Bank accused of harassing foreclosure fraud whistleblower

Palm Beach, FL- The past few years have been chaotic for attorney Lynn Szymoniak, who uncovered the “robo-signing” scandal and exposed the banks for this practice while combating foreclosure of her own home.  

Szymoniak was awarded $18 million of the $25 billion national settlement and hoped to use that money to pay of her mortgage, but now she alleges that she is being harassed by Deutsche Bank, the company that holds her loan.

Szymoniak was served foreclosure papers after she defaulted on her mortgage loan because a medical emergency drained her savings. For some people face with this dilemma, a foreclosure attorney may be able to negotiate with the bank to prevent them from seizing their homes.  

She made it clear that she intended to pay off her mortgage once she receives the settlement funds, but this doesn’t seem to satisfy Deutsche Bank. The bank has deposed eight contractors hired to make improvements to Syzmoniak’s home. She believes the bank is trying to prove she used to the loan to make improvements in an effort to discredit her and run up her legal expenses.

Last year, Deutsche Bank also tried to serve foreclosure paper to Szymoniak’s son who was studying in New York.

Thanks to Szymoniak’s efforts, the fraudulent practices of banks were made public, giving foreclosure attorneys and homeowners an edge when challenging a foreclosure.  Those affected by the housing crisis can utilize the experience of a foreclosure lawyer to negotiate for a mortgage modification or fight an eviction.