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Public Statements

Help for Homeowners

Floor Speech

By:
Date:
Location: Washington, DC

Ms. KAPTUR. Madam Speaker, my hope is that tonight we will do what is right for the Republic and pass a responsible measure dealing with spending and our debt. But there's another cliff tonight at midnight that should concern the millions of homeowners who have forgone their mortgage foreclosure reviews. They have a deadline of midnight tonight as reported by USA Today yesterday on the front page of the business section. It's important to millions of Americans who literally could receive up to $100,000 in compensation because of mistakes that were made by servicers in the processing of those loans.

So, I would like to tell people who might have had foreclosures facing their families in 2009 and 2010, they can call 888-952-9105 or go to the Web site IndependentForeclosureReview.com.

The Office of Comptroller of the Currency will help them review those mortgage foreclosures. Far too many Americans, millions, 4 million to be exact, have received these notices, but only a little over 300,000 have replied. Millions of people could have those mortgages reviewed and perhaps receive compensation and hang onto their houses.

Again, that phone number is 888-952-9105. Let's help the millions of Americans who have been harmed with their mortgages by irresponsible servicers.


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