Issues: Foreclosure

SENATOR FUSCHILLO, NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES, & VILLAGE OF FREEPORT TO SPONSOR FORECLOSURE PREVENTION PROGRAM

     Senator Charles J. Fuschillo, Jr. (R-Merrick) is partnering with the New York State Department of Financial Services (DFS) and the Village of Freeport to provide services and assistance to homeowners facing foreclosure.

     Senator Fuschillo and Mayor Robert Kennedy have arranged to have DFS’ Mobile Foreclosure Relief Center to come to Freeport Village Hall (46 North Ocean Avenue, Freeport) on Friday, December 13th from 10:00 am- 6:00 pm.

December 9, 2013
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Senator David Valesky Welcomes DFS Mobile Command Center to CNY

Department of Financial Services' Assistance Available for Homeowners during Mobile Command Center Visits to Syracuse on Thursday and Liverpool on Friday

State Senator David J. Valesky (D-Oneida) today announced that the Department of Financial Services’ (DFS) Mobile Command Center (MCC) will be in Central New York this week to help provide foreclosure prevention assistance to struggling homeowners.

Department representatives will be available to meet homeowners in the MCC at two locations:

November 21, 2013
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October 12, 10:00 AM - 3:00 PM
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City, State Leaders Outline Initiatives to Eliminate ‘Zombie Houses’, Hold Banks Accountable for Foreclosure Delay

Kennedy, Brown, Kearns, Scanlon gather at 124 McKinley Parkway to bring attention to impact of ‘zombie houses’ on city neighborhoods. 

Coordinated efforts from city and state lawmakers aim to combat the growing problem of blighted, vacant homes stuck in foreclosure limbo. 

Kennedy: ‘Zombie houses’ are eating up our neighborhoods and leaving eyesores and diminished property values in their wake. These out-of-town banks must be held accountable for the harm they’ve caused.

August 9, 2013
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Senate Majority Coalition Leader Jeff Klein, Attorney General Eric Schneiderman, and Assemblywoman Helene Weinstein Take Aim at Big Banks Exploiting Foreclosure Victims

BRONX, NY – Alongside Bronx foreclosure victim Daisy Vargas—and the four generations of family members who call her Castle Hill residence home—top elected leaders highlighted recently passed legislation aimed at preserving important homeowner rights during the foreclosu

July 25, 2013
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Senator Gianaris Honors Astoria Resident and WWII Hero

I presented lifelong Astoria resident and World War II hero Robert (Bob) Danke with his official plaque and poster signifying his induction into the New York State Senate Veteran's Hall of Fame. Bob is a true American hero and I was proud to join him and his family to commemorate the services he rendered his country.

Check out this Queens Tribune article for more details on Bob's heroic service.

June 11, 2013
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Obama Administration Extends Application Deadline for the Making Home Affordable Program

5/30/2013

Page Content

Extension through December 2015 Will Provide Struggling Homeowners Additional Time to Access Sustainable Mortgage Relief and Align End Dates for Key Assistance Programs

June 10, 2013
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Big Banks Have Let 100’s of WNY Homes to Fall into Disrepair; Kennedy, Ryan Push New Legislation to Make Banks Pay for Foreclosure Delay

Kennedy, Ryan, local residents launch push for new state law at 35 Gary Lane, a Cheektowaga home falling into disrepair as a result of Bank of America’s delay. 

Hundreds of homes across Western New York end up in “foreclosure-delay limbo” when banks drag their feet. 

Kennedy: Big banks’ delay hurts our community and our home values. WNY is sending a message to Wall Street: You made this mess. You clean it up.

April 5, 2013
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Legislative Update

I spoke with Cypress Hills Local Development Corp. Homeownership Director, Lisa Maldonado for this week's Legislative Update.

March 22, 2013
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Department of Financial Services to Speek Resolution of Insurance Claims in Areas Affected by SANDY

The NYS Department of Financial Services (DFS) is setting new rules to speed the processing of insurance claims in areas affected by Storm Sandy. The new regulation reduces the amount of time an insurer can delay its decision on a claim, and requires insurers to report to the Department on how many claims it is delaying and the reasons for the delays.

February 27, 2013
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$1.8 Billion Relief For NYS Homeowners From National Mortgage Settlement

More Than $1.2 Billion In Principal Reductions For NYS Homeowners In First Ten Months Of ProgramMore Than 21,500 Families Statewide Reap Benefits Across All CategoriesFollowing the release of the second official report on the implementation of the National Mortgage Settlement today, Attorney General Eric T. Schneiderman noted encouraging progress on behalf of New York State homeowners. The report, which was issued today by the settlement’s national monitor showed that over $1.8 billion in consumer relief has been delivered to New York homeowners since March of 2012. 

