Issues: Foreclosure




Initiative Part of Statewide Outreach Program to Help Homeowners

in Foreclosure and Those in Danger of Foreclosure

Benjamin M. Lawsky, Superintendent of Financial Services, today sent mortgage foreclosure relief specialists to Rockland County to provide direct assistance to homeowners struggling to save their homes because of the foreclosure crisis.

February 22, 2012

Senators Peralta and Smith Call For Extending State Foreclosure Prevention Program

Citing the alarmingly large number of families across the state facing foreclosure, State Senators Jose Peralta and Malcolm Smith are urging Governor Andrew Cuomo to fund a program that provides homeowners with counseling, legal assistance and help negotiating with banks.  Launched in 2008, funding for the $25 million Foreclosure Prevention Services Program expires next month.

February 9, 2012

Senator Montgomery Announces NYSABPRL's 41st Annual Legislative Conference Workshop & Event Schedule

The 41st Annual Legislative Conference of the NYS Association of Black and Puerto Rican Legislators will convene on Friday, February 17th and conclude on Sunday, February 19th, 2012. The theme of this year’s conference is “Open Doors to Employment, Opens Doors to Empowerment."

The Conference schedule of educational workshops and weekend-long events is included here in a pdf format that can be downloaded.  More information on the Legislative Conference may be obtained by visiting


February 9, 2012

Senator Lee Zeldin, Superintendent Ben Lawsky and Local Officials in Brentwood-Central Islip Hosting New York State Department of Financial Services’ Foreclosure Relief Unit

State Senator Lee Zeldin, Town of Islip Supervisor Thomas Croci and State Assemblyman Phil Ramos will be on hand, Thursday February 9th at 10 AM, to host the New York State Department of Financial Services Superintendent, Benjamin Lawsky, and the Foreclosure Relief Unit, in Brentwood, NY. This mobile unit will be on site in Brentwood all day (9am-7pm) to help families impacted by the foreclosure crisis.

WHO: State Senator Lee Zeldin, New York State Department of Financial Services Superintendent, Benjamin Lawsky, Town of Islip Supervisor Thomas Croci and State Assemblyman Phil Ramos.

WHAT: The New York State Department of Financial Services’ Foreclosure Relief Unit

February 9, 9:00 AM - 7:00 PM

NYS Foreclosure Prevention Services Program Campaign

Thousands of Distressed Homeowners Will Be Left in the Lurch—and Communities Devastated – by Imminent Loss of State Funding for Foreclosure Prevention Housing Counseling and Legal Defense

 Elected Officials, Advocates and Homeowners Call for

Funding in New York State’s Budget for Foreclosure Prevention

February 1, 2012

Klein Kicks off Key Campaign with Foreclosure Prevention Advocates and Colleagues


Thousands of Distressed Homeowners Will BeLeft in the Lurch—and Communities Devastated – by

January 31, 2012

Independent Democratic Conference Releases 2012 Legislative Agenda


NEW YORK, NY - The Independent Democratic Conference  released its 2012 legislative agenda Thursday aimed at strengthening this state's economy, improving the lives of New York residents, and preserving New York's progressive tradition.

The agenda was released on the anniversary of the IDC's formation and after a successful year that saw many of the conference's 2011 priorities made into law.

January 8, 2012

State Program Helps Families Facing Foreclosure

WNBC reports on

A Queens family that has the state's foreclosure prevention program to thank for keeping them in their house this holiday season.

View full video here

November 29, 2011

Senator Adams, Senator Klein, other elected officials and organizations advocate for foreclosure prevention services funding

Senator Eric Adams, Senator Jeffrey Klein and other elected officials held a press conference to call upon the Governor to include funding for foreclosure prevention services in the 2012-2013 budget.  Last year, the budget did not include any funding for foreclosure prevention services.  Many New Yorkers are facing foreclosure on their homes, affecting communities all over the State.

