Foreclosures

Mayor Bloomberg, Environmental Protection Commissioner Holloway Launch New Program to Relieve Water Debt and Help Prevent Mortgage Foreclosures

New York, NY - February 8, 2010 - (RealEstateRama) — Mayor Michael R. Bloomberg and Department of Environmental Protection Commissioner Cas Holloway today launched the Water Debt Assistance Program, a new initiative that will temporarily relieve homeowners at risk of foreclosure of past-due water and sewer debt.

Statement from Governor David A. Paterson Regarding the Order of Foreclosure for Riverton Houses

Albany, NY - February 4, 2010 - (RealEstateRama) — Governor Paterson today issued the following statement regarding the order of foreclosure for Riverton Houses, in Harlem:

Senators Stachowski, Klein and Thompson Unveil Comprehensive Foreclosure Law in Buffalo

NEW YORK, NY - January 27, 2010 - (RealEstateRama) — Senator Jeff Klein (D-34th Senate District), Senator William Stachowski (D-58th Senate District) and Senator Antoine Thompson (D-60th Senate District) were joined by officials from the Town of Cheektowaga and City of Buffalo

GREENPATH DEBT SOLUTIONS SEES 58% INCREASE IN NYC CLIENTS AND 52% INCREASE IN NY STATE CLIENTS WITH PAST DUE MORTGAGES IN 2009 VERSUS 2008

FARMINGTON HILLS, MI - December 22, 2009 - (RealEstateRama) — GreenPath Debt Solutions, a nonprofit consumer credit counseling service with seven offices in the greater New York City area, recently released mortgage delinquency data regarding its clients in New York State and New York City

Rep. Israel Announces $200,000 in New Federal Funding to Prevent Home Foreclosure in Central Islip

Central Islip, NY - December 17, 2009 - (RealEstateRama) — On Thursday, Rep. Steve Israel announced $200,000 in new federal funding for the Central Islip Neighborhood Stabilization Project, a program that prevents foreclosures with aggressive community outreach and rehabilitates vacant homes to sell to first-time home buyers.

Nearly 5,000 Homeowners Call Comptroller’s Foreclosure Prevention Helpline

New York, NY - December 17, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today announced that his office is closing in on more than 5,000 individuals and families who have called his Foreclosure Prevention Helpline to ask for help and guidance to avoid losing their homes.

Governor Paterson Signs Comprehensive Foreclosure Legislation into Law

Albany, NY - December 15, 2009 - (RealEstateRama) — Governor David A. Paterson today signed into law comprehensive foreclosure legislation which provides additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis.

Assembly Protects Homeowners, Tenants By Strengthening Foreclosure Law

Albany, NY - November 16, 2009 - (RealEstateRama) — Assembly Speaker Sheldon Silver, Judiciary Committee Chair Helene Weinstein, Banks Committee Chair Darryl Towns and Housing Committee Chair Vito Lopez today announced the passage of a measure that strengthens current foreclosure law to protect homeowners and tenants

Governor Paterson Announces Passage Of Comprehensive Foreclosure Legislation

Albany, NY - November 16, 2009 - (RealEstateRama) — Governor David A. Paterson and Legislative Leaders today announced passage of the Governor’s Program Bill No. 46, which provides additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis.

Rehab Completed on 20-unit Building in Harlem: Low Income Residents Prepare for Homeownership in coming weeks.

NEW YORK, NY - October 30, 2009 - (RealEstateRama) — The Urban Homesteading Assistance Board (UHAB) announces the completion of rehabilitation and permanent financing of 20-units of affordable housing that will soon become a low-income cooperative.

Higgins Announces Foreclosure Prevention Counseling Grant for CHRIC

Jamestown, NY - October 12, 2009 - (RealEstateRama) — With the backdrop of a foreclosed house acquired by CHRIC in Jamestown’s PRIDE neighborhood, Congressman Brian Higgins announced today that Chautauqua Home Rehabilitation and Improvement Corporation is receiving $26,640 to support the agency’s foreclosure prevention counseling efforts.

Senator Klein and Senator Morahan unveil new data showing 354 homes went into foreclosure in Rockland County this past year, 124 are owned by banks

NEW YORK, NY - October 2, 2009 - (RealEstateRama) — Senator Jeff Klein (D-34th Senate District) and Senator Thomas Morahan (R-38th Senate District) presented new data today showing the impact of neglected foreclosed properties in Rockland County.

Suozzi Hosts First Housing Lottery In Nassau County For Foreclosed Properties

MINEOLA, NY - September 14, 2009 - (RealEstateRama) — Nassau County Executive Thomas R. Suozzi today hosted Nassau’s first Neighborhood Stabilization Program lottery for first-time homebuyers to purchase foreclosed properties in Nassau County.

HUD announces disaster assistance for New York storm victims

WASHINGTON, DC - September 2, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to three western New York counties and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms and flooding.

Thompson: Nearly 5,000 Homeowners Call Foreclosure Prevention Helpline

New York, NY - August 13, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today announced that nearly 5,000 individuals and families have called his Foreclosure Prevention Helpline to ask for help to avoid losing their homes.