Question: I’ve received a notice about a Servicemembers’ Civil Relief Act against me. What should I do? Answer: The Servicemembers’ Civil Relief Act (“SCRA”) is a federal law that provides certain protections for those in military service. For foreclosure, the SCRA generally more »
Last week, the U.S. House of Representatives passed a much needed one-year extension to the Mortgage Forgiveness Debt Relief Act of 2007. The Senate is expected to take up this measure soon and will hopefully have it passed by the end of more »
In a welcome turn of events, Fannie Mae/Freddie Mac have agreed to begin selling foreclosed properties back to former owners or third-party organizations at market value. Previously, these organizations has refused to consider these types of deals, leaving many former more »
A recent New York Times article reports that many loan servicers and lenders are increasingly pursuing deficiency judgments against former homeowners who have gone through foreclosure. A deficiency judgment is the amount a former homeowner owes following a foreclosure sale. more »
To the surprise of no one who is involved with the process of applying for loan modification, Ocwen–one of the country’s largest loan servicers–has been accused of “backdating” letters to borrowers about loan modifications. This, in effect, would have caused many eligible more »
Last week, Massachusetts U.S. District Judge Richard Stearns ruled against the Commonwealth of Massachusetts in its lawsuit against Fannie Mae and Freddie Mac. Earlier this year, Massachusetts brought this lawsuit against Fannie Mae and Freddie Mac to enforce a new law that prohibited more »
Yesterday, I received a letter for one of my client’s regarding her loan modification. This client had been fighting with her loan servicer for over two years to obtain a loan modification, despite having documented income and a clear interest in more »
Question: Do I need to hire a lawyer for a landlord/tenant case? Answer: As with all legal questions: it depends. In Massachusetts, a business entity (ex. corporation, limited liability company) must be represented by an attorney in court (except for more »
Homeowners who have questions about their mortgage loans or wish to dispute an error with their servicer have a useful tool at their disposal: a qualified written request (“QWR”). A QWR is a requirement for loan servicers under the Real more »
When a landlord rents an apartment, the landlord remains the owner of the property but grants possession of the premises to the tenant(s). In other words, even though a landlord is still the owner of the property, they no longer have unlimited more »
