How To Use New York Foreclosure Protection Bill

Download or read book How To Use New York Foreclosure Protection Bill written by Kyle Ransom and published by . This book was released on 2020-02-18 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the best-seller author of Wall Street Mortgage Cancellation Secrets: What Smart Rich People Don't Tell and Big Banks Will Steal To Not Let You Know, comes a fast solution to help stop imminent foreclosure in New York. The foreclosure crisis was thought to be gone and over for 10 years until foreclosure-gate started visiting homes in NYC! The U.S. housing market took a serious beating between 2007 and 2010. Nearly 7.8 million homes were foreclosed on from 2007 - 2016, it was a scary time in history and known as the Great Recession. Kyle Ransom used his financial industry expertise and over 16 years of experience as a former mortgage broker to uncover mortgage securitization errors that are void. Having served as a U.S. Navy War Veteran under Top Secret Clearance, he quickly became aware that a large number of mortgage loan documents were missing necessary paperwork to foreclose on homeowners. Mortgage servicing companies hired Robo-signers to sign paperwork to conduct foreclosures without having personal knowledge and failing to verify or fact-checking documents. The state of New York has one of the highest mortgage delinquency and foreclosure rates in the United States, where the average foreclosure timeline is 1,103 days. As many as 1 in 21 homes are in foreclosure and another 1 in 10 are at risk of foreclosure status.New York Foreclosure Protection Bill is a Standing foreclosure defense that could stop mortgage lenders in their tracks.