Archive of posts tagged counsel

Counseling Improves Mortgage Payment Success

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If you or someone you know is having trouble paying each month’s mortgage payment, you may want to consider foreclosure prevention counseling. Data released by NeighborWorks American finds that a homeowner working with a housing counselor is nearly two times more likely to avoid foreclosure than those who don’t.  Counseled borrowers also tend to lower …

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New York Courts First to Institute New Foreclosure Filing Requirement

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The New York state court system has instituted a new filing requirement in residential foreclosure cases that officials say will “protect the integrity of the foreclosure process and prevent wrongful foreclosures.” Lenders’ counsel are now required to file an affirmation with the court certifying that they have reviewed and verified the accuracy of documents filed …

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