Foreclosures

Foreclosures

STATE OF THE FORECLOSURE CRISIS: ADDRESSING THE CONTINUED NEED FOR HOMEOWNER PROTECTION

Senators Jeff Klein (D-Bronx/Westchester), Tony Avella (D-Queens), Jesse Hamilton (D-Brooklyn), Marisol Alcantara (D-Manhattan), Diane Savino (D-SI/Brooklyn), and Assembly Members Helene Weinstein (D-Brooklyn), Kenneth Zebrowski (D-New City), Steven Cymbrowitz (D-Brooklyn), Ellen Jaffee (D-Suffern), David Buchwald (D-Mount Kisco) and Jo Anne Simon (D-Brooklyn) joined Foreclosure Prevention Network organizations to release a report detailing the lingering issue of foreclosures in New York State as they called for a critically needed $30 million for foreclosure prevention legal services
SprinklerLawsLeadDecline in NYC Fire Fatalities 2017

NYC Fire Fatalities Fall to New Record Low in 2016

2016 was the Big Apple’s safest year in terms of fire fatalities, according to the FDNY. The world’s busiest fire department reported 48 fire-related deaths, the lowest number since the city began recordkeeping in 1916. It represents a 19% decline over the 2015 numbers, and a 17% drop from the previous record low of 58 fire-related deaths in 2012. The FDNY also reported a 9% reduction in “serious fires.”

Governor Cuomo Announces 5th Proposal of 2017 State of the State: Comprehensive Plan to...

Governor Andrew M. Cuomo today unveiled a comprehensive plan to better protect senior citizens throughout New York from financial exploitation and foreclosure. The plan includes establishing an Elder Abuse Certification Program for banks located in New York State, amending the banking law to empower banks to place holds on potentially fraudulent transactions, and strengthening legislation that will protect senior homeowners with reverse mortgages.<

A.G. Schneiderman Announces Additional $20 Million For Homeowner Protection Program, Plus New Grant Program...

Attorney General Eric T. Schneiderman today announced an additional $20 million in funding for the fifth year of his Homeowner Protection Program (HOPP), as well as the launch of the Foreclosure Rescue Scam Prevention Initiative, a new grant program that will enhance outreach, education, and referral services for homeowners at risk of fraudulent foreclosure rescue schemes.

Today: A.G. Schneiderman To Announce Additional Homeowner Protection Funding, Launch New Initiative To Prevent...

Attorney General Eric T. Schneiderman will announce an additional large-scale investment in his Homeowner Protection Program and launch a new grant program to target outreach, education, and referral services to New Yorkers most vulnerable to foreclosure rescue scams such as deed theft

A.G. Schneiderman Obtains $1.6 Million Settlement With Queens Company That Targeted Hispanic Homeowners In...

Attorney General Eric T. Schneiderman today announced a $1.6 million settlement with Queens-based American Hope Group, Inc. and its principal, Mauricio Villamarin Martinez (collectively “American Hope Group”), following an investigation into a fraudulent mortgage rescue scheme that preyed upon financially vulnerable Hispanic homeowners who were desperate to save their homes from foreclosure.

A.G. Schneiderman Announces $20 Million In New Funding For Land Banks To Support Communities...

Attorney General Eric T. Schneiderman today announced $20 million in new funding, to be administered by Local Initiatives Support Corporation (LISC) and Enterprise Community Partners, Inc. (Enterprise), for New York State land banks that are working to protect homeowners and neighborhoods across the state by acquiring blighted homes and transforming them into community assets.

Rep. Rice to Host Mortgage Modification Fair

U.S. Representative Kathleen Rice is hosting a Mortgage Modification Fair on Saturday, September 24th from 8:00 a.m.-3:00 p.m. at the Cradle of Aviation Museum in cooperation with Nassau County Executive Edward P. Mangano's office. Homeowners who are struggling to make mortgage payments will have opportunities to attend lectures and seminars on financial best practices by homeownership and mortgage modification specialists, and meet directly with attorneys, counselors, support groups and lenders in the exhibit zone on the lower level of the museum in order to learn how to make homeownership more affordable and avoid foreclosure.

EMPIRE JUSTICE CENTER STATEMENT ON GOVERNOR CUOMO’S SIGNING OF GROUND BREAKING LEGISLATION TO IMPROVE...

In a victory for communities across New York State that are still struggling to recover from the foreclosure crisis, both houses of the Legislature passed two pieces of legislation that, combined, will have a tangible impact on upstate and Long Island communities still struggling to recover from neighborhood blight caused by the recession and the foreclosure crisis. Today, Governor Cuomo signed these two important pieces of legislation into law

Assembly Passes Legislation to Combat Zombie Homes in New York State

Speaker Carl Heastie and Judiciary Chair Helene Weinstein today announced the passage of legislation to combat the rising problem of abandoned residential properties by creating new efficiencies in the foreclosure process and imposing requirements for the maintenance of properties by a mortgagee or its loan servicing agent

A.G. Schneiderman Announces $100 Million Expansion Of Foreclosure Prevention Efforts For New York Families

Dramatic Increase In Mortgage Assistance Efforts Will Enable Thousands Of New Yorkers To Save Their Homes By Clearing Small Debts That Are Preventing Them From Avoiding Foreclosure. New Analysis Released Today Estimates Expansion Will Save $875 Million In Property Values for Neighboring Homeowners of Loan Recipients

DiNapoli Report Looks at Foreclosure Impact on Local Governments

New York state has the second highest home foreclosure rate in the nation, with 1 in 21 home mortgages in foreclosure, according to areport released today by State Comptroller Thomas P. DiNapoli. The continuing foreclosure challenge is squeezing municipal budgets when property values decrease, tax bases shrink and crime jumps.

