New York | Chief Judge Announces New Foreclosure Court Part in State of Judiciary Speech

Chief judge announces new foreclosure court part in state of judiciary speech

ALBANY, N.Y., Feb 14 (Reuters) – A new court initiative will allow all New York homeowners facing foreclosure to obtain legal representation and streamline the process of settling mortgage disputes out of court, Chief Judge Jonathan Lippman said Tuesday during his annual State of the Judiciary speech.

The “unprecedented” deal between the state, legal service groups and four large banks — Wells Fargo, Citibank, Chase and Bank of America — includes the creation of a new court part that will hear only foreclosure settlement conferences, Lippman said. Each week of the month will be dedicated to a different bank, with one attorney assigned to handle all cases for that lender.

“There will be no more excuses, no more delays,” Lippman said. “Real negotiations will take place, and homeowners will leave the table with the best available offer.”

The court system, Lippman said, is seeking to avoid scenarios that can delay settlement conferences for years, including homeowners being told their paperwork is out-of-date and lawyers for banks claiming to have incomplete sets of documents.

The program will kick off in New York City, where non-profit legal service groups have agreed to represent all homeowners entering the settlement conference process. The new part will not launch for “at least a couple of months,” said Paul Lewis, who helps coordinate courts’ handling of foreclosure proceedings for the Office of Court Administration.

Last year, New York became the first state to require attorneys for lenders to verify the accuracy of all mortgage documents. The rule led to an immediate dip in the number of foreclosures filed in the state, but court officials recently warned of a continuing crisis that is depriving homeowners of their legal rights and overburdening the court system. More than 345,000 mortgages were delinquent or in default in New York in 2011, according to a report released last month by the Neighborhood Economic Development Advocacy Project

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4closureFraud.org

Comments
11 Responses to “New York | Chief Judge Announces New Foreclosure Court Part in State of Judiciary Speech”
  1. enoughalready says:

    The judge is trying to eliminate the joke that settlement conferences are in NY- bank lawyers who haven’t looked at the files before the conference, no power to accomplish anything, a waste of every single participants time. At least this effort *might* allow for some of these cases to have resolution- the rest can just rot in the system while the banks (to increasingly” with it” NY judges) continue to attempt via forgery and fraud to gain possession of the stolen goods. All states should follow NY’s lead. Judges in NY really are getting it, and getting pissed.

  2. MARGETTA LANGLOIS PRO.SE says:

    ACCORDING TO PASCO COUNTY ,FLA SHERIFF’S DEPT & FLA. JUDGES WE HAVE “NO” FRAUD” FORECLOSURES IN PASCO COUNTY ,FLA. HA HA HA

    IT ONLY EXISTS ALL OVER THE WORLD AIN’T THAT SOME “SHIT” NONE IN FLA 1!!!!

    AREN’T WE LUCKY ???

    FLA. IS THE MOST “CORRUPT” STATE HERE AROUND THIS THE “F–K ” U STATE “NO” NEWSPAAPER WILL TOUCH OUR ARTICLES ABOUT THE WONDERFUL JUDGES , SHERIFF’S , FORECLOSURES.

    WE ARE ALL VIOLATED OUR “PRO.SE’ CONSTUTUTIONAL CIVIL RIGHTS FOR “DUE-PROCESS” BY :”FORGERIES,” & “PERJURY” & “F-R-A-U-D” BY THESE GAF ATTY,’S

    W/ “NO” CLIENT IN REALISTIC ,BUT ON PAPER & STILL DO “N-O-T” EXIST…

    WE NEED OPEN” COURTS W/ “OPEN” T.V, S TO THE WORLD

    INSTEAD OF THESE SMALL “CLOSET” ROOMS W/ (5) CHAIRS , JUDGE, & IF YOURE SMART LIKE ME GET THE BASTARDS A.K.A. , CROOKED JUDGES ON TAPE

    W/ A COURT REPORTER THAT’S WHY I NEVER GO TO COURT W/OUT THEM….

