Selected Case Information

Welcome to the Fairbanks Settlement Web Site

 

Fairbanks Capital Corp. has paid $40 million to resolve FTC and HUD charges that it engaged in widespread loan servicing abuses. The settlement provided refunds to consumers whose loans were serviced by Fairbanks between January 1, 1999 and December 10, 2003. The deadline to submit claims was April 24, 2004.


We have completed mailing redress checks to borrowers who submitted timely Claim Forms.

For more information about the 2003 Fairbanks settlement and the FTC's August 2007 modified settlement with Fairbanks/SPS, please visit the FTC's Web site at the link below:


To view and print Frequently Asked Questions, please click on the link below.


Para ver e imprimir las preguntas mas frecuentes, por favor de hacer clic en la conexion de abajo.


To print the Notice of Class Action Settlement, please click on the link below.


For more information about us, the redress administrator, please visit our Web site at the link below:




[Note: All documents are in the .PDF format. To view the documents you will need the Adobe Acrobat Reader. Click on the icon below to download the Acrobat Reader.]

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