November 22, 2011

No More Home for the Holidays

Sen. Klein, State, Citywide Officials & Advocates Call on State to Restore Critical Funding to Help New Yorkers Stay in Their Homes

November 21, 2011

Senator Reverend Ruben Diaz Proposes Legislation to Protect Homeowners from Foreclosure

November 18, 2011

For Immediate Release

New York State Senator Reverend Ruben Diaz (D-Bronx) has drafted legislation to amend the State’s real property actions and proceedings law to impose stricter requirements on lenders, assignees and mortgage servers by requiring them to submit an affidavit to the court prior to commencing foreclosure proceedings, attesting under oath they own the property being foreclosed. Should they not be able to subsequently prove this during the foreclosure proceedings, they will be guilty of a class E felony. Recently enacted in Nevada, the foreclosure rates declined over 90%.

Senator Diaz, a Member of the New York State Senate Housing Committee and Banking Committee stated:

November 18, 2011

Senator Lee Zeldin Hosts Home Mortgage Information Seminar for Residents of the 3rd Senate District

Central Islip, N.Y. – Recognizing that many communities within the 3rd Senate District were among the hardest hit by the recent foreclosure crisis, State Senator Lee M. Zeldin (R, C, I- Shirley) hosted a Home Mortgage Informational Seminar this past Wednesday, November 2, 2011, at the Central Islip High School.

Representatives from the Economic Opportunity Council (E.O.C.) of Suffolk County and the Long Island Housing Partnership, Inc., were on hand to provide one-on-one counseling with the many individuals who were in attendance. Presentations were also made on various topics, including the Federal Homes Affordable Act (HAMP) modification loan procedures, short sales, deed in lieu of foreclosure, mortgage redemption, and forbearance.

November 7, 2011

CBS National News Reports on Senator Klein's Work on the Ripple Effects of Foreclosures

Senator Jeff Klein, (D-Bronx/ Westchester) is featured in a national story from CBS news on the ripple effects of the foreclosure crisis. The piece focuses on the Bronx-based Marsh family, whose home became unlivable last spring due to damage caused by a fire at an adjacent foreclosed home.

November 5, 2011

Senator Krueger's Albany Update Fall 2011: Your Housing Rights

Dear Neighbor,

With the growing shortage of affordable housing—for both renters and homeowners—there has never been a more important time to understand your rights and how current housing laws apply to you. There is not enough space to address all the pertinent facts, rights, and obligations so this newsletter covers the issues which come up most often in my District Office. You should be aware, however, that there are exceptions to many of the regulations and programs outlined here.

Fall 2011 Housing Rights Newsletter.pdf

November 4, 2011

Foreclosure and Homeownersip Preservation

News From New York StateSenator Shirley L. HuntleyContact: Bryant G.

November 4, 2011

Senator Peralta Calls For Extending State Foreclosure Prevention Program

Arguing that “investing in foreclosure prevention saves money,” State Senator Jose Peralta is urging Governor Andrew Cuomo to continue funding a program that provides homeowners with counseling, legal assistance and help negotiating with banks.

In a letter to the governor citing alarmingly high rates of seriously delinquent mortgages in his senate district, Senator Peralta calls for extending the state’s Foreclosure Prevention Services Program.  Launched in 2008, funding for the $25 million initiative expires at the end of the year.

October 28, 2011

Huffington Post Op-Ed: Beyond the Occupation

By State Senator Daniel Squadron and Assemblyman Rory Lancman

Much has been made of the lack of specific demands of the Occupy Wall Street protesters.   But the themes underlying the protests are clear: accountability on Wall Street for the financial crisis that tanked the global economy; shared sacrifice as we pull ourselves out of an economic mess that the middle class and working poor didn't create; and a political system controlled by people, not corporations.

October 7, 2011

Housing Seminar Hosted by Beulah Church of the Nazarene

On Saturday, September 24, Beulah Church of the Nazarene, located at 1250 St. Johns Place in Brooklyn, hosted a Housing Seminar offering educational seminars for home buyers – linking bankers, attorneys and real estate professionals with potential buyers, and information on low-income housing, landlord/tenant rights, foreclosure prevention and NYC housing lottery.

September 27, 2011
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