Upstate Foreclosure Firm Fined $2 Million, Agrees to Overhaul Its Filing Practices

, New York Law Journal


Steven J. Baum, P.C., will pay a fine and prohibit employees from executing mortgage assignments as officials or representatives of MERS, an electronic mortgage registry system.

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What's being said

  • Lynda

    They stole my house. Do I get off with a pat on my wrist? They never had anything. They Stole my house,!! Fuc**ing CHEATS

  • Steven Finell

    Despite the official disclaimer, in the real world paying a $2 million fine most certainly is an admission of wrongding. Further, no one who is innocent of serious misconduct would subject himself to the extraordinarily onerous requirements that fill most of the 12-page settlement agreement that Baum personally signed. Committing purjury is not just a "mistake," as Baum characterizes it, and "processing" a large volume of legal work is no excuse for it.

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