911 responder

OCWEN And Deutsche Bank Settle Legal Claims With 911 Responder With Health Issues

Another success for MFI-Miami as we stopped OCWEN and Deutsche Bank from taking the home of a 911 responder with Ocwen and Deutsche Bank settled all legal claims with MFI-Miami Client, James Campisi.

About two weeks ago, I wrote about how James Campisi was picking up trash in the Queens section of New York City for the New York City Sanitation Department (DSNY) on September 11, 2001, when he got the call for all crews to come back to the yard. The yard manager informed them two jumbo jets had just crashed into the World Trade Center

James Campisi and his crew of sanitation workers labored for endless hours looking for survivors. They then began cleaning the site after the search and rescue operations became a cleanup operation.

Years later, James got sick from his exposure to the toxins that permeated the air around Ground Zero. Campisi’s 2-unit home in Long Island went into foreclosure.

James Campisi Begins Getting Sick And GMAC Goes Into Bankruptcy

In 2005, James Campisi began suffering chest pains and having breathing problems from being a 911 responder. James’s ailments became so bad he was forced to go on disability. He soon learned he was not alone with these ailments. Hundreds of Ground Zero workers began showing signs of the same respiratory problems.

In 2006, James and his wife decided to refinance their multi-unit home because James was now on disability. They refinanced with the now-defunct GMAC. They hoped that the lower mortgage payment would help them put some extra cash in their pocket until they began receiving money from the 9/11 Victims Compensation Fund.

In 2008, James’ health began to deteriorate. He and Jenny thought things couldn’t get any worse. Then the financial crisis hit. GMAC sold their loan to a Mortgage-Backed Securities Trust controlled by Deutsche Bank named Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QS11. GMAC retained the servicing rights. Campisi’s mortgage issues soon became more complicated. GMAC would be put into government receivership. Soon their mortgage servicing division spun off and put into bankruptcy.

MFI-Miami uncovered that OCWEN acquired the servicing rights to the Campisi’s loan in GMAC’s bankruptcy liquidation. Right after this, the Campisis decided to try to contact OCWEN about lowering the payment with a modification in order to afford the specialized medication James needed for his respiratory problems caused from working at Ground Zero.

Well, after my article appeared on the MFI-Miami website two weeks ago, OCWEN and Deutsche Bank sent James Campisi’s attorney a modification agreement thus ending a 6-year legal battle.

 

 

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