Short Sale Nightmare
HORROR stories abound across Foreclosure Nation. But once in a while, a new one comes along to remind us just how dysfunctional our mortgage market is. Read more . . .
Entries by Scott Lanin
Living with a foreclosure threat: Single mom keeps faith
Living with a foreclosure threat: Single mom keeps faith Karen Simmons, 45, a single mother with of two sons from Teaneck, is one of the 3 million Americans whose homes are now in foreclosure. Read more . . .
Complaints Against Lenders
The NY Times has an interesting article about filing complaints against lenders. While it may make a homeowner feel better to vent, I doubt that this will help them get a loan modification or defend a foreclosure action. An experienced attorney will have a much better chance of success than a complaint filed with the […]
Mortgage Registry Muddles Foreclosures
The NY Times is reporting on another messy MERS case. Here is the story.
Success! Lanin Law P.C. Obtains Another 2% HAMP Mortgage Loan Modification
For those who may be curious about what a loan mod actually looks like once it is approved, here is an agreement we worked out for one of our clients with Chase to save his home and reduce his mortgage payments and interest rate. This is redacted to maintain confidentiality. If you have any legal questions or […]
Success! Lanin Law P.C. Obtains Another 2% HAMP Mortgage Loan Modification
For those who may be curious about what a loan mod actually looks like once it is approved, here is an agreement we worked out for one of our clients with Chase to save his home and reduce his mortgage payments and interest rate. This is redacted to maintain confidentiality.
Success! Lanin Law P.C. Obtains Dismissal Of Aurora Loan Services Foreclosure Action In Bronx Supreme Court
My firm recently obtained an order dismissing an action by Aurora Loan Services LLC from the Bronx Supreme Court. Here is a copy of the Court’s order. The Court accepted the arguments we raised in an order to show cause that the lender had breached a forbearance agreement. We had initially obtained a temporary restraining order […]
Success! Lanin Law P.C. Obtains Dismissal Of Aurora Loan Services Foreclosure Action In Bronx Supreme Court
My firm recently obtained an order dismissing a foreclosure action by Aurora Loan Services LLC from the Bronx Supreme Court. Here is a copy of the Court’s order . The Court accepted the arguments we raised in an order to show cause that the lender had breached a forbearance agreement. We had initially obtained a […]
Mortgage Lenders Must Notify HPD Of Residential Foreclosures In NYC Now
Foreclosure Notification: Local Law 4 of 2012 The New York City Council recently enacted legislation (Local Law 4 of 2012) requiring mortgagees (i.e., lenders) to notify the Department of Housing Preservation and Development (HPD) within fifteen days when they do any of the following: commence a mortgage foreclosure action against any residential property in New […]
BofA Tries Home Rental Program
Unable to qualify for modifications on Bank of America mortgages, a few of California’s most distressed homeowners are being offered one last chance to stay in their homes: Become renters instead. Read about it here.