My name is Alex Knipenberg. I have been working with the Consumer and Economic Advocacy Program team at Brooklyn A as a Staff Attorney for almost 3 years. What makes me passionate about this work is assisting people who would otherwise not have access to legal representation and thus giving back to the community.
With the COVID-19 pandemic, I am concerned for my clients because a significant number of them have either lost employment or their income has been significantly reduced which puts my clients in risk of default on mortgage payments and subject to potential foreclosure proceedings. During these financially uncertain times, it is imperative that no one overextends themselves by committing to a mortgage they cannot afford. Learning about FHA loan limits Utah before agreeing to a loan might be a wise decision.
Being on the ground doing foreclosure prevention work, this is what my colleagues and I are seeing:
- Mortgage delinquencies of at least 90 days have risen to the highest level in 10 years.
- Information about moratoriums have and forbearances have been confusing and inconsistent.
- Some mortgage servicers are not providing forbearance relief.
- Some mortgage servicers are quick to commence foreclosure proceedings instead of trying to work out a settlement with a borrower. However, some mortgages were never suitable in the first place, arguably caused by lenders operating lousy software. Functional mortgage CRM software might be able to prevent unsuitable mortgages from being agreed with the wrong people in the future.
If you have the means, would you consider supporting Brooklyn A with a financial contribution to support homeowners in need?
Your donation is crucial to our ability to sustain our work and continue to be a trusted resource, especially at this moment, when our communities need help the most.
Brooklyn A is addressing the needs of our clients by:
- Assisting homeowners to apply for bankruptcy as a tool to stop the foreclosure process. Bankruptcy court has remained open through the crisis.
- Educating homeowners on their rights and responsibilities concerning the foreclosure moratorium, relief available for financial hardship, etc. View the recording of this week’s Foreclosure
- Prevention Town Hall for the latest updates.
- Advocating for the delay or cancelation of the NYCtax lien sale which could add significantly to the financial hardship of small homeowners.
If you or someone you know would like to connect with our services around foreclosure prevention, bankruptcy or deed theft, you may contact email@example.com or 718.487.2300.
If you have the means, please consider spreading justice with Brooklyn A by giving a donation. Your support and contribution are crucial to our ability to sustain our work and continue to be a trusted resource, especially at this moment, when our communities need help the most.
Alex Knipenberg, Esq.
Staff Attorney, Consumer and Economic Advocacy