Woman Fights Lender to Save Home

Sandy Furman got the help of an attorney and United Financial Counselors to help her keep her home

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    NEWSLETTERS

    Sandy Furman thought she had reached a deal with her lender in paying off her monthly mortgage payments, then she received papers telling her she was being foreclosed on. (Published Monday, Sep 26, 2011)

    Sandy Furman thought she had reached a deal with her lender in paying off her monthly mortgage payments, then she received papers telling her she was being foreclosed on. 

    “They still want to press the issue we thought was resolved,” she told NBC Miami on Monday.
    Furman said she has been fighting to keep her home for three years. She called the non-profit group United Financial Counselors and attorney Manny Singh for help. 
    They were to face the lender in court on Monday.
    “The payments have been made, and they are still wanting to proceed in court,” she said.
    “What happened is the bank foreclosed, and they should have and they won't cancel the hearing. They have a hearing set at 1:30 p.m.,” Singh said.
     
    With the help of the non-profit group, Furman got the bank to cut to cut her monthly payments from $2,300 to $930. She also had the amount  owed on the loan from $341,000 to $107,000.
    “What's happening is the left hand doesn't know what the right hand is doing,” Singh said.
    Jason Walowitz, who is financial counselor with the nonprofit, said this kind of situation is common.
    “We see it frequently. It’s organized chaos with the big banks and the large law firms.,” he said.
    A lawyer for the lender at the hearing wouldn't comment, and the law firm also representing the lender didn't return calls for comment.
    In the courthouse, an attorney for the lender came out and told Furman she wasn't going to proceed with the hearing.
    “I'm really happy. Maybe they will stop doing this to people,” Furman said.
    Singh said all this is costing taxpayers everyday, wasting the time of the judges, court workers.
    Meanwhile, Walowitz said the nonprofit has helped save 348 homes in South Florida.
    To find Singh online click here and to find the nonprofit click here.