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Foreclosure

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$2M Scheme: 6 Steal Property Deeds, Obtain Fraudulent Loans In Hudson Valley, DA Says $2M Scheme: 6 Steal Property Deeds, Obtain Fraudulent Loans In Hudson Valley, DA Says
$2M Scheme: 6 Steal Property Deeds, Obtain Fraudulent Loans In Hudson Valley, DA Says Six people, including a licensed real estate broker and salesperson, and a corporation, have been charged with defrauding homeowners in Westchester and fraudulently obtaining $2 million in loans by stealing property deeds, DA officials said.  The six defendants involved in the scheme, including three Westchester residents and a Long Island man, were arrested and arraigned in late June for their role in a scheme that allegedly defrauded homeowners in Yonkers and New Rochelle, the Westchester County District Attorney's Office announced on Monday, July 3.  According to officials, the…

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by Ben Crnic
News
NY Man Who Hasn't Paid Mortgage In 23 Years Will Finally Be Evicted, Judge Rules NY Man Who Hasn't Paid Mortgage In 23 Years Will Finally Be Evicted, Judge Rules
NY Man Who Hasn't Paid Mortgage In 23 Years Will Finally Be Evicted, Judge Rules After missing mortgage payments for more than 23 years, a New York man is set to be evicted from his home after a new ruling from a judge.   A judge ruled that Long Island resident Guramrit Hanspal does not qualify for COVID-19 eviction protections because he has been illegally squatting in the Nassau County home and is not a renter, according to the Daily Mail. The real estate firm that owns the property has been trying to evict the 52-year-old.  The firm's attorney said the firm intends to "immediately" enforce the court's order, Daily Mail reported. Related - Nas…

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by Nicole Valinote
Lifestyle
Bergen 'Real Housewife' Slapped With Lawsuit In Wake Of Foreclosure Bergen 'Real Housewife' Slapped With Lawsuit In Wake Of Foreclosure
Bergen 'Real Housewife' Slapped With Lawsuit In Wake Of Foreclosure Months after her the bank foreclosed on her $1.125 million Englewood home, "Real Housewives of New Jersey" star was hit with a lawsuit -- another one. A Pennsylvania law firm is suing Margaret Josephs after she allegedly failed to pay a $3,568.73 bill for the work they completed during "matrimonial litigation" in 2015, Page Six reports. The firm -- Sunshine, Atkins, Minassian, Tafuri, D’Amoto & Beane -- says they sent Josephs a notice in December 2017, just as her house was being foreclosed on, but “the certified mail was returned ‘unclaimed’ and the regular mail was…

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by Cecilia Levine
Business
Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions
Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions Gov. Andrew Cuomo announced that the state's Community Restoration Fund has purchased 172 mortgages in an effort to bring owners in targeted communities out of foreclosure and keep the homes from abandonment.  According to this article in Daily Voice, foreclosures are at an 11-year high in New York state, while nationwide they are at an 11-year low.  The Community Restoration Fund has helped strengthen the financial position of homeowners, bringing stability back to the housing market in neighborhoods across the state, and preventing so-called "zombie properties," Cuomo said. Thi…

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by Jon Craig
Police & Fire
Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire
Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire MAHWAH, N.J. -- A 71-year-old Mahwah man was charged with torching his foreclosed house. Everett Nathaniel Johnson was being held in the Bergen County Jail Friday, charged with aggravated arson with the knowledge of "danger of death or bodily injury" in Thursday night's Marion Drive fire, records show. Mahwah police officers dispatched to the house on a welfare check saw Johnson near the garage holding a can of gasoline, Acting Bergen County Prosecutor Dennis Calo said. "Multiple points of fire" also were found in the 5:30 p.m. blaze, responders told Daily Voice. The l…

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by Jerry DeMarco
Police & Fire
Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire
Mahwah Homeowner, 71, Charged With Setting Foreclosure Fire MAHWAH, N.J. -- (UPDATE) A 71-year-old Mahwah man was charged with torching his foreclosed house. Everett Nathaniel Johnson was being held in the Bergen County Jail Friday, charged with aggravated arson with the knowledge of "danger of death or bodily injury" in Thursday night's Marion Drive fire, records show. Mahwah police officers dispatched to the house on a welfare check saw Johnson near the garage holding a can of gasoline, Acting Bergen County Prosecutor Dennis Calo said. "Multiple points of fire" also were found in the 5:30 p.m. blaze, responders told Daily Voic…

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by Jerry DeMarco
News
Landlords Illegally Occupied Property, Rockland County Says Landlords Illegally Occupied Property, Rockland County Says
Landlords Illegally Occupied Property, Rockland County Says ROCKLAND COUNTY, N.Y. -- Rockland County Executive Ed Day announced the county is suing two men who they allege illegally occupied and rented property that had been foreclosed.The county is suing Joseph Greenbaum and Elazer Dancziger for renting foreclosed apartments in New Hempstead that the county owned. "Their actions were not only illegal, they were outrageous," said Day. "It's a scam – like renting the Brooklyn Bridge. They represented that they owned a property that they did not own." In a complaint filed in Rockland County Supreme Court, the county is seeking to r…

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by Sam Barron