How New York Homeowners Are Scoring Free Houses During Foreclosure Using New York’s Statute Of Limitations Law New York homeowners are using a legal tactic to score a free house during foreclosure. MFI-Miami and our partner law firms used to use a similar tactic in Florida. That was until the Florida Supreme Court stepped in
Queens Foreclosures Skyrocket In First Three Months of 2019 Queens Foreclosures Skyrocket! should be the headline of a recent report by Property Shark. Property Shark found that Queens is seeing a spike in foreclosures. Southeast Queens neighborhoods seem to be the hardest hit. PropertyShark recently released their Residential Foreclosure Report for Q1 2019. New York City
HUD Denies Lender Claims They Are Denying FHA Loans To DACA Dreamers FHA and HUD are denying claims they are denying government-insured loans to DACA Dreamers. HUD told HousingWire earlier this week that their policies have not changed in regard to mortgages to Deferred Action for Childhood Arrivals recipients. Yet, multiple lenders and mortgage industry participants
Two Deutsche Bank Traders Convicted For Manipulating LIBOR Index The federal government convicted two Deutsche Bank Traders in New York last week. The government accused the two traders from Deutsche Bank’s Pool Trading Desk of participating in a scheme to manipulate the London Interbank Offered Rate (LIBOR). The LIBOR Index is a critical global benchmark tied to
Former Deutsche Bank Traders Convicted In LIBOR Manipulation Scheme Read Post »
Nationstar Executive Edward Hyne Testifies Aurora Bank Policies Included Forging Note Endorsements Nationstar Executive Edward Hyne sat for a deposition in a bankruptcy case last month. Normally, this would not be a big deal. However, this time the Nationstar executive dropped a bombshell about the now-defunct Aurora Loan Servicing. He claimed in his deposition that Aurora doctored
Nationstar Executive Admits Aurora Bank Forged Note Endorsements Read Post »
