Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

by troysage on April 22, 2013

in National Foreclosures

Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

In an effort to help homeowners and as part of the Bank Settlement, another batch of checks are being prepared to be sent to homeowners.  This is great news for homeowners and borrowers that were foreclosed upon.  Meaning, you may have the opportunity to cash in on the banks that did not follow proper procedure.

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The Office of the Comptroller of the Currency (OCC) announced the second wave of payments resulting from the foreclosure settlement with federal regulators and 13 servicers was sent Friday.

The most recent batch of relief payments includes 1.4 million checks totaling $1.2 billion. So far, 2.8 million checks amounting to $2.4 billion have been sent.

The OCC also stated that as of April 18, 434,484 checks valuing $419 million have been cashed or deposited.

In January of this year, 13 servicers agreed to provide $3.6 billion in cash payments to borrowers and another $5.7 billion in mortgage assistance. The agreement replaces the Independent foreclosure Review, which was required after 14 servicers were handed consent orders for deficient servicing and foreclosure practices.

Borrowers who do have questions regarding payments should contact Rust Consulting, the paying agent, at 1-888-952-9105. The Fed revealed some early recipients had issues with cashing checks from the first batch sent April 12, but the Fed stated the problems had been corrected.

About 4.2 million borrowers should expect to receive a check, and 90 percent of the payments are scheduled for delivery by the end of this month.

Information provided by Troy Sage of TSS Realty Group and DSNews.com

Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group
Foreclosure Checks for Homeowners – Troy Sage of TSS Realty Group

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Post by Troy Sage

When the expression “Covering All Angles” comes to mind, we think of perceptive people who stand out from the crowd because of their foresight. By anticipation how any given scenario may play out they prepare a solid plan based on hard facts and respond by always providing their clients with a winning plan. Meet Troy Sage, a true original who enjoys being his own man and, constantly seeking new and innovative ways to improve the way he conducts his business and the people he serves. As a sought after real estate consultant for over 20 years, Troy utilizes many of the skills he developed in his musical career to grow his business. Attention to detail and his desire to excel, his determination to offer exceptional service while “Covering All Angles” keeps clients coming back time and time again. For Troy, client satisfaction has always been his prime concern. “By listening carefully to my client’s needs, I prepare a personal plan to ensure that they are kept well informed throughout the entire process in order to make sound decisions based on solid facts. Above all, it’s about the connection between my clients and myself. I work hard to personally nurture each relationship and am dedicated to helping my clients reach their real estate dreams,” Troy says smiling. The end result is that Troy has cultivated an enviable base of loyal clients who have spread the work to family and friends and who count on him for all their real estate needs. As an established trainer Troy works with new and seasoned real estate professionals teaching a variety of classes and techniques. Establishing a custom game plan for each professional and coaching others gives Troy a true sense of satisfaction and of sharing and growth. Troy is a Certified Distressed Property Expert (CDPE) and offers the most professional short sale facilitation and processing services available. Clients know that the short sale process can be a long and arduous task but left in Troy’s expert hands, they know that he will not only predict what problems might arise, but that he will have a proactive solution on how to best handle the situation. His positive attitude and calmness go a long way when dealing with the Banks, the Buyers, the Sellers, the Agents and Escrow. Troy not only keeps all sides well informed and up to date but is there to answer any questions that come up along the way.

Troy has written 196 articles.



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