Sentences with phrase «foreclosure action»

This letter will be a notice of foreclosure action (the first one was a notice of default).

Stop foreclosure actions on their home and allow them an opportunity to catch up on missed payments.

Every years, thousands of homes are saved from foreclosure action because of Chapter 13 bankruptcy protection.

A few hundred new loans at a time when there are thousands of new foreclosure actions every week is just about worthless.

These attorneys were skilled and delaying bank foreclosure actions during which time the homeowner occupied their home without making mortgage payments.

Lenders will frequently accept this because it is a less expensive and time consuming process for him than a full foreclosure action.

Often, short sales are finalized on properties that are the subject of a pending foreclosure action.

U.S. Housing and Urban Development Secretary Shaun Donovan, who serves as President Obama's Chairman of the Hurricane Sandy Rebuilding Task Force, and Federal Housing Finance Agency Acting Director Edward J. DeMarco recently announced that the Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac will extend expiring protections against foreclosure actions against homeowners whose properties were damaged or destroyed due to Hurricane Sandy.

We have set records in foreclosure actions filed in our courthouses, and we've made other infamous records in the amount of mortgage fraud and foreclosure fraud (robosigning, etc.) undertaken by banks and mortgage lenders.

For example, she defended a mortgage foreclosure action against a 60 - year - old grandmother who was the head of a household consisting of her daughter, her intellectually disabled adult son and two grandchildren.

The new deadline, July 31, 2012, provides an additional three months for borrowers to request a review if they believe they suffered financial injury as a result of errors in foreclosure actions on their homes in 2009 or 2010 by one of the servicers covered by enforcement actions issued in April 2011.

WHITE PLAINS, NY — «The alarming increase injudgments recorded in Westchester County in 2015 is indicative of a foreclosure crisis that continues to linger,» reported Westchester County Clerk Timothy C. Idoni who serves as Clerk of the Westchester County Supreme Court where foreclosure actions are heard.

With your home at risk of foreclosure action if you fail to repay the debt, make sure you can cover the monthly payments and how much they can increase if the rate can vary.

Essentially, this is when the lender says: «The mortgage loan is still in default, so as a result of that we are initiating foreclosure actions.

He has represented special servicers appointed under securitized real estate loan transactions in judicial foreclosure actions, in post-default loan modifications / forbearance agreements, and in numerous single and multiple asset Chapter 11 bankruptcy cases.

Because state laws closely regulate mortgage lender foreclosure actions, foreclosure on a timeshare can become a time consuming and expensive process for the mortgage lender.

The companies claimed they would renegotiate the terms of their mortgages and stop foreclosure actions, or the homeowners would get their money back.

At the same time, there is evidence that lenders are actually slowing down the foreclosure process, and in some cases, seeking court orders to cancel foreclosure actions in the middle of the process.

And that money will enable the county to pursue foreclosure action against more delinquent property tax payers, overall, than it has in the past 15 years.

The county restarted foreclosure actions against suburban properties in 2012 by hiring an outside law firm to do that work.

Your creditors will be notified of the stay, so any wage garnishments or foreclosure actions also will stop.

Ultimately, an officer of the company must sign off on the final foreclosure action, certifying the company has followed all required guidelines.

Attorney's fees are taxed as costs in a lien foreclosure action.

He represents clients concerning large, complex commercial foreclosure actions, title encumbrances and other legal disputes both in and out of court.

One of Annino's primary clients was a large mortgage bank, and thus he was handling a large number of fairly routine foreclosure actions.

Today, RealtyTrac is making the national news again with its report that the State of Florida has more than twice the number of foreclosure actions as any other state in the country.

Florida homeowners considering short sales, Floridians with underwater mortgages, and Florida defendants facing foreclosure actions should be aware of this new court case.

There had been a prior foreclosure action filed by the lender but it was dismissed without prejudice (meaning the bank could re-file the foreclosure lawsuit) in February 2011.

However, these may be more beneficial in the long run for the borrower than an official foreclosure action because it has less of a long - term impact on their credit history (the bank may also waive any deficiency against the borrower).

The share of loans on which foreclosure actions were started in the first quarter was 0.45 percent, the same as a year earlier, and the historical average, according to Joel Kan, vice president of surveys and forecasting for the Washington - based bankers group.

The Office of the Westchester County Clerk reported two thousand one hundred twenty five (2,125) foreclosure actions filed between January 1st and December 31st.

New York AB 1310 / SB 3261 Provides for free legal representation in certain mortgage foreclosure actions where the homeowner is financially unable to obtain counsel.

In most cases the length of the plan will not exceed 18 months and will stipulate commencement of foreclosure action if you default on the agreement.

A prominent developer in Rochester is facing a $ 38 million foreclosure action on a student housing complex.

«The big increase in new foreclosure actions may be a signal that lenders are starting to push through some of the foreclosures delayed by robo - signing and other documentation problems.

We have tried virtually every type of banking dispute, including lender - liability actions, suits by loan participants, actions arising out of letters of credit and other forms of commercial paper, commercial and residential foreclosure actions and loan fraud matters.

Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on property requests a court - supervised sale of the property to cover the unpaid balance of a delinquent debt.

The bank's attorneys said the latest defenses by the Kelleys are «purely an effort to delay and thwart the plaintiff's foreclosure action.»

Another component of the Neighborhood Foreclosure A.L.E.R.T Program is to alert homeowners of any foreclosure action filed against their property and to notify the owner of the Residential Foreclosure Actions Consumer Bill of Rights, part of the 2016 NY Foreclosure Relief Act, co-sponsored by Clerk Kearns as a NYS Assemblyman.

A source familiar with the resignation said Troiano's history of tax liens and foreclosure actions «played a very big role» in his departure.

Using the A.L.E.R.T program, notification of a lis penden filing will be made available to municipalities, alerting them that a foreclosure action has commenced in their community.

Further blurring the lines, Steve Perry's Hartford lawyer has recently become Kenneth Moales» attorney as Moales tries to fight off a foreclosure action that seeks to take his church, home and cars for his failure to pay his mortgages.

Concern over the amount of such damages and the potential impact of a borrower claim on a foreclosure action has caused some lenders and purchasers to restrict their loan purchases to loans that are conclusively presumed to satisfy the ATR requirements.

Just as they apply to other real estate property ownership interests, warranty deeds, mortgages, mortgage foreclosure actions, and deeds in lieu of foreclosure also apply to timeshares.

For example, if a homeowner is unable to make her mortgage payments, the lender can take the home in a foreclosure action.