Clinton Reiterates Call for Coordinated Federal Efforts to Stop Next Foreclosure Crisis

Foreclosures Have Skyrocketed Over 70 Percent Since Last Year; Pose Grave Risks to Housing Values and Economy WASHINGTON, DC - October 25, 2008 - (RealEstateRama) —...

COMPTROLLER THOMPSON LAUNCHES CITYWIDE INITIATIVE TO BATTLE FORECLOSURE

New York, NY - October 25, 2008 - (RealEstateRama) — In an effort to help New Yorkers remain in their homes and prevent foreclosure,...

LEADER OF FORECLOSURE RESCUE SCHEME SENTENCED TO 10 YEARS IN PRISON

New York, NY - October 6, 2008 - (RealEstateRama) — MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York,...

Foreclosed Properties Drag Down Home Values on Their Block and Across Entire Communities

WASHINGTON, DC - October 3, 2008 - (RealEstateRama) — As our national economy is in grave turmoil and families continue to lose their homes...

SCHUMER ANNOUNCES SENATE PASSAGE OF ESSENTIAL RESEARCH AND DEVELOPMENT TAX BREAK THAT WILL PROVIDE...

Washington, DC - September 24, 2008 - (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that a bill to renew the research and...

Governor Paterson Announces Additional New York State Grants To Fight Foreclosure Crisis

Albany, NY - September 24, 2008 - (RealEstateRama) — Governor David A. Paterson today announced a total of $3,495,000 in grants as part of...

Governor Paterson Announces Grants As Part Of New York’s Continuing Efforts In Fighting Foreclosure...

$4.2 Million in Grants Provided by the Division of Housing and Community Renewal and Banking Department Albany, NY - September 10, 2008 - (RealEstateRama)...

$4.2 Million in Grants Provided by the Division of Housing and Community Renewal and...

New York, NY - September 10, 2008 - (RealEstateRama) — Governor David A. Paterson today announced a total of $4,175,500 in grants as part of...

Governor Paterson Announces Grants as Part of New York’s Continued Efforts in Fighting Foreclosure...

New York, NY - July 24, 2008 - (RealEstateRama) — Governor David A. Paterson today announced a total of $1,765,000 in grants as part...

New York Banking Department and RealtyTrac® Comment on Second Quarter 2008 New York Foreclosure...

New York State Continues to Be Less Impacted Than Other States; Certain New York Counties Disproportionately Affected by Foreclosure FilingsNew York, NY - July 31,...

LEADER OF FORECLOSURE RESCUE SCHEME AND MORTGAGE BROKER PLEAD GUILTY TO MULTIMILLION DOLLAR FRAUD

MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that MAURICE McDOWALL and ALEKSANDER LIPKIN, a/k/a "Alex," pleaded...

1 in 32 New York Homeowners Stand to Lose Homes to Foreclosure

WASHINGTON, DC – Congresswoman Carolyn B. Maloney (D-NY) backed key legislation that would assist Americans who are in danger of losing their homes and...

Nearly $25 Million Approved to Build and Preserve Affordable Housing in New York City

NEW YORK—Wednesday, May 7, 2008—Nearly $25 million in financing and grants was approved today to build and preserve 333 units of affordable housing in...

New York Banking Department and RealtyTrac Comment on First Quarter 2008 New York Foreclosure...

New York, N.Y. - April 29, 2008 - The New York State Banking Department and RealtyTrac® commented on the report published today by RealtyTrac,...

Foreclosure Prevention Efforts Not Keeping Pace With Trends

New York, N.Y.: The State Foreclosure Prevention Working Group’s second report indicates that industry efforts to avoid unnecessary foreclosures are not keeping pace with...

Budget Includes $25 Million to Save Homeowners from Foreclosures

Governor David A. Paterson and Legislative leaders announced today that the Enacted Budget includes $25 million to help save thousands of homeowners from foreclosure....

SONYMA Announces $747,000 Federal Grant To Provide Foreclosure Prevention Counseling

NEW YORK— Tuesday, March 18, 2008—The State of New York Mortgage Agency (SONYMA) has received a $747,718 Federal grant to expand foreclosure prevention counseling...

OFHEO, NY ATTORNEY GENERAL, FANNIE MAE AND FREDDIE MAC SIGN AGREEMENTS TO COMBAT APPRAISAL...

Washington, DC – OFHEO Director James B. Lockhart announced agreements with OFHEO, New York State Attorney General Andrew Cuomo, Fannie Mae and Freddie Mac...

Banking Department Announces Request for Proposal for $1.5 Million in Foreclosure Prevention Counseling Services...

New York, N.Y., February 13, 2008 - The New York State Banking Department announced today a Request for Proposals (RFP) for $1.5 million available...

NY Assembly Addresses Foreclosure Crisis

AARP commends the leadership of Assembly Speaker Sheldon Silver for proposing a comprehensive solution to the foreclosure crisis in New York State. Many older...

Thompson: Nearly 2,350 Homeowners Call Comptroller’s Foreclosure Prevention Helpline

December 27, 2007 - As the subprime crisis continues to escalate across the nation, New York City Comptroller William C. Thompson, Jr. today announced...

Statement From Governor Spitzer Regarding Federal Plans To Address The Subprime Crisis

New York - December 7, 2007 - Across the nation, and here in New York, homeowners need relief from the uncertainties that have plagued the lending...

Six Charged In Multimillion Dollar “Foreclosure Rescue” Scheme

New York - December 3, 2007 - MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, ANDREW CUOMO, the Attorney...

New Not-For-Profit Organization Will Expand Legal Assistance, Loan Remediation and Education for At-Risk Homeowners

Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today announced a new not-for-profit organization, the Center for NYC Neighborhoods (CNYCN), to assist...

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...