New York Zombie Foreclosure Warning: Second Lien Holders Are Coming!

New York Zombie Foreclosure Warning: An Army Of Bottom Feeding Lawyers Are On The March To Shake You Down!

new york zombie foreclosure

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.

Read more at MFI-Miami

New York Zombie Foreclosures! Fannie Mae Is Coming To Get You!

Fannie Mae Is Conjuring New York Zombie Foreclosures!

new york zombie foreclosures

New York zombie foreclosures are rising from their long-forgotten graves.

Surprisingly, it’s not servicers or New York lawyers leading the conjuring of these long-dead foreclosures. It’s taxpayer bailed out Fannie Maeand Freddie Mac doing it.

New York homeowners discovered they are now facing ramifications for defaulting on their Fannie Mae and Freddie Mac mortgages.

Fannie Mae and Freddie Mac are also pursuing deficiencies judgments on defaults going back to 2009.

Read more at MFI-Miami