
This completed Borrower Assistance Form and all required documentation must be sent to one of the following locations: Mail: Attn: Applications Fax: (312) 5094794 Email: applications fayservicing.com.
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How to fill out the Fay Servicing Borrower Assistance Form online
Completing the Fay Servicing Borrower Assistance Form online can help you access important assistance during times of hardship. This guide offers clear, step-by-step instructions to assist you with the process, ensuring that you provide all necessary information accurately.
Follow the steps to complete the form effectively.
- Press the ‘Get Form’ button to obtain the Fay Servicing Borrower Assistance Form and display it in your preferred online editor.
- Start by entering your loan number, which can typically be found on your monthly mortgage statement. Confirm whether the property is your primary residence by selecting 'Yes' or 'No'. If 'No,' indicate the current occupancy status.
- Indicate your intention regarding the property by choosing from the following options: 'Keep the Property,' 'Vacate the Property,' 'Sell the Property,' or 'Undecided.' If you plan to keep the property, specify how long you intend to do so.
- Fill in your contact information, including your name, Social Security Number, date of birth, phone number, and email address. Ensure you provide the email preference options so they can contact you as needed.
- In the property information section, provide estimated market value, occupancy status, and any relevant details such as listing dates or offers received. Include HOA or condo fee information if applicable.
- Next, proceed to the financial information section. Report all sources of income by entering figures for specified categories including wages, unemployment, and other benefits, along with household expenses and debt payments.
- Complete the hardship affidavit by detailing the nature of your hardship. Identify whether it is short-term, medium-term, or long-term, and provide a thorough explanation of your circumstances. Attach any necessary supporting documentation.
- Review all entered information for accuracy. Once confirmed, complete the necessary signatures for both the borrower and co-borrower, along with the date of submission.
- Save the completed form and accompanying documents. You may then proceed to download, print, or share the form as needed.
Complete your Fay Servicing Borrower Assistance Form online today to access vital assistance options.
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Get answers to your most pressing questions about US Legal Forms API.
Who regulates Fay servicing?
Fay Servicing, LLC | Consumer Financial Protection Bureau.
What is the lawsuit against Fay servicing?
The AG's Office alleges that Fay Servicing violated the Massachusetts Act Preventing Unlawful and Unnecessary Foreclosures, also known as “35B,” a law that requires mortgage servicers to make a good faith effort to help borrowers with unfair loan terms avoid foreclosure.
Is Fay servicing a debt collector?
Fay Servicing is a debt collections agency based in Chicago, IL. It appears as though there are a variety of different complaints against Fay Servicing alleging violations of the Fair Debt Collection Practices Act (FDCPA) including failing to remove paid off debt and failing to produce documentation of debt.
Who owns Fay servicing?
Ed Fay is the founder and chief executive officer of Chicago, Ill. -based Fay Servicing, a special servicer that manages distressed and at-risk residential mortgages for banking institutions and alternative real estate investors.
Does Fay servicing have an app?
Quick and easy and informative I found the app to be just what I needed. I'll use the app to figure how much I can save!
Does Fay servicing report to credit bureaus?
This program is designed to provide temporary relief for a short term hardship. During the forbearance period, we will not charge late fees nor report negative information to credit bureaus.
Who is the parent company of Fay servicing?
Fay is a wholly owned subsidiary of Fay Financial and was incorporated in 2008.
What is Fay loan servicing customer service number?
If you need these services, call Fay Servicing, LLC, at 1-800-495-7166.
How many employees does Fay servicing have?
Fay Servicing corporate office is located in 3000 Professional Dr Ste A, Springfield, Illinois, 62703, United States and has 945 employees.
How long has Fay servicing been in business?
Fay Servicing is a specialty mortgage servicer founded in 2008. They provide solutions to current and past due mortgages. Their headquarters are located in Chicago, Illinois.
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