AG Schneiderman Announces Innovative Partnership with Leading Statewide Media Associations to Protect New Yorkers...

Attorney General Eric T. Schneiderman, New York News Publishers Association, New York Press Association and the New York State Broadcasters Association today announced a joint initiative to crack down on rampant and unlawful advertising of foreclosure rescue scams. Scammers target vulnerable homeowners who are typically in midst of the foreclosure process and are seeking help with mortgage modifications

A.G. Schneiderman Announces More Than $11 Million in New Funding for Statewide Foreclosure Prevention...

Attorney General Eric T. Schneiderman today announced $11.5 million in new funding for more than two dozen legal services organizations statewide to help prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash.

LONG ISLAND COMMUNITIES TRYING TO RECOVER FROM THE FORECLOSURE CRISIS LACK ACCESS TO MORTGAGE...

Today, at a community forum at the Touro Law Center, Empire Justice Center released its most recent report, “The Lingering Storm: Mortgage Lending Disparities on Long Island,” analyzing mortgage lending in Nassau and Suffolk Counties.

DiNapoli: Statewide Foreclosure Activity Still Well Above Prerecession levels

New York state continues to have high levels of foreclosure activity with new foreclosure filings remaining significantly higher than prerecession levels, according to a report released today by State Comptroller Thomas P. DiNapoli

Mayor David Joins Attorney General Schneiderman To Highlight Success Of Foreclosure Prevention And Relief...

Attorney General Eric T. Schneiderman, joined by housing advocates, local lawmakers, and a local homeowner, today released a new, three-year report detailing the results of his office’s recent efforts to prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash. The three programs outlined in the report—the Homeowner Protection Program, New York State Mortgage Assistance Program, and AGScamHelp.com—have helped tens of thousands of New York families, including more than 6,000 homeowners in the Southern Tier and Central New York, avoid foreclosure

A.G. Schneiderman Releases New Three-Year Report Highlighting Success Of His Statewide Foreclosure Prevention And...

Attorney General Eric T. Schneiderman, joined by housing advocates and local lawmakers, today released a new, three-year report detailing the results of his office’s recent efforts to prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash

GOVERNOR CUOMO DEPLOYING DFS MOBILE COMMAND CENTER TO PROVIDE FORECLOSURE PREVENTION ASSISTANCE TO HOMEOWNERS...

Governor Andrew M. Cuomo today announced that he is deploying trained personnel from the Department of Financial Services to Watertown and Oswego to offer foreclosure prevention assistance to financially struggling homeowners.

A.G. Schneiderman And Local Officials Showcase Achievements Of Housing Programs Designed To Rebuild New...

Attorney General’s Foreclosure Relief Programs Have Helped More Than 6,800 Hudson Valley Families Keep Their Homes. Schneiderman: No Family Should Ever Lose Their Home Because They Could Not Speak To A Housing Counselor Or Get A Small Loan To Refinance Their Mortgage

New Hampshire Supreme Court Acknowledges MERS’ Role Under State Law

MERSCORP Holdings, Inc. today announced the Supreme Court of New Hampshire ruled in favor of New York Community Bank, finding that as assignee of MERS, it was authorized to foreclose. In pdf Bergeron v. New York Community Bank (102 KB), the Plaintiff challenged the defendant’s authority to foreclose, alleging the defendant did not prove that it was the genuine holder of the note and seeking an order to restrain the defendant from foreclosing.

Higgins Announces Vacant Homes Act of 2015

Congressman Brian Higgins (NY-26) joined members of the Distressed Properties Task Force in Western New York to announce the Vacant Homes Act, a bill designed to expedite the sale of underwater homes and foreclosures to prevent the buildup of vacant homes in neighborhoods and communities.

GOVERNOR CUOMO DEPLOYING DFS MOBILE COMMAND CENTER TO ORANGE AND SULLIVAN COUNTIES TO PROVIDE...

Governor Andrew M. Cuomo today announced that he is deploying Department of Financial Services representatives to Chester in Orange County and Monticello in Sullivan County to offer foreclosure prevention assistance to financially struggling homeowners.

EC Real Property Tax Services to Present Tax Foreclosure Seminar

The Erie County Department of Real Property Tax Service has announced it will be holding its annual seminar on how to purchase tax foreclosed properties. The seminar, titled “How to Purchase Tax Foreclosed Properties," will be hosted by the Director of Real Property Tax Services, Joseph L. Maciejewski and will offer insight into the foreclosure process as well as the procedure for purchasing these properties at the next tax foreclosure sale.

A.G. Schneiderman Announces Statewide Advertising Campaign To Help New York Homeowners Avoid Foreclosure Rescue...

Campaign Will Promote AGScamHelp.com, A Web-Based App To Educate Consumers On How To Avoid And Report Mortgage Rescue Scams. Schneiderman: Informed Homeowners Are the Most Powerful Tools Against Foreclosure Scams

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Rep. Zeldin Meets in DC with Leadership from the Long Island...

On Wednesday, February 15, 2017, Congressman Lee Zeldin (R, NY-1) met with leadership from the Long Island State Veterans’ Home in his Washington D.C. office to discuss veterans’ legislation. Located in Stony Brook, the Long Island State Veterans’ Home provides high quality care and support services for veterans, including rehabilitation and adult day healthcare

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Rep. Zeldin Meets in DC with Leadership from the Long Island...

On Wednesday, February 15, 2017, Congressman Lee Zeldin (R, NY-1) met with leadership from the Long Island State Veterans’ Home in his Washington D.C. office to discuss veterans’ legislation. Located in Stony Brook, the Long Island State Veterans’ Home provides high quality care and support services for veterans, including rehabilitation and adult day healthcare