Foreclosures

Foreclosures

Thompson: 2,100 Homeowners Reach Out For Help To Save Their Homes

November 15, 2007 --  New York City Comptroller William C. Thompson, Jr. today announced that 2,100 individuals and families from across the tri-state region have...

HALT Task Force Expands Efforts to Address Subprime Lending Crisis

Governor Eliot Spitzer today met with Attorney General Andrew Cuomo and members of the Governor's Halt Abusive Lending Transactions (HALT) Task Force to address...

Thompson Launches “Save Our Homes” Initiative To Address Subprime Crisis In New York City

October 30, 2007 -- Flanked by several of the city’s top labor and religious leaders, New York City Comptroller William C. Thompson, Jr. today...

Popular Government & Nonprofit Press Releases

MORE THAN HALF OF BUILDINGS ON THE 2017 AEP LIST HAVE...

New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announces an update on the progress made to improve conditions at the buildings included on the tenth annual Alternative Enforcement Program (AEP) list.  Since the 2017 AEP list was released in February, 138 buildings have improved conditions and met the criteria for discharge from the program. The AEP list identifies 250 distressed multifamily residential buildings with HPD violations and allows for enhanced enforcement, which includes roof to cellar inspections, fees, and an AEP Order to Correct the underlying conditions of the HPD violations.  These enhanced enforcement tools are used to improve living conditions for each building’s residents

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).