Foreclosure review program ending soon

A deadline is approaching for those who have suffered financially during foreclosure.

If your home was involved in foreclosure between January of 2009 and December 2010, you could be eligible for compensation. But U.S. Sen. Bob Casey of Pennsylvania says a settlement with 27 banks and mortgage servicers has a finite end point for review.

“Nearly 95,000 people in our state we approached to participate in the program and only 4,396 households have requested a review,” Casey said Thursday.

The deadline to submit forms for review is Sept. 30. Casey says the paperwork will be reviewed even if you do not own the home anymore.

“Even if you are out of your home and have moved on beyond the foreclosure process, if there is a review and financial injury is the determination, you would be eligible for financial compensation or a remedy of some kind,” he said.

To see if you qualify, go to www.independentforeclosurereview.com or call 888-952-9105.

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