Actor Stephen Baldwin faces foreclosure on his New York home as bank claims he blew off mortgage payments and owes more than $1million
- Deutsche Bank has asked the court that Stephen Baldwin and his family be ordered to vacate their Nyack, New York, home
- The bank accuses Baldwin of owing the bank more than $1million in years of unpaid mortgage dues
- The bank claims that the actor stopped paying his mortgage in 2011, and, at the time of the filing, still owed a total of $781,991.02 on the loan
- A lawsuit has been pending for years, with Baldwin never filing a response
- The bank went back to court on June 29 demanding the case move forward
- Deutsche Bank is pleading for the green light to begin the foreclosure process on the home
- It is also demanding that the actor be ordered to pay the current debt owed
Actor Stephen Baldwin and his wife Kennya could soon be kicked out of their New York home after being accused of owing the bank more than $1million in years of unpaid mortgage payments.
Deutsche Bank headed back to court last month to demand the actor and his family be ordered to vacate their Nyack, New York, home and allow a foreclosure on the property.
In 2013, Deutsche Bank filed a foreclosure lawsuit against the Baldwins, accusing them of defaulting on their loan by failing to make payments.
Baldwin took out an $812,500 loan to purchase the four-bedroom, four-bathroom, 3,071square-foot home in 2000.
The deal stated that the couple were to pay nearly $7,000 a month on the mortgage.
But the bank claimed that the actor stopped paying his mortgage in 2011, and, at the time of the filing, still owed a total of $781,991.02 on the loan.
The lawsuit has been pending for years, with Baldwin never filing a response to the allegations in the complaint.
But on June 29, the bank went back to court demanding the case move forward after Baldwin ignored the lawsuit completely.
Deutsche Bank is pleading for the green light to begin the foreclosure process on the home and is demanding that the actor be ordered to pay the current debt owed on the mortgage, which totals in at $1,097,644.33, plus interest.
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Sounds like mob racketeering.
If I was him I wouldn’t pay either. This bank is well known for stealing homes they had no legitimate rights to. They stole my house after fighting with them for years. Deutsche Bank are a bunch a crooks. All his lawyer needs to look into the Securities Exchange Commission and see exactly what didn’t or did transpired. I could guarantee Deutsche Bank don’t own it.
What I would like to know is , how can the Banks break Multiple categories of Law , be exposed for doing so , and walk away with a stolen home ? All done in a free society ???
@ mike Drouin:
1) The country no longer operates under the rule of law.
2) The country is no longer free.