected, you can contact the Independent Foreclosure Review Hotline at 1-888-952-9105 from 6 a.m. to 8 p.m. (Tucson time) Monday through Friday and from 6 a.m. to 3 p.m. Saturday.
Learn more from the Federal Reserve Board at:
And the Office of the Comptroller of the Currency at: www.occ.gov/topics/consumerprotection/foreclosure-prevention/correcting-foreclosure-practices.html.
Inquiries can also be made at the Pima County Housing Center, located at 801 W. Congress, 624-2947, from 8 a.m. to 5 p.m. Monday through Friday, or by calling "Don't Borrow Trouble" at 792-3087.