More On

Replacement counsel sought in New York foreclosure cases

Financial regulator urges mortgage servicers to quickly hire new counsel to prevent added costs to consumers

It’s great to relax and have fun with colleagues at corporate holiday parties. But one group of employees took the “fun” too far at their 2010 Halloween party, and they now are suffering the consequences of their inappropriate behavior.

Last year, employees at the Amherst, N.Y.-based law firm Steven J. Baum, which represented banks and mortgage servicers in about 40 percent of New York’s foreclosure actions in 2010, hosted a foreclosure-themed Halloween party, at which employees dressed as homeless people. The New York Times posted photos of the party, which a former Baum employee submitted because she thought readers should know about the firm’s callous attitude toward consumers whose homes were being foreclosed.

Ashley Post

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.