What is the Monitor’s job under the Global Settlement Agreement?
The Monitor’s job is to publicly: (i) report quarterly on Goldman Sachs’ progress towards completion of the Consumer Relief portion of the Global Settlement Agreement; (ii) report on credits earned by Goldman Sachs; and (iii) determine and certify Goldman Sachs’ compliance with the terms of the Global Settlement Agreement.
Can the Monitor help me get relief under the Global Settlement Agreement?
The Monitor does not have the authority under the Global Settlement Agreement to intervene in individual cases. To find organizations that may be able to assist you, please click here.
How long does Goldman Sachs have to complete its efforts? Does Goldman Sachs have any incentive to provide the Consumer Relief early?
Goldman Sachs must complete all consumer relief obligations under the Global Settlement Agreement by January 31, 2021. Goldman Sachs is entitled to a 150% enhanced early incentive credit for first lien principal forgiveness offered or completed by November 30, 2016 (subject to restrictions outlined in the Global Settlement Agreement) and a 115% early incentive credit for all consumer relief activity offered or completed by June 30, 2017.
I want to read the Global Settlement Agreement. Where can I get a copy?
A copy of the Global Settlement Agreement is available here.
If I want to contact the Monitor, how can I reach him?
The Monitor can be reached via email at goldmansachsmonitor@mortgagesettlementmonitor.com.
What is Rushmore Loan Management Services, LLC?
Rushmore Loan Management Services, LLC is a mortgage servicing provider for Goldman Sachs. Mortgage servicing providers service mortgage loans that are originated or owned by other companies.
What is Shellpoint Mortgage Servicing?
Shellpoint Mortgage Servicing is a mortgage servicing provider for Goldman Sachs. Mortgage servicing providers service mortgage loans that are originated or owned by other companies.
What is Selene Finance?
Selene Finance is a mortgage servicing provider for Goldman Sachs. Mortgage servicing providers service mortgage loans that are originated or owned by other companies.
What is Specialized Loan Servicing, LLC?
Specialized Loan Servicing, LLC is a mortgage servicing provider for Goldman Sachs. Mortgage servicing providers service mortgage loans that are originated or owned by other companies.
What is Select Portfolio Servicing, Inc.?
Select Portfolio Servicing, Inc. is a mortgage servicing provider for Goldman Sachs. Mortgage servicing providers service mortgage loans that are originated or owned by other companies.
How can I find out who my mortgage servicing provider is?
- Your servicer is listed on your mortgage statement.
- Your servicer would be noted on other mortgage-related correspondence you may have received.
- If you received an IRS Form 1098 or 1099-C, your servicer would be listed as the payee.