zombie homes

NYC Files Zombie Homes Lawsuit Against Banks

New York City Mayor de Blasio Has Discovered A Cure For The Zombie Homes Plague In NYC! It’s lawsuits! New York State has been plagued by zombie homes in the decade since the financial crisis. Zombie homes are abandoned foreclosed homes that are owned by banks and lenders. In 2016 New York State passed a […]

PHH Mortgage

NYDFS Slaps PHH Mortgage With $119,000 Fine For One Property

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 […]

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