New York State Orders Mortgage Servicers To Give 90-Day COVID-19 Mortgage Relief To New York Homeowners Governor Andrew Cuomo and New York State orders lenders and mortgage servicers to step up their mortgage relief efforts. The New York Department of Financial Services demanded servicers let certain residents skip their mortgage payments for 90 days. Cuomo […]
NYDFS Squeezes $17 Million In Fines Out Of Nationstar aka Mr Cooper For Violating New York Finance Laws The New York Department of Financial Services has announced reached a $17 million settlement with Nationstar aka Mr Cooper. The NYDFS accused the lender of violating a plethora of NYS financial laws. Lending Website Housingwire stated: The settlement shouldn’t come […]
New Jersey And Other States Create State Level CFPB Agencies As A F*** You To Trump And Mulvaney Several states have announced they are launching state level CFPB agencies. This is in response to CFPB Acting Director Mick Mulvaney’s memo laying out his vision for the CFPB. The memo was obtained by investigative journalism nonprofit ProPublica. Mick Mulvaney […]
NYDFS Investigation Found PHH Mortgage Failed To Maintain Single Foreclosed Property New York has issued its first fine under its new Zombie Home Law. The lucky recipient is PHH Mortgage. The state of New York enacted the laws in 2016 to address the state’s issues with zombie homes. New York requires lenders and mortgage servicers to report […]
Are You Armed With The Right Weapons To Take On Bayview Loan Servicing? MFI-Miami has created a foreclosure defense team exclusively for Bayview Loan Servicing. The team’s focus will solely be on helping homeowners develop strategies to fight them! We are the only foreclosure and mortgage experts with the strength to successfully challenge Bayview Loan […]
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