From NYLJ: New York’s largest foreclosure law firm is fighting to overturn a state court requirement that it and other firms submit an affirmation vouching for the accuracy of documents they file for lenders. Supreme Court Justice Timothy J. Walker in Erie County held a hearing on Nov. 7 on…
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From USA Today: Foreclosure sales are moving so slowly in half the states that at the current pace, it will take more than eight years on average to clear the 2.1 million homes in foreclosure or with seriously delinquent mortgages, new research shows. That’s about twice as long as a…
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Foreclosure mill, Steve J. Baum, and its employees find homelessness and poverty funny. Steven J. Baum is the largest foreclosure mill firm in the state of New York, and represents Citigroup, JPMorgan Chase, Bank of America, and Wells Fargo, among other mortgage lenders. A former employee sent photos of the…
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From Reuters: The Federal Housing Finance Agency said it was scrapping a cap that prohibited borrowers whose mortgages exceeded 125 percent of their property’s value from refinancing loans backed by Fannie Mae and Freddie Mac under the government’s Home Affordable Refinance Program (HARP). It also took steps to coax homeowners…
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Move Your Money Project: The Move Your Money project is a nonprofit campaign that encourages individuals and institutions to divest from the nation’s largest Wall Street banks and move to local financial institutions. Little has changed to prevent another financial crisis or to end ‘Too Big To Fail,’ and with…
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No criminal charges have yet been filed. The U.S. is set to sue the top banks behind the ponzi scheme of selling worthless bundled securitized mortgages to investors. But where are the criminal charges for the fraud committed against ordinary home purchasers? Where are the criminal charges for the ongoing…
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From Take Back the Land: Catherine Lennon vs. Countrywide/Bank of America has been adjourned until September at the request of the Stephen J. Baum, the lawyer for Countrywide. On Tuesday August 16, NY State Supreme Court Judge Anne Marie Taddeo called off the controversial eviction of Catherine Lennon which was…
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Download flyer: PDF See also: Mary Lee Ward Gets Reprieve Eviction Defense for 82 Year-Old Eviction of Cathy Lennon Stayed (7)
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