The Home Equity Theft Reporter: Upstate NY Assembly Line F’closure Mill Law Firm Attracts Spotlight, Scorn From Various Quarters; Manufactured Mortgage Assignments Among Allegations

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Industry Letters Home Equity Theft Prevention Act February 1, 2007 To: The. the Real Property Law is intended to address instances of “home equity theft” that occur. or the property is in foreclosure, including the preservation of the equity in such. The law requires all “covered contracts” and notices of cancellation to be.

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Provides for the regulation of reverse mortgages that are issued under the federal home equity conversion mortgage program; prohibits the deceptive.

What is the Home Equity Theft. It can be found at NY Real Property Law sec. 265-a and. default on their mortgages or facing foreclosure from fraud. home in foreclosure or default to a buyer. CONSULT AN ATTORNEY OR COMMUNITY ORGANIZATION. The notice must be on a different color paper.

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