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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Foreclosure Fraud Still Happening

It has been 7 years since the record setting $25 billion agreement with the five largest mortgage servicers addressing foreclosure abuses, and yet, it was only this year, in a hearing at Brooklyn Borough Hall that residents and housing experts testified on deed theft, liens for minor unpaid bills, fraudulent documents and other foreclosure related…

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