Tag: foreclosure proceedings

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NY A.G. reaches $4 Million Settlement With Steven J. Baum P.C.

Steven J. Baum P.C. Settles NY Attorney General Eric T. Schneiderman recently announced an agreement with New York Foreclosure Law Firm Steven J. Baum P.C., and Pillar Processing, LLC, which requires that they pay $4 million to the State of New York. $2 million of which will be used to assist homeowners facing foreclosure, or […]


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News: Man Gets Free house

We figured this would start happening sooner or later. So far this year we have been made aware of three (3) cases where the lenders actually “walked away.” The homeowners appear to have been left with a home without a mortgage on it (a free house). The following is from Jacksonville.com: Bank gives man foreclosed […]


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News: BOA to Resume Foreclosures

It appears, based on the following article, that BOA will be resuming foreclosure proceedings in NY and 22 other states. As we stated earlier, we doubt that foreclosures were ever really halted in NY (see our earlier post on NY foreclosures). Alan Zibel, AP Real Estate Writer WASHINGTON (AP) — The pace of U.S. home […]


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NY Attorney General Calls For Suspension of Foreclosures

The following article is from NY Attorney General Cuomo’s website. It calls for suspension of foreclosures by mortgage servicers engaged in “robo-signing” and offers sound advice to New York homeowners who are facing foreclosure proceedings. ATTORNEY GENERAL CUOMO EXPANDS PROBE OF NEW YORK FORECLOSURE ACTIONS Demands information from Bank of America, JP Morgan Chase, Wells […]


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News: BOA Halting Foreclosure Sales In All 50 States

The Wall Street Journal reports that Bank of America (BOA) is placing a moratorium on all “foreclosure sales” across the U.S. (see below). However, BOA hasn’t halted all foreclosure proceedings (see our earlier post Major Banks Halting Foreclosures in NY?). Additionally, it appears that a BOA spokesperson is implying that BOA’s completed foreclosures were proper. […]


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