“The check has not yet arrived, but Szymoniak is already planning which charities to shower with her newfound wealth. She’s picked housing-related efforts, from We Soldier On, which helps homeless veterans become homeowners, to the Hole in the Roof Foundation, which provides funding to churches that shelter the homeless, to Operation Hope, a nonprofit devoted to financial literacy and economic empowerment.”
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Lynn Szymoniak, Foreclosure Activist, Says $18 Million Doesn’t Make Up For Homeowners’ Harms
The last four years have not been easy for Lynn Szymoniak. Since early 2008, she has waged a seemingly endless series of legal battles against some of the nation’s biggest banks in an effort to save her Palm Beach County, Fla., home from foreclosure. But Szymoniak is about to get some help — a check for $18 million for her role in uncovering evidence of massive bank fraud.
It’s a significant win for the foreclosure fraud activist, but in an interview with HuffPost, she emphasized that the settlement now does not undo the damage done to homeowners who were improperly evicted.
“It’s very satisfying to have recovered this money for the government,” Szymoniak said. “Would it have been more satisfying to have recovered it for homeowners? Possibly.”
Szymoniak’s own battle to save her home is one that very few homeowners in Florida ultimately win. Local courts are swamped with foreclosure cases, and judges are profoundly reluctant to rule against banks. In some “rocket docket” courts that specialize in foreclosures, judges issue judgments quite literally within seconds — and they almost never pose problems for Wall Street.
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TAKE THE MONEY & GET THE HELL OUT OF FLORIDA, THIS IS THE WORST STATE & JUDGES…
WE NEED GOOD FIGHTING ATTY.’S NOT ONES TAKING OUR MONIES ,DON’T SI GN ON &
SPLIT IT W/ THE JUDGES !!!!!
@ Margetta – Why would she leave Florida??? She’s set for life! Her house will be paid for; no matter what the fees she will have the dollars for it. Her worries are all over. She had the means to get an attorney in the first place; one that most of us do not. Just maybe, maybe, she will stick around and help others in the same situation pro bono. After all, it won’t be like she needs the income to survive!
God Bless you Lynn-you are my Super Hero ! dure you are weary-sure you have the cash to settle but it just might bring to light more problems. Will they guarantee a Clear Un-Clouded Title ? will they jsrk you areound more & jack up the fees again ? my pre-foreclosure I tried desperately to PAY OFF FULL AMOUNT.
After 4-5 months of runaround-just like trying a short sale or mod….they said I gave incorrect account #-not allowed access to “Investor Account” but they gave me that new number ! Finally got Atty. Plaintiff has never provided answers to Discovery or In Camera Inspection of “Trade Secret Documents” !
So Lynn-good luck with getting them to actually take your cash and getting a Satisfaction of Mortgage with a Clear Title. Thanks again for all your hard work.