Homeowners' fight against foreclosure ends with $264K bill

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Homeowners’ fight against foreclosure ends with $264K bill

Homeowners’ fight against foreclosure ends with $264K bill

NY POST-

The New York family that in 2009 became the national face of beating back “repugnant” and “repulsive” bank foreclosure practices after a judge ripped up the mortgage on their $525,000 ranch home, not only lost an appeal of the judge’s order — and eventually their home — but were also slapped with a $264,500 bill from the bank.

The bill was to cover the difference between what was owed on the mortgage and what the bank got when it sold their 3,400 square-foot home, court records show.

“That’s adding insult to injury,” Suffolk Judge Jeffrey Spinner said of the quarter-million-dollar-plus deficiency judgment.

Spinner, the judge who tossed Diana Yano-Horoski and Gregory Horoski’s $292,500 mortgage, with an interest rate of 12.375 percent, told The Post that in more than 17 years on the bench and thousands of cases, he has had only three requests for deficiency judgments.

 [NEW YORK POST]

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