“Countless mortgage holders were deprived of surplus funds as a result of the collective failures by foreclosing banks, loan ...
Home lenders and their partners have been cheating New Yorkers by inflating what they owed on home equity loans that fell into foreclosure, according to lawsuits filed Thursday.
Nathan Berman’s firm allegedly defaulted on a $265 million senior loan backing the Financial District property in November.
The 90-day pre-foreclosure notice requirement remains a formidable, commonplace defense for defaulting borrowers. Even if ...
Blackstone filed a case against Joseph Sitt’s firm at 25-27 Mercer Street after an alleged default on a $10 million mortgage.
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