Mortgage Cancellation Secrets Adds New York Foreclosure Defense System Forms

BROOKLYN, N.Y. - Feb. 19, 2020 - PRLog -- New York has one of the highest mortgage delinquency and foreclosure rates in the nation, the average foreclosure timeline is 1,103 days. Mortgage Cancellation Secrets today announced the release of New York Foreclosure Defense System Forms to help stop foreclosure.

In the state of New York, 1 in 21 homes are in foreclosure and another 1 in 10 are at risk of foreclosure status.

According to the Mortgage Cancellation Secrets site, it will be imperative that homeowners facing foreclosures, foreclosure defense attorneys, forensic loan auditors, and those assisting individuals in foreclosure matters start to arm themselves with expert knowledge on securitization imperfections and lack of enforceable security interest against foreclosure actions to properly raise issues on Standing to introduce the New York Foreclosure Protection Bill.

A recent brand new bill known as the New York Foreclosure Protection Bill, Senate Bill S5160 offers homeowners a solution to raise Standing defenses in foreclosure actions.

Before December 23rd, 2019 when New York Governor Andrew Cuomo signed this new bill into law, homeowners had only 30 days to raise standing issues in a foreclosure lawsuit.

Under the New York Foreclosure Protection Bill a new section 1302-a, permits a homeowner (the defendant) in a foreclosure suit to raise a defense of standing at any time in the litigation.

New York Foreclosure Defense System Forms comes with step-by-step fill-in-blank preparation template forms and easy to follow instructions including statutes and supporting case laws that can be used immediately within minutes by homeowners, foreclosure defense attorneys, and forensic loan auditors:

https://mortgagecancellationsecrets.com/new-york-foreclosure-defense-system-forms