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Foreclosure king’s unemployment mill

Foreclosure king’s unemployment mill


Not all is lost…you can still catch him in a rare court room appearance this coming Jan 24th @ 12pm in Poughkeepsie!

NYPost-

He’s a one-person, countywide economic disaster.

Steven J. Baum, whose Buffalo-area home-foreclosure mill is slated to close next month under pressure, could move the county unemployment rate up by nearly two-tenths of a percentage point all by himself.

Nearly 700 workers — just under 600 from Pillar Processing, a document processing firm he started years ago, and about 90 lawyers from his firm — will be out of a job when Baum’s firm shuts its doors.

The Baum-fueled pink slips could boost the jobless rate in Buffalo’s Erie County area to nearly 7.4 percent from 7.2 percent.

© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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‘Awful’ Florida Foreclosure Courts May Shut Down Due To GOP Budget Cuts

‘Awful’ Florida Foreclosure Courts May Shut Down Due To GOP Budget Cuts


HuffPO

In a turn of events that consumer advocates are celebrating, Florida’s infamous “rocket docket” foreclosure courts may be on the verge of extinction, thanks to state budget cuts.

According to a document obtained by The Huffington Post, Palm Beach County has already started cancelling foreclosure cases. “Because of the lack of funding from the Florida legislature, judges will be unable to preside over foreclosure trials beginning July 1, 2011,” the order reads.

[ipaper docId=55864180 access_key=key-weehckxz7vgc7a1pwna height=600 width=600 /]

© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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