AG reminding consumers of settlement deadline

JACKSON — Attorney General Jim Hood is reminding Mississippians that all claims applications covered by the National Mortgage Settlement are due Jan. 18.

The State of Mississippi joined 49 other states in a $25-billion joint state-federal mortgage servicing settlement with the nation’s five largest mortgage servicers over unacceptable mortgage servicing practices. Mississippi was awarded $47.1 million in relief for eligible homeowners.

The foreclosure payments provided under the national settlement affect borrowers who lost their home to foreclosure between Jan. 1, 2008 and Dec. 31, 2011. Impacted borrowers should have received a notice letter and claim form in late September through early October 2012.

Borrowers who have questions or need help filing their claim may contact the settlement administrator toll-free at 1-866-430-8358 or by email at administrator@nationalmortgagesettlement.com.

More information is available at www.nationalmortgagesettlement.com.