Attorneys-at-Law
301 Old Tarrytown Road
White Plains, NY 10603
ph: 914-686-0558
fax: 914-686-2516
alt: 845-225-6600
astreisf
Many of us are very familiar with the concept that borrowers were urged and assisted in the last decade to mortgage homes in purchases or refinances under circumstances where unscrupulous lenders knew the homeowner(s) could not pay or sustain payments under that loan before the loan was ever closed. The lending industry, of course, over time then had to deal with the “melt down” that resulted from those practices.
Now, a different level of predatory behavior is taking place in the later stages of that phenomenon; during the foreclosure proceedings themselves. Many lenders assume that the vast majority of homeowners going through foreclosure have no capability to retain or recruit a capable law firm to filter out additional claims for reimbursement or collection of sums due under the mortgage being foreclosed, a huge waive of deceptive and outrightly frivolous claims are finding their way into the enforcement of mortgages against people’s homes. Interest claimed without lender entitlement, expenses such as taxes, homeowner’s insurance premiums, “inspection” fees, trumped up foreclosing attorney’s fees and the like are being thrown into the allegations of what is due under the mortgage. Without proper representation, many of these items are going undetected, the net result being that they are eating into what may remain as equity that the homeowner(s) may be entitled to after a foreclosure sale.
Other false practices are showing their ugly heads as well. Foreclosing a mortgage that a “lender” or investor may not legally own, conflicts of interest of bank attorneys who may represent more than one lender in the chain of ownership when a lender sells a mortgage loan to another either before or during a foreclosure, defects in the execution and recording of mortgage documents and other occurrences are not being challenged successfully in manycourtrooms around the state and across the country. The raising of such issues has frequently resulted in the dismissal of foreclosure actions without a bank being allowed to “re-start” the lawsuit, heavy penalties being charged against banks to be paid to homeowners, and legal fees being awarded to the victims of banks.
Arnold R. Streisfeld, P.C. is a firm that has prominently emerged in this battleground. We take on the position of successfully asserting the legal rights of people suffering mortgage foreclosure fraud during these troubled times. We welcome questions and inquiries regarding abuses in the mortgage foreclosure arena and would appreciate the opportunity to review any case where it is believed that yet another lender and/or their attorneys have overstepped their legal and/or ethical boundaries. Please contact us for a consultation if you feel or know of someone that may be the victim of such predatory behavior.
Challenge the validity of a lender's position in a foreclosure! It has been suggested by leading authorities that at least 80% of current mortgage foreclosures can be successfully defended against or dismissed.
Call ARNOLD R. STREISFELD, P.C. for a consultation today! (914)686-0558 or (845)225-6600
Copyright 2016 Arnold R. Streisfeld, P.C.. All rights reserved.
301 Old Tarrytown Road
White Plains, NY 10603
ph: 914-686-0558
fax: 914-686-2516
alt: 845-225-6600
astreisf