New York State Buying 400 Mortgages With Plans To Modify Loan Terms For Struggling Homeowners New York State is buying the mortgages of 400 homeowners facing foreclosure. Homeowners will get a chance for relief under the state’s $7.6 million Community Restoration Fund. Local nonprofits will also work with the borrowers on modifying mortgage amounts. In […]
Secret United Monroe Kiryas Joel Deal Creates Mass Exodus As Monroe Home Values Continue To Plummet The secret United Monroe Kiryas Joel deal appears to be causing panic among Monroe homeowners. Residential real estate sales have decreased 50% in Monroe since the proposed settlement was announced. Home values have also dropped an additional 20% since […]
The United Monroe Kiryas Joel Deal Will Bankrupt The Town Of Monroe There is one serious issue that could sink the United Monroe Kiryas Joel deal to split the Town of Monroe. It’s about the loss of tax revenue and how those losses could bankrupt the Town of Monroe. Residents and Town officials are extremely […]
Elderly Black Man Locked Out Of His Home By Specialized Loan Servicing During Foreclosure Fight. Specialized Loan Servicing aka SLS has been trying unsuccessfully to foreclose on frail 87-year-old Thomas Brown. Brown’s foreclosure litigation has dragged out for nearly two years. Yet, that didn’t stop SLS from locking the elderly black man out of his […]
Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What […]
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