Constituent Topic: Foreclosure

MFY Files Suit Against Foreclosure Scammer

MFY filed a groundbreaking lawsuit on behalf of a Queens homeowner who paid thousands of dollars in fees to a company that promised a loan modification and legal services but provided nothing. The New York Post describes the suit, the first of its kind filed in the city under the distressed property consultant law.

MFY’s Advocacy Leads to New Law Ending the Foreclosure “Shadow Docket”

MFY’s vigorous advocacy to end the foreclosure “shadow docket” led to a new law signed today by Governor Cuomo to end this abusive practice.  MFY’s 2011 report, Justice Deceived, showed how homeowners were prevented from getting loan modifications because lenders’ attorneys failed to file documents to move their cases to the settlement part. Read more.

ACLU Represents MFY in FOIA Appeal

MFY has retained the ACLU to represent it in an administrative FOIA appeal.  On April 24, 2013, the Consumer Financial Protection Bureau (CFPB) refused to disclose consumers’ complaints narratives and CFPB’s follow-up to the complaints under FOIA’s privacy exemption (Exemption 6) in response to MFY’s inquiry.  In its appeal, the ACLU has challenged such a [...]

MFY Urges City to Provide More Funding under CDBG for Sandy Victims

MFY and other organizations affiliated with the Center for New York City Neighborhoods signed on to  a letter urging the city to provide further assistance to address the legal needs of New Yorkers devastated by Superstorm Sandy as part of the city’s Action Plan for funding under the Community Development Block Grant.

MFY Demands Enforcement of National Mortgage Settlement

MFY joined more than 100 organizations in demanding that the Office of Mortgage Settlement Oversight enforce the national mortgage settlement’s servicing reforms and fair lending requirements and ensure transparency in banks’ reporting of consumer relief activities.