Baum Foreclosure Firm Settles With New York for $4 MillionBloombergSteven J. Baum PC, the largest foreclosure law firm in New York until it shut down last year, reached a $4 million settlement with the state over abuses in its legal work. The firm and Pillar Processing LLC, a company that handled Baum's foreclosure …NY Firm [...]
Off-Grid Lynn Szymoniak, Foreclosure Activist, Says $18 Million Doesn't Make Up For …Huffington PostSince early 2008, she has waged a seemingly endless series of legal battles against some of the nation's biggest banks in an effort to save her Palm Beach County, Fla., home from foreclosure. But Szymoniak is about to get some help — [...]
$73.8 Million Awarded Through National Foreclosure Mitigation Counseling …Bradenton HeraldJust four months after the sixth round of National Foreclosure Mitigation Counseling (NFMC) Program funds were appropriated; communities across our country will be able to put the funds to immediate use. At a time when foreclosures continue to affect …and more » View full post on foreclosures [...]
Business Insider How This Foreclosure Victim Just Scored An $18 Million SettlementBusiness InsiderIt sure did for Lynn Szymoniak, a struggling homeowner who rose to national prominence by exposing a "robo-signing" scandal in which big banks forged documents to push through thousands of foreclosures. With Szymoniak's help, five banks eventually …Lynn Szymoniak, Foreclosure Victim, Receives $18 [...]
Bloomberg Bank Whistle-Blower Wins $18 Million Payday in Foreclosure DealBloombergSzymoniak, 63, is among six whistle-blowers who will pocket $46.5 million as part of a $25 billion national foreclosure settlement that state and federal officials reached in February with five banks, including Bank of America Corp. and JPMorgan Chase …Lynn Szymoniak, Foreclosure Victim, Receives $18 Million [...]
Bloomberg Foreclosure Whistleblower Wins $18 Million in Bank AccordBloombergSzymoniak, 63, is among six whistle-blowers who will pocket $46.5 million as part of a $25 billion national foreclosure settlement that state and federal officials reached in February with five banks, including Bank of America Corp. and JPMorgan Chase …Lynn Szymoniak, Foreclosure Victim, Receives $18 Million For [...]
Daily Beast BofA Among Banks in $25 Million Deal Over NY Mortgage CaseBusinessWeek(WFC) in February over their use of the mortgage registry known as MERS, accusing the lenders of deceiving homeowners and conducting improper foreclosures. The state's agreement with the three banks, as well as Citigroup Inc. (C) and Ally Financial …Big Banks Reach $25 [...]
New York Times Banks to pay $25 million to NY state over mortgage systemReutersAll five banks in February reached a settlement with 49 states and federal agencies to pay $25 billion to resolve government lawsuits over faulty foreclosures and the handling of requests for loan modification. In the New York settlement in February, …Bank Officials [...]
Cleveland News – Fox 8 Hendersonville Headlines: Million Dollar Foreclosures Rise as The Rich Walk Awaymy.hsj.orgAmerica's wealthiest families are losing their homes due to foreclosure at a very fast rate. A lot are voluntarily giving up their mansions. Over 36000 homes valued at $1 million or more were foreclosed on — or at least served [...]
Las Vegas analyst: Foreclosures in US could reach 10 millionLas Vegas Review – JournalBy Hubble Smith Home prices in Las Vegas will continue to slide for the next six months and recovery won't come until banks open up the spigot again on foreclosures, housing analyst Dennis Smith said Thursday in his annual housing outlook webinar.and [...]
