NY AG Eric Schneiderman Puts Up $1M to Defend Foreclosures

NYS AG puts up $1M to defend foreclosures

State Attorney General Eric Schneiderman has announced his office will fund $1 million in foreclosure prevention services to aid New Yorkers struggling through the foreclosure crisis.

Schneiderman issued a Request for Applications (RFA) seeking bids from non-profit legal services and legal aid organizations to provide direct legal services to homeowners in foreclosure or at imminent risk of foreclosure.

“As our state faces another tight budget year, we must be creative and aggressive in our efforts to support working families who are struggling to stay in their homes,” Schneiderman said in a release announcing the monies. “This funding will provide thousands of New Yorkers with the legal expertise they desperately need to defend their rights and avoid falling prey to unscrupulous mortgage servicers or foreclosure mill law firms filing fabricated or robosigned documents. My office will continue to use every tool available to us to protect homeowners and all vulnerable New Yorkers.”

The $1 million will come from unspent dollars from a 2006 settlement between the Attorney General’s Office and Ameriquest Mortgage, Co.

Rest here…

The guidelines for applying and the application will be posted in the New York State Contract Reporter, www.nyscr.org, and will also be available on the attorney general’s website, www.ag.ny.gov/bureaus/budget_fiscal/procurement.html, later this week.




4 Responses to “NY AG Eric Schneiderman Puts Up $1M to Defend Foreclosures”
  1. Listen, Countrywide and Bank of Destroying The American Dream might have already been paid back by several for loans from unidentified investors, multiple times, and by credit default swaps and insurance. It is a potential insurance fraud! Then they want the homeowner to pay them again! The simple fact is that our loans might have been concurrently sold into multiple Trusts at the same time, which would be equivalent to selling the same car over and over to several different people using a COPY of the pink slip or Title of the car. IT IS ILLEAGAL!
    Nevertheless, If there is a break in the chain of title: “An obligor is not obliged to pay the instrument if the person seeking enforcement of the instrument does not have rights of a holder in due course and the obligor proves that the instrument is a lost or stolen instrument.” – U.C.C. provision, U.C.C. §3-305(c)
    These bankers attitude reminds me of that song by George Harrison named “Piggies”.
    Look, I am not looking for a free house. I am looking for a free country! These banks should be held accountable by the homeowner according to the laws of our land. This is why everyone should have a Title and Securitization Search done. – http://piggybankblog.com/2011/12/30/break-in-chain-of-title/
    Join me in my fight America! Because divided we might have fell! But United We Must Stand!
    My name is John Wright AND I AM FIGHTING BACK!
    Read John’s Daily Blog at Piggybankblog.com on how to join this fight!
    John Wright

    • lvent says:

      Yes…they did all of that and more…..much, much more….they committed exponential collateral mortgage fraud…..fraud on steroids…….they did so much fraud we will probably never know the half of it…that is the result of no skin in the game…no regulations and corrupt politicians…traitors from within….!

  2. lvent says:

    AG Schneiderman…you are an american hero..! We need a lot more like you! The fraudclosures need to be halted indefinitely…..! The fraud is massive. And must be thoroughly investigated before they steal any more homes….! This is up to the state lawmakers……they passed over a thousand new laws collectively for the new year……but nothing to halt fraudclosures…..these politicians all need to be thrown out….from the top down..starting with the governors…..! All they do is tax us, take away our rights, and hand the multinationals our money…!

  3. LM says:

    He’s making some of the AG’s look like criminals themselves for not aggressively pursuing the massive fraud- what is it going to take for places like Colorado to wake up and help???

Leave a Reply