The Justice Department has announced that under its settlements with five of the nation's largest mortgage servicers, 952 servicemembers and their co-borrowers are eligible to receive more than $123 million for non-judicial foreclosures that violated the Servicemembers Civil Relief Act (SCRA). Borrowers should use the following contact information for questions about SCRA payments under the National Mortgage Settlement: (1) Bank of America borrowers should call Rust Consulting, Inc., the settlement administrator, toll-free at 1-855-793-1370; (2) Citi borrowers should call Citi toll-free at 1-888-326-1166; (3) GMAC Mortgage borrowers should call Rust Consulting Inc. Toll-free at 1-866-708-0915; (4) JP Morgan Chase borrowers should call Chase toll-free at 1-877-469-0110; and (5) Wells Fargo borrowers should call the Wells Fargo Home Mortgage Military Customer Service Center toll free at 1-877-839-2359. Servicemembers and their dependents who believe that their SCRA rights have been violated should contact an Armed Forces Legal Assistance office.
For more on SCRA, visit the Military.com SCRA page.