A properly recorded Homestead Declaration protects the declarant from losing a portion of his or her equity due to lawsuits that result in judgment liens being attached to their property. Who is eligible for a Homestead Declaration? All homeowners that reside in their home, and use it as their principal place of residence. What are …
Bank of America had this to say in a press release about the resubmission process of foreclosure affidavits:“We have reviewed our process for resubmission of foreclosure affidavits in the 23 judicial states with key stakeholders, including our largest investors. Accordingly, Bank of America today began the process of preparing foreclosure affidavits for submission in 102,000 …
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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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