CASH Program (Free tax prep)
Join us for our Celebration of Leadership event on November 19. Learn More!
CASH Program (Free tax prep)
Join us for our Celebration of Leadership event on November 19. Learn More!
Part 2 of a 4-part series. The Making Home Affordable (MHA) Program has become the standard for loss mitigation efforts for many large servicers. In part two of this series, we cover programs other than the traditional HAMP program, including FHA-HAMP, VA-HAMP, HAMP Unemployment Program, Second Lien Modification Program, and the Home Affordable Foreclosure Alternative […]
...On May 30, 2013, the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development announced an extension of the Home Affordable Modification Program (HAMP), which was set to expire on December 31, 2013. The program has now been extended through December 31, 2015. In doing so, the hope is that […]
...Part 1 of a 4-part series. The Making Home Affordable (MHA) Program has become the standard for loss mitigation efforts for many large servicers and the Homeowner Affordable Modification Program (HAMP). During this webinar, we review the application process, the NPV Test, the “waterfall” process used to modify loans, and what to expect after your […]
...This webinar includes an in-depth look at the path of a foreclosure in the New York state court system, as well as a review of the requirements of the settlement conference process. Webinar Resources: PowerPoint
...This webinar discusses how to use bankruptcy as a tool to help your client in foreclosure. Also discussed is an examination of the differences between Chapter 7 and Chapter 13 bankruptcy and how your client’s goals can be met with a bankruptcy. Webinar Resources: PowerPoint Bankruptcy, Mortgages and Reaffirmation
...This webinar provides a review of the National Mortgage Settlement servicing requirements, New York State servicing requirements and the escalations and complaints options available for violations. Webinar Resources: PowerPoint Complaint Form
...A report released by the Empire Justice Center shows that foreclosures continue to be widespread across Long Island, but that many communities, particularly communities of color, have disproportionate concentrations of foreclosures. The report uses detailed maps and analysis of foreclosure and lending data to pinpoint the hardest hit communities where policymakers and lenders need to […]
...PRESS RELEASE: Many Long Island Communities Face Long Term Impact of Foreclosures
...This webinar continues the discussion of the various ways in which bankruptcy can help clients keep their homes. We discuss a variety of issues related to pursuing both HAMP and bankruptcy remedies, the impact of reaffirmation agreements, stripping off underwater second liens, and the pros and cons of obtaining a loan modification before, during or […]
...This webinar explains how to use MFY Legal Services, Inc.’s FHA Waterfall Worksheet and HAMP & GSE Standard Modification Waterfall Worksheet. These Excel worksheets will perform the calculations necessary to help advocates determine whether a client is modification eligible. Once borrower and mortgage information is entered, the Worksheets run the modification waterfalls, displaying each step […]
...The Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac’s overseer, wrongly, and egregiously is attacking state consumer protection laws. The Agency published a proposal [http://www.fhfa.gov/webfiles/24525/NoticeStateLevelGfees_to_Fed_RegFINAL.pdf] in September with a comment period that ended this past Monday (Nov. 26th), in which Acting Director Edward DeMarco blames consumer protections for long delays in the foreclosure […]
...There has been much discussion about the lawsuit recently filed by New York’s Attorney General, Eric Schneiderman, against JP Morgan for fraudulent activities committed by Bear Stearns before JP Morgan acquired it in March 2008. For the record, Empire Justice Center is very supportive of these efforts and appreciative of the leadership role Attorney General […]
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