Mortgage Payments: Not All Will be Forgiven

Amidst the voluntary isolations, business closings, telecommuting and other substantial changes we are undergoing as a society, many have been panicking about how to pay their bills and especially, how to pay their mortgage.  In the United States, FHA, Fannie Mae and Freddie Mac have ordered lenders to be flexible if workers have lost income. …

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Foreclosure Process in New York

New York Courts provide flow chart of the Foreclosure Process in New York. If you are in or facing foreclosure, Visit ForeclosureFights.com or call (888) 800-6030 to learn more about your options.

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NYC Foreclosure Rate Double 2014

The Foreclosure rate of New York City is more than double what it was in 2014.  NYC boasts some of the most expensive real estate in the world, ranked seventh of the top ten real estate markets, beating out London, Beijing and Paris according to Statista.  But New York City also has a foreclosure rate…

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New York Foreclosures Still Twice as Many as Five Years Ago

If you thought foreclosures were done, you’d be wrong.  NYC has some of the most expensive real estate in the United States.  It also has a foreclosure rate more than twice what it was in 2014.  The number of foreclosure filings peaked in 2017, but in 2019 it still lingered above normal levels, at 3,000…

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Hope for NY Foreclosure Victims

If you live in New York and are fighting foreclosure, there is hope.  New York is home to a lawyer with years of experience in foreclosure defense.  Attorney Michael K. Karlson knows the foreclosure process and he knows how to negotiate loan term changes that can be the difference between losing and saving your home…

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Facing Foreclosure? Get Representation.

If you are facing foreclosure, being home may be the hardest place to relax.  Hiring a foreclosure lawyer means you do not have to face the harassment of lender calls or eviction  threats alone.  Get connected to an experienced attorney in your jurisdiction. Be represented by a lawyer who knows the process and the best…

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Protecting your Home

Your home should be your shelter, especially today.  Is your home ownership at risk due to threat of foreclosure?  A mortgage note is a legally binding contract, but sometimes it needs to be renegotiated.  IF you have defaulted or face default on your mortgage because your income level has changed, or an unexpected expense put…

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What to do When Foreclosure Hits Home

If you are struggling with foreclosure, knowing how many others are dealing with foreclosure is irrelevant.  What matters is how you can survive foreclosure and protect your family’s home.  So how can you fight the bank with they want to take your home back?  You have options. You can surrender your home.  Call your lender…

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FHA Wants Changes in its Foreclosure Policies

FHA wants to revise its foreclosure policies, according to Dror Oppenheimer, senior advisor to assistant secretary for Housing-federal housing commissioner at HUD.  The Mortgage Bankers Association was recently invited to offer comments on the proposed changes through March 9, 2020.  Currently, a pre-foreclosure appraisal of the property was based only on exterior inspection.  This appraisal…

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