TransUnion Credit Reporting Complaint

TransUnion Credit reporting department,

Incorrect information on credit report Account terms Georgia

Re : - - WRONGFUL FORECLOSURES - PROPERTY ADDRESS : - - - - GA. Ref : - - - The Federal government together with state attorneys general in - states and the District of Columbia reached a settlement in -/-/- requiring - - , -, to provide - in various forms of relief to certain borrowers. The United States District Court for the - entered the Consent Order on -/-/-. The consent order addresses - 's alleged misconduct regarding its mortgage servicing and foreclosure practices. - must also create a - - dollar fund for the approximately - - borrowers who were foreclosed upon between -/-/- and -/-/-. In addition, - must adhere to significant new homeowner protections. The consent order requires that - follow the servicing standards set up by the -/-/- National Mortgage Settlement ( NMS ) with the - largest banks. - 's compliance with this settlement will be monitored by the same professional monitoring team currently in charge of enforcing


- ( better known as " - - '' ). The loan had to have been serviced by - and the borrower must have applied for and started a HAMP trial with - by -/-/-. The borrower must also qualify for at least one Victim Compensation and Restitution Plan category. However, the borrower 's loan does not need to be currently serviced by -, and it does not matter whether the borrower entered into a HAMP or alternative modification, the HAMP application was denied, or the loan went into default or foreclosure. ( ) The loan servicer failed to adequately respond to a Qualified Written Request ( and an bona fide issue over whether there is a default or what amount was actually owed etc. ) ( 4 ) The lender or loan servicer ( agent of lender ) failed to follow the foreclosure rules ( ex. in regard to the notice of default / notice of sale / contact requirements under 2923.5 etc. ) ( 5 ) The default was " cured '' most likely due to a modification agreement / trial plan agreement etc. According to - This settlement resolves an investigation by the United States Department of Justice ( `` the Government '' ) into the administration of the Home Affordable Modification Program ( " HAMP '' ) by - - , - ( `` - '' ). The Government 's investigation confirmed, and - agreed, that there were numerous problems with - 's administration of HAMP from -/-/- through at least -/-/-. This included, statements to customers that were not accurate, and - homeowners who applied for a HAMP modification with - suffering harms that included damage to their credit scores, excessive capitalized interest, and being prevented from making an informed choice about saving or disposing of their homes. Congress enacted the Fair Housing Act of -/-/- in order to promote equal access to housing opportunities. The Fair Housing Act ( along with its amendments ) states that property owners, financial institutions, and landlords may not discriminate on the basis of race and national origin ( the Act also prohibits discrimination based on sex, religion, family status, -, and more ).