Government Foreclosure Settlement Payments:

Independent Foreclosure Review Payment Agreement Claims

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Foreclosure Settlement Payments Search

Did you have a mortgage serviced by Bank of America, Citibank, EverBank, GMAC Mortgage, HSBC, JPMorgan Chase, Goldman Sachs, MetLife Bank, PNC, Morgan Stanley, Sovereign, SunTrust, U.S. Bank or Wells Fargo?

Under the government's Independent Foreclosure Review [IFR] program, borrowers who were in any stage of the foreclosure process in 2009 and 2010 were able to submit a request for review to determine if harm was done as a result of a faulty foreclosure action by these banks, and receive compensation if that was indeed the case.

In 2013, an agreement between these mortgage loan servicers and federal banking regulators ended IFR and replaced it with direct cash payments to homeowners. Now all borrowers - whether harmed by foreclosure or not - are entitled to receive a share of the $9.3 billion settlement. Cash Payments range from several hundred dollars up to $125,000.

Most of the 4.2 million eligible borrowers were sent a postcard notice notifying them of eligibility at the end of March 2013; however many of the addresses on file are not current.

As of mid-year 2015, approximately $300 million remains unclaimed, and efforts to locate eligible borrowers have been unsuccessful. If you believe you may be entitled to this compensation - if you received a check but failed to cash it - complete the form below for claims information.