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 as well to stop a sale.

If you have any legal questions or need help with a foreclosure action, please contact Attorney Scott Lanin at (212) 764-7250 x 201 or use the contact form in the right sidebar.

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 temporary restraining order as well to stop a sale.

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 York City; discontinue a mortgage foreclosure action; receive a judgment in a foreclosure action against residential property; or sell the foreclosed property. Here is the HPD site for more info.

I expect that foreclosure attorneys will now add the failure to do this as a defense in foreclosure actions.

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.

Can The Lender Voluntarily Dismiss A Robo Signing Doc Case And Then Sue To Foreclose With Different Documents?

The Florida Supreme Court is deciding a lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial liabilities in the state where they face the bulk of their foreclosure-fraud litigation. The court is deciding whether banks who used fraudulent documents to file foreclosure lawsuits can dismiss the cases and refile them later with different paperwork. Here is the article.

It’s Getting Harder To Get A Loan

Borrowers who have recently applied for a mortgage know how thorough lenders are now in documenting a person’s finances and ability to repay. Here is the Wall St. Journal’s article.