Foreclosure

WBAI Interviews MFY on Foreclosure “Shadow Docket”

WBAI, a New York City public radio station, interviewed MFY Deputy Director Elise Brown and foreclosure Senior Staff Attorney Adam Cohen on “Talk Back,” on June 12, 2012, about MFY’s recently released report, Justice Unsettled, which describes the devastating impact of the “shadow docket” on the state’s distressed homeowners. Click here for a link to …

“Justice Unsettled:” MFY’s New Report Urges Action to Save Thousands of Homes in Foreclosure

Justice Unsettled: How the Foreclosure Shadow Docket and Discontinuances Prevent New Yorkers from Saving Their Homes re-examines foreclosure filings studied previously to find that the shadow docket continues to grow, and that thousands of homeowners in foreclosure cannot gain access to settlement conferences that can lead to affordable loan modifications. Thousands of New York Homeowners …

MFY to Continue Lawsuit Against Steven J. Baum, PC

MFY will continue its class action lawsuit against Steven J. Baum, PC despite the firm’s decision to close its doors. The suit charges that the firm engaged in unfair debt collection and deceptive practices in filing thousands of foreclosure lawsuits. MFY announced it will also monitor other firms’ compliance with rules requiring attorneys to attest …

Advocates Demand State Funding for Foreclosure Prevention

MFY Foreclosure Attorney Adam Cohen joined scores of advocates at a hearing today to demand continued funding for foreclosure defense and housing counseling for tens of thousands of homeowners who are in foreclosure or are delinquent on their loans.  Cohen warned that “Within the next few months, thousands of cases that have been sitting in …

JUSTICE DECEIVED: MFY’s New Report Unveils How Foreclosure Law Firms Subvert State Regulations and Harm Distressed Homeowners

Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners, released in conjunction with a class action lawsuit against Steven J. Baum P.C., found that large foreclosure law firms file foreclosure proceedings but fail to file the specialized Request for Judicial Intervention and Due Diligence Attestation, which would cause the cases to be assigned …

Foreclosure Prevention Funds Still Necessary

In the New York Law Journal, MFY Staff Attorney Elizabeth Lynch argues that a new wave of foreclosure filings will leave thousands of homeowners vulnerable to a system that favors banks unless the New York State legislature renews funding for foreclosure defense. Foreclosure Prevention Funds Still Necessary  

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