ALBANY, N.Y. ? Attorney General Eric Schneiderman says his office will use $1 million from a settlement to fund legal help for New York homeowners in foreclosure or facing an imminent threat.
The attorney general's office is seeking bids from non-profit legal services to provide thousands of homeowners with legal expertise to avoid falling prey to unscrupulous mortgage servicers or foreclosure mill law firms filing fabricated or "robo-signed" documents.
According to the office, an average of one in 10 mortgages is at risk of foreclosure statewide.
He says the money comes from New York's $22 million share of a 2006 settlement with Ameriquest Mortgage Co. after an investigation found predatory lending practices like misrepresenting mortgage terms, excessive origination fees and inflating appraisals.
gabby gabby marcel the shell with shoes on ecu john wooden mirror mirror tanuki
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.