Steven J. Baum law firm to close

The embattled Steven J. Baum P.C. law firm is the closing its doors after a series of missteps that included mortgage industry giants Freddie Mac Freddie MacLatest from The Business JournalsRealtors: Home sale pace picks up in OctoberCongress reinstates higher FHA mortgage limitsCongress reinstates higher FHA mortgage limitsFollow this company and Fannie Mae Fannie MaeLatest from The Business JournalsCongress reinstates higher FHA mortgage limits909 Walnut condos hit the Kansas City market with key Fannie Mae approval, developer saysCongress reinstates higher FHA mortgage limitsFollow this companycutting off business with the Amherst-based firm.

Baum has filed a Worker Adjustment and Retraining Notification notice with several government agencies, saying it plans on shutting its doors. The firm has 67 full- and part-time employees at its Northpointe Parkway offices and another 22 full- and part-time workers at its Long Island office.

“We will fulfill all of our obligations under WARN and during this process we will also fulfill our remaining work on behalf of our clients,” Baum said in a prepared release. “Disrupting the livelihoods of so many dedicated and hardworking people is extremely painful, but the loss of so much business left us no choice but to file these notices.”

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