On February 9, 2012, the Attorney General announced that the federal government and 49 states had reached a settlement agreement with the nation’s five largest mortgage servicers to address mortgage servicing, foreclosure, and bankruptcy abuses (the “National Mortgage Settlement”). On April 4, 2012, the United States District Court for the District of Columbia entered orders approving the settlement.
The National Mortgage Settlement is the largest consumer financial protection settlement in United States history. The National Mortgage Settlement settles certain state and federal investigations relating to mortgage servicing abuses including abuses in the bankruptcy process.
This site provides resources for homeowners in, or considering, bankruptcy as well as trustees who administer bankrupt estates. General information concerning the National Mortgage Settlement including settlement documents, general FAQs, and other important documents can be found at www.nationalmortgagesettlement.com.
Information available on this site should not be considered legal advice. The United States Trustee Program is prohibited from providing legal advice to private individuals.