CHICAGO, IL -- (Marketwire) -- 11/03/11 -- Federal regulators are improving homeowner protection by implementing an innovative complaint procedure for borrowers facing foreclosure. This new process will provide mortgagors who have been affected by errors in the foreclosure process with the opportunity to have their cases reviewed by independent consultants.
This process will be organized by the Office of the Comptroller of Currency, allowing any borrower to voice their concerns if their primary residence fell into foreclosure between January 2009 and December 2010. The Mortgage Law Group, a leading law firm specializing in consumer protection for mortgagers, wants the public to know they are here to help homeowners who want to take advantage of these new complaint procedures.
"It is an estimated 4.5 million homeowners who have faced foreclosure between those periods of time that could be eligible for reviewing by an independent consultant to ensure they were provided under the law," said Colin Banyon, The Mortgage Law Group's foreclosure defense attorney. "The Mortgage Law Group can help borrowers fight for their rights and challenge banks by submitting these complaints through the OCC. Our experienced lawyers will ensure you receive all the protections guaranteed under the law."
This nationwide foreclosure defense firm is taking a stand in support of borrowers as this new procedure goes into effect. The Mortgage Law Group's mission is to help hard working Americans save their homes and get their lives back to normal.
For more information, visit www.themortgagelawgroup.com.
About The Mortgage Law Group:
The Mortgage Law Group is one of the most sophisticated consumer protection law firms nationwide. They've helped thousands of consumers save their homes and restore their lives. With offices located throughout the country, the firm's goal is to deliver outstanding service from highly qualified mortgage relief attorneys.