New York Local News

MFI-Miami examines the copies of homeowners’ loan documents from the closing, as well as the lender’s documents, the closing agent’s documents and the appraisal. Unlike our competitors, MFI-Miami looks for more than just HOEPA, RESPA and TILA violations. We search for violations of Article 12-D of New York Banking Law and NYSBD General Regulations Part 38, 39 and 41.   These laws were enacted to protect homeowners and are routinely disregarded by brokers and lenders.

Hey Andrew Cuomo, You Don’t Know What You Have Until It’s Gone!

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NY Consumers Lose Their Financial BFF With NYDFS Benjamin Lawsky's Departure ICYMI-Last week, John Wilen at Forbes wrote a great piece about New York State Department of Financial Services … [Read more...]

This FHA Foreclosure Defense Strategy Stops Lenders In Their Tracks

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Now An Ohio Legal Aid Firm Is Now Taking It To Another Level   Most attorneys have been arguing what I call the "Paragraph 22" argument for awhile and it refers to Paragraph 22 that appears in … [Read more...]

Bozo De Blasio Hires Convicted Mortgage Scammer As NYC’s Ebola Cleanup Czar

Sal Pane's mugshot from 2009 after being pulled over for drunk driving and claiming to be on the staff of the Nassau County DA's office

Sal Pane Served Time In Prison And Was Ordered To Pay Millions In Restitution When New York City needed someone to disinfect the apartment of Ebola patient, Dr. Craig Spencer, they found someone … [Read more...]

Under Pressure From The NYDFS, Ocwen Ends Forced Place Insurance Policy

Kevin Dugan, NY Post Billionaire Bill Erbey is starting to bend. Bowing to months of regulatory pressure, Altisource Portfolio Solutions — part of a web of Erbey-controlled companies with ties to … [Read more...]

Vito Corleone’s New York Mansion On The Market For $2.89 Million

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English Tudor Home On Staten Island Was Used In The Godfather The lucky person who ponies up the $2.89 million price tag for the sprawling mansion at 110 Longfellow Ave. on Emerson Hill in Staten … [Read more...]

NYDFS Director Lawsky Tells Governor Cuomo, “Take This Job An Shove it!”

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Homeowners' Voice In Albany To Resign In January The New York Daily News published a story on Monday stating that several key people in New York Governor Anderw Cuomo's administration will be … [Read more...]

Foreclosures To Increase With QE Ending And GOP Majority In The US Senate

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In case you missed it last week, the Federal Reserve's Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing and this could adversely affect the … [Read more...]

Could Fallout From The NYDFS Investigation Bankrupt OCWEN?

Mr. Monopoly broke

OCWEN Could Be In Serious Trouble If Other States Jump On NY's Investigation Bandwagon The backdated letter scandal that has rocked Ocwen Financial and caused it's stock to lose over 30% of it's … [Read more...]

How To File Complaints Against Sterling National Bank

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How To File Complaints Against Sterling National Bank With The FDIC & U.S. Treasury    Last week, I wrote an article about Sterling National Bank use of intimidation, mob style collection … [Read more...]

Should Sterling National Bank Be Re-Named “Soprano” National Bank?

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Intimidation, Liquidation Of Accounts, Mob Style Collection Tactics Are The Everyday Practices Of This "Community" Bank    But now the guy's gotta come up with Paulie's money every week, no … [Read more...]