It should come as no surprise that many homeowners are fighting foreclosure across the nation. Especially, in the New Jersey area and now ranked with the second highest foreclosure rate in the nation with one and every 410 homes in foreclosure status. Where to five-year estimates from the U.S. Census Bureau’s 2020 American Community Survey, 66.0% of…
New York has had one of the best foreclosure protection defenses across the country. Where tens of thousands or more homeowners have actually taken their mortgage lenders to court over foreclosure disputes and actually won. Allowing many homeowners to keep the possession of their property for many years without any threat of foreclosure. Seemingly to…
(This information is for informational purposes only and not legal advice). In New York, homeowners have protection to stop foreclosure. Under RPAPL §1304, a mortgage loan servicer is required to provide a 90-Day Notice prior to filing a foreclosure lawsuit. This could give the homeowner more time to work out a better solution than foreclosure…
More than 3.3. million U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute to a wave of foreclosures, most will be able to work with their lenders to either refinance their mortgage or sell to…
(For informational purposes only and not intended as legal advice or legal consulting.) This is how to stop a New York foreclosure by spotting errors. Once a homeowner spots errors that can void a foreclosure sale, then the homeowner can raise Standing. On December 23rd, 2019 the “New York Governor Andrew Cuomo” signed this new…
(For informational purposes only and not intended as legal advice or legal consulting.) Do you have a Clinton or Chelsea, 10019 zip code foreclosure lawsuit? If so this is now the highest concentration of foreclosures in Manhattan! Surprisingly, there were 20 first-time foreclosures last year in the 10019 zip code, which represented 13% of the…