Nearly 67,000 Nevada borrowers who lost homes to foreclosure after the financial crisis may qualify for foreclosure relief funds, Nevada Attorney General Catherine Cortez-Masto said Monday.
Those who qualify would have lost homes between the dates of Jan. 1, 2008 and Dec. 31, 2011.
Masto mailed letters to those who may qualify as part of her state’s ongoing effort to use funds from the national foreclosure settlement to assist borrowers in the state.
Those who may qualify would have experienced foreclosures on Ally/GMAC, Bank of America (BAC), Citi (C), JPMorgan Chase (JPM) and Wells Fargo & Co. (WFC) loans.
“I encourage eligible Nevadans to fill out their claim forms as soon as possible and remember that the process to apply is free,” said Masto.”You can receive free assistance and avoid falling victim to scams by visiting a U.S. Housing and Urban Development approved counseling agency. These trained professionals have been instructed on how to detect scams.”
The Ohio Attorney General took a similar measure this week, mailing letters to 65,000 borrowers who may qualify for payouts from the $25 billion mortgage servicing settlement that state AGs cut with the big banks. About $1.5 billion was set aside to help those hurt by wrongful or mishandled foreclosures.