    THAT.’S WHAT’S GONNA MAKE ME MY MONEY “MY BOOK.”

    LAST TIME I KNEW JUDGES “AIDING” & “ABETTING” FRAUD, “FORGERIES,” & “PERJURY” ( ISN’T THAT “CRIMINAL” LAST I KNEW IT IS..)

    ..
    INTERNAL AFFAIRS DON’T DO ANYTHING NEITHER WE ARE “F—-D”…

  3. Angelo says:

    @scarednearlystiff

    A lot of people might know this, but NY is both a judicial and non-judicial state

    • lvent says:

      They are ALL NAZI NON-JUDICIAL STATES…!!!!!..THATS THE DIRTY LITTLE SECRET OF THE STATE LEGISLATORS…THE CRIMINAL POLITICAL TRAITORS…!!!….IF THE BANKSTERS CAN COME TO COURT WITHOUT THE LEGAL ASSIGNMENT…AKA THE TRUST AGGREEMENT …..AND THE JUDGES ARE ALLOWING THAT CRIME TO OCCUR…..EVERY DAY……IN COURTROOMS ACROSS AMERICA….THEY ARE ALL SNEAKY FASCIST COMMIE NAZI NON-JUDICIAL STATES…..!!! MWAHAHA!!!! IMFL STATES THE BANK DOESNT NEED THE LEGAL ASSIGNMENT……AKA THE TRUST AGREEMENT….THE PROOF THAT ANY TRANSACTION EVER OCCURRED…TO BRING A FRAUDCLOSURE ACTION!! MWAHAHA…….!!!! OFF WITH THEIR HEADS….!!!!

    • kravitz says:

      The goal appears to be modifications over foreclosures. No ‘rocket docket’ vibe.

      “Each bank will assign a representative to the court part for the entire week, a represen- tative who has all the necessary paperwork and documentation, and, very importantly, who has full authority to negotiate mortgage modifications — a factor critical to achiev- ing positive outcomes.”

      Banks have been avoiding ways of keeping the homeowner in the home. Judge Lippman wants more of that.

  4. ChrisYAHanWatcher4YAH says:

    Likely A “NEW KANGAROO” Court/ circe/ Church of Satan; with a NEW Magistrate, [Magid Man god,] to: “RULE” over What RIGHTS, you have or DO NOT HAVE, what Evidences are “ACCEPTED,” [absent WET INK AUTOGRAPHS probably,] Whom will be” allowed” to: TESTIFY, or Whether the VICTIM, will be “ALLOWED” to Testify? And then after: This “EXTRA NEW CO$TLY” to Taxpayer$ Court;
    You will Still have to APPEAL Ad Infinitum; to Find a SCINTILLA of TRUE LAW or Justice! Another mere Legal Scheme, to Enrich Legal mercenarie$!

  5. proseway says:

    Who exactly will the homeowners be negotiating with? The investors/owner of their mortgage?, Their loan servicer? LPS or some other outsourced default management company? The foreclosure mill? Will HUD housing counselors and HUD attorneys be present to receive a paycheck for the day? There is fraud at every level and everyone has their own agenda. What a scam!!

  6. PJ says:

    North Carolina stand up and take note.

  7. talktotennessee says:

    Sounds a little like they are going to roll through the process. Not sure this is all to the advantage of the homeowner or another form of ‘rocket docket.’ The industry wants to get these foreclosures done and out of their hair. The real estate market is flat now. Can hardly wait until they dump all the new REOs they have “cleaned up title” on the market. They obviously will have to drop the price into the basement to market in cash to those investor purchasers from overseas. What this process may be designed to do is cleanse the cloud on the title.
    Yes, I am cynical and doubtful homeowners will gain any consideration regardless of how it is handled.
    Everyone including the government is ready to look the other way and “move on.” Funny the only voice of sanity is Fed Chairman Bernanke who has always said the housing market is not going to recover unless homeowners have help!
    Is he too mild mannered to be taken seriously? Obviously!

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