February 22, 2013
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Governor Cuomo Outlines 2013-2014 Executive Budget to Maintain Fiscal Responsibility and Continue to Invest in Economic Growth

Governor Andrew M. Cuomo unveiled the proposed 2013-14Executive Budget and Management Plan that builds on two years of balanced, fiscally responsible budgeting and invests in economic development, education reform, rebuilding after Superstorm Sandy, provides support to local governments and school districts, and includes no new taxes or fees.

Highlights of the Executive Budget:

· Eliminates $1.3 billion budget gap with no new taxes or fees. The expected gap for 2013-14 was projected to be $17.4 billion prior to the last two responsible budgets.

· Holds spending increases below 2 percent for third consecutive year.

January 23, 2013
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HUD and Long Island Housing Services Join Forces to Warn Homeowners about Foreclosure Rescue Scam Artists

HUD and Long Island Housing Services (LIHS) Join Forces to Warn Homeowners about Foreclosure Rescue Scam Artists. 

HUD encourages homeowners to call LIHS at 631-567-5111, ext. 330 or 1-888-995-HOPE(4673) or the New York State Attorney General’s Consumer Frauds and Protection Bureau, or visitwww.hud.gov/preventloanscams to get the facts about mortgage fraud, and report suspected scammers.

Read more by clicking here or by opening the attachment below.

October 12, 2012
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Free Foreclosure Prevention Program

     Senator Charles J. Fuschillo, Jr. (R-Merrick) is partnering with the New York State Department of Financial Services (DFS) and Freeport  Mayor Andrew Hardwick to provide services and assistance to homeowners facing foreclosure.

     Senator Fuschillo and Mayor Hardwick have arranged to have DFS’ Mobile Foreclosure Relief Center to come to the Freeport Train Station parking lot (northeast corner of Sunrise Highway and Henry Street) on Friday, October 12, 2012 from 11:00am-7:00pm.

October 12, 11:00 AM - 7:00 PM
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SENATOR FUSCHILLO, MAYOR HARDWICK & NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES TO SPONSOR FORECLOSURE PREVENTION PROGRAM IN FREEPORT

     Senator Charles J. Fuschillo, Jr. (R-Merrick) is partnering with the New York State Department of Financial Services (DFS) and Freeport Mayor Andrew Hardwick to provide services and assistance to homeowners facing foreclosure.

     Senator Fuschillo and Mayor Hardwick have arranged to have DFS’ Mobile Foreclosure Relief Center to come to the Freeport Train Station parking lot (northeast corner of Sunrise Highway and Henry Street) on Friday, October 12, 2012 from 11:00am-7:00pm.

September 28, 2012
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Senator Zeldin & Assemblyman Graf Team Up with DFS to Bring Foreclosure Prevention Mobile Command Center to Islandia

Islandia, N.Y. – State Senator Lee M. Zeldin (R, C, I- Shirley) and Assemblyman Al Graf (R, C- Holbrook) partnered with the New York State Department of Financial Services (DFS) to bring the Department’s Foreclosure Relief Unit Mobile Command Center to Islandia this past Friday, September 21, 2012, to assist residents struggling with their home mortgages.

Pictured here are (from left to right): Senator Zeldin, George Haggerty, Executive Deputy Superintendent for Real Estate Finance at the NYS Dept. of Financial Services, Assemblyman Graf, and Village of Islandia Mayor Allan Dorman.

September 24, 2012
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ADDABBO CO-SPONSORS FORECLOSURE FRAUD PREVENTION ACT OF 2012

Senator Will Introduce Further Bill Enacting a One-Year Moratorium on NYS Foreclosures to Assist Struggling Homeowners and Reduce Future Abandoned Homes 

 

September 18, 2012
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Law360: NY Ahead of the Curve with Ban on Mortgage Rate-Based Pay

Law360 reports on a new law passed by Sen. Krueger  which bans a predatory lending practice that created instability in the mortgage market and contributed to the financial crisis. 

August 29, 2012
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Sen. Krueger Announces New Yield Spread Premium Ban Is Law

Gov. Cuomo signed Sen. Krueger's legislation banning "yield spread premiums," a predatory lending practice.

August 19, 2012
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Finding and Applying for Federal Grants | Free Training Workshop for Faith-based and Community Organizations

The Region II Federal Partners Council and Faith-based and Neighborhood Partnerships Subcommittee are hosting a free training workshop for faith-based and community organizations on finding and applying for federal grants on Tuesday, August 28, 2012, from 9 am to 1 pm. at Mt.

August 14, 2012
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