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What do you get when you combine two popular rackets these days—identity theft and mortgage fraud? A totally new kind of crime: house stealing. Here’s how it generally works…
The New Yorker Hotel is locked in a court battle with a man it says is a shameless freeloader who scored a year rent-free under an obscure legal loophole — and then filed a phony deed to commandeer the entire Midtown building.
This legislation provides greater protections for owners of homes that are in default or foreclosure. It also strengthens laws regulating distressed property “consultants” who provide services to prevent property loss. It will go into effect immediately.