Tag: queens foreclosure attorney

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New Foreclosure Notice Requirement

Foreclosure Notice Requirement The National Mortgage Settlement’s Pre-Foreclosure Notice Requirement for servicers Servicers must now provide the homeowner with a pre-foreclosure notice  at least fourteen (14) days before referring the case to a foreclosure attorney. *The notice must: Set forth facts supporting the Servicer’s or holder’s right to foreclose. Include an itemized summary setting forth […]


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Bank of America Reduces Mortgages!

Bank of America Reduces Mortgages by Forgiving a Portion of the Principal. For those of you who have not heard the breaking news, Bank of America has begun to forgive a portion of the principal on certain people’s mortgages. The NYT is reporting that “Bank of America has started sending letters to thousands of homeowners […]


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Foreclosure Settlement Conferences

Foreclosure Settlement Conferences What you should know about Foreclosure Settlement Conferences! Residential foreclosure defendants in New York are entitled to a preliminary foreclosure settlement conference that may enable a speedier and less expensive way of resolving their foreclosure issue than would otherwise be possible. The law requiring the conference – New York Civil Practice Law […]


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Foreclosure Defense and Loan Modification Increase

Foreclosure Defense and Loan Modifications Recently we have experienced an increase in the number of our clients receiving loan modifications.  These modifications are both HAMP and In-House, temporary and permanent.  The cause is unknown but for our clients, it doesn’t matter why.  They are just grateful that it is happening.  As the foreclosure world is […]


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Steven J. Baum to close

Steven J. Baum to Close It may have seemed inevitable to those directly involved in the foreclosure field, but it is still a surprise to hear.  According to a Buffalo Business First, the mega-firm of Steven J. Baum, P.C. is to close it’s doors: “The embattled Steven J. Baum P.C. law firm is the closing […]


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