Oklahoma attorney general says mortgage notice is not junk mail

Attorney General Scott Pruitt said his office has received dozens of calls from people mistaking notices of a new mortgage settlement as a scam. Not so, he said.
by Richard Mize Published: April 3, 2013

“The mailer is one piece and sealed on three sides; it's small and white and looks a bit like a piece of junk mail that you'd throw away without opening. ... It's not junk mail. And for many folks that were involved in a loan modification, a short sale, or a foreclosure, it's an alert stating that ‘the check is in the mail' (in about eight more weeks),” AGBeat reported.

Call for details

Pruitt said people who receive the postcards should call the toll-free number on them — (888) 952-9105 — to determine their eligibility for foreclosure compensation. He said borrowers will not be required to waive any legal claims they may have against their servicer as a condition for receiving payment.

But, the attorney general said: Beware of anyone who requires a call to a different number than the one on the card or to pay a fee to receive a payment under the agreement.

by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
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Information

For more information, call (888) 952-9105 or go online to www.occ.gov/topics/consumer-protection/foreclosure-prevention/correcting-foreclosure-practices.html.

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