The Niagara Falls Zombie Fight Project negotiated a settlement with Citizens Bank that sets a real timeline for its foreclosures. Executing this settlement is a huge community win! On to the next ones.
The Niagara Falls Zombie Fight Project continues to establish the City of Niagara Falls as a leader in enforcing the New York State Zombie Property and Foreclosure Law. Through comprehensive enforcement of the new state law, demolitions of two unsafe and unsalvageable structures on Sixth Street were completed on January 10, 2017, at no cost to the city.
On Friday, October 7, the Zombie Fight Project (ZFP) sent letters to Ocwen Financial Corporation and their servicer, Altisource, to notify them of code violations found on their 17 Niagara Falls properties.
The City of Niagara Falls officially served Citizens Bank with a legal complaint at company offices in Rhode Island and Virginia. Pursuant to the New York State Zombie Property and Foreclosure Prevention Law, the complaint details violations of the newly enacted law at five vacant houses, stuck in lengthy Citizens Bank mortgage foreclosures.
Today, the Niagara Falls Community Development Department (NF CD), with help from the Department of Public Works, posted signs that read “How Did This Zombie Get Here? We’re Looking At You, Citizens Bank!” at properties stuck in bank foreclosure.
2916 Linwood Avenue was a poster child for the broken bank foreclosure process. With help from our Zombie Fight Project, its foreclosure is finally complete and it will be auctioned for sale on August 21, 2017.
On July 10, 2017, Niagara Falls Community Development sent our first official Zombie Fight Project correspondence to Citizens Bank, utilizing New York State’s new Zombie Property and Foreclosure Prevention Law.