New York Zombie Foreclosure Warning: An Army Of Bottom Feeding Lawyers Are On The March To Shake You Down!
MFI-Miami is issuing a New York Zombie Foreclosure Warning!
Armies of bottom-feeding lawyers armed with thousands of New York Zombie foreclosures coming! They are barging down the doors of courthouses across New York like Walmart shoppers on Black Friday hoping for free money for their clients.
This time around its not first lien holder seeking deficiency judgments. It’s the servicers for the second mortgage who have risen from the dead like a horde of zombie.
Homeowners who faced foreclosure in the wake of the 2008 financial crisis could be served at any time. It was assumed these lenders wrote off the debt or accepted short payoffs from the first lien holder.
Most foreclosure victims have moved on with their lives. They have also made their foreclosure a distant memory. They are now back to sipping their Pabst Blue Ribbons and enjoying the benefits of a robust economy.
JPMorgan Chase Alert! It’s More Than Likely JPMorgan Chase Can’t Validate Your Mortgage Debt Or Prove Standing To Foreclose On Your Old WaMu Loan!
MFI-Miami Has Issued A JPMorgan Chase Alert! JPMorgan Chase Inherited a Nightmare From WaMu
JPMorgan Chase acquired Washington Mutual’s mortgage assets in 2008. Little did they know that a decade later they would still be fighting costly foreclosure battles over them. These legal battles have become so costly for JPMorgan Chase they began selling the loans and the servicing rights at fire-sale prices.
JPMorgan Chase became so desperate to dump these mortgages, they are selling them in the middle of foreclosure litigation. I have already had this happen in five of my foreclosure cases involving old Washington Mutual loans.
The Legal Games Of JPMorgan Chase Lawyers
JPMorgan Chase lawyers have also purposely postponed trial dates just so they could sell the loan at top dollar.
Chase and their lawyers know most of these mortgages are unenforceable and are garbage. They have their lawyers file the foreclosure anyway under the assumption that homeowners and their lawyers are idiots. After all, most attorneys doing foreclosure defense are idiots. Foreclosure mill attorneys are also betting they can intimidate the judge.