Constituent Topic: Foreclosure

HUD’s Discriminatory Mortgage Sales Are Topic on BRIC-TV

In this video from BRIC-TV, Elizabeth Lynch, Supervising Attorney at MFY Legal Services, and David Quart, Deputy Commission of Strategy, Research and Communications at NYC’s Depaertment of Housing Preservation & Development speak on how homeowners with mortgages in private hands are more likely to be foreclosed, and why the homeowners most affected by HUD’s mortgage […]

African-American Homeowners Charge HUD with Discrimination

African-American homeowners whose government-guaranteed mortgages were auctioned by the U.S. Department of Housing & Urban Development (HUD) to the highest bidder filed a class action lawsuit on Friday in federal court, exposing the discriminatory impact of HUD’s Note Sale Program, compelling HUD to review the disparate racial impact of the Program and demanding that HUD […]

Zip Code Matters for Homeowners Trying to Fight Foreclosures

MFY Legal Services attorney Linda Jun is one of four primary authors of a report released today by New Yorkers for Responsible Lending that lays bare the consequences for homeowners of inconsistent court procedures on foreclosure in New York State. Divergent Paths: The Need for More Uniform Standards and Practices in New York State’s Residential […]

Advocates Troubled over Consolidation of Brooklyn Foreclosure Cases

Advocates voiced concerns over the decision to concentrate foreclosure cases with three judges in Brooklyn Supreme Court, instead of spreading them out among 27 judges as has been the practice. With close to 12,000 cases pending, advocates worry that judges will not be able to spend the time needed to properly analyze and adjudicate the […]

Homeowners Can Now Challenge Bank’s Failure to Negotiate in Good Faith

MFY attorney Chantal Hernandez won an important victory for homeowners in foreclosure with a decision by the Appellate Division, Second Judicial Department that holds that a bank’s failure to follow federal government regulations constitutes a failure to negotiate in good faith. The court also agreed that tolling of interest on the mortgage while the bank […]

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