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Baum Banned From Fannie Foreclosures

Being picketed by 'Occupy Buffalo' is bad enough. But things just got a whole lot more challenging for the Amherst-based foreclosure law firm of Steven J. Baum PC: Fannie Mae joins Freddie Mac in banning the firm from foreclosure work on their mortgages, effective new business after November 15, 2011 (see Buffalo News article November 16, 2011, by Jonathan Epstein.) The ban extends to bankruptcy wok as well, according to the New York Law Journal.

Fannie Mae issued a list of hundreds of law firms around the country that their mortgage servicers may use for foreclosure work. Eight New York firms are listed, but the Baum office is described as "not eligible for new referrals." No other firm on the 31 page list is described as not eligible for new referrals.

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