Issues: Banks

Klein Says Banks Must Maintain Foreclosed Properties

July 8 (Bloomberg) -- New York State Senator Jeff Klein talks with Bloomberg Law's Lee Pacchia about the fiscal challenges facing the New York, the economic impact of the Marriage Equality Act and legislation to require lenders to maintain foreclosured properties. (Source: Bloomberg)(Bloomberg)

July 9, 2011
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News 12 Covers Senator Klein and Van Nest Community Welcoming 1st Neighborhood Bank in 20 Years

Bronx, N.Y. -- State Senator Jeffrey D. Klein, (D-Bronx/ Westchester), and Bronx Borough President Ruben Diaz Jr. proudly joined U.S. Rep. Joseph Crowley and members of the Van Nest community today for the official opening of the first bank in the neighborhood in more than 20 years. The bank, a branch of the Cross County Federal Savings Bank, opened its doors at 791 Morris Park Ave. The absence of a bank has hampered community revitalization efforts and has been a cause of great inconvenience for neighborhood residents who have to travel to other neighborhoods to do their banking. 

July 1, 2011
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Sen. Klein, Bronx Borough President Diaz Welcome 1st Van Nest Bank in 20 + Years

Cross County Branch Key Ingredient to Neighborhood Revitalization

 

June 27, 2011
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June 30, 5:00 PM - 9:00 PM
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HISTORIC LAND BANK BILL PASSES STATE SENATE

Land Banks are a Long-Term Solution to Problem of Vacant Properties

Senator David Valesky (D-Oneida) announced the unanimous passage of legislation (S663A) he sponsored in the State Senate that would allow for the creation of land banks in New York State. 

June 20, 2011
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Committee Meeting: Banks Meeting

Senate Standing Committee on Banks Senator Joseph Griffo, Chair 10:30 AM, Tuesday, June 7, 2011 Room 611 LOB

June 7, 10:30 AM - 10:45 AM
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Committee Meeting: Banks Meeting

Senate Standing Committee on Banks Senator Joseph Griffo, Chair 12:30 PM, Wednesday, June 1, 2011 Room 611 LOB

June 1, 12:30 PM - 12:35 PM
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Committee Meeting: Banks Meeting

Senate Standing Committee on Banks Senator Joseph Griffo, Chair 10:00 AM, Wednesday, May 18, 2011 Room 332 CAP

May 18, 10:00 AM - 10:40 AM
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Northwest Savings Bank Expands to Brighton

On Thursday, April 28th, Senator Robach had the privilege to attend a ribbon-cutting ceremony at the newest Northwest Savings Bank location. The branch, located at 1441 Monroe Ave. in Brighton, opened for business last Thursday and donated $1,000 to Brighton Volunteer Ambulance during the ceremony. Northwest Savings Bank has other locations throughout our area in Greece, Gates, Penfield, and downtown.

May 2, 2011
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4/23/2011: Home Rescue Fair

News From New York StateSenator Shirley L. HuntleyFor Immediate Release: April 28, 2011Contact: Antonio Rodriguez | arodrigu@nysenate.gov | (518) 455-3531

*Press Release*

Getting The Facts About Foreclosure

(D-Jamaica) On Tuesday, April 19th at Mt. Zion Baptist Church and Saturday, April 23rd at York College.  Senator Shirley L. Huntley, Councilman Ruben Wills, and Councilman Leroy Comrie, Jr., in cooperation with the Connect Queens Campaign and many other sponsors held meetings and workshops discussing and helping educate residents about foreclosure prevention and preserving homeownership.

April 23, 2011
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NYS Senator Eric Adams Unites With Community Organizations (NY Communities For Change) And Constituents To Urge Chase Bank To Provide Affordable Mortgage Modifications For All New Yorkers

On Saturday, April 16, 2011, NYS Senator Eric Adams united with community organizations and constituents to urge Chase bank to provide affordable mortgage modification for all New Yorkers.

Chase, the country’s third largest mortgage servicer, has done a woefully inadequate job in mitigating high-cost, defaulting home loans.  According to the Center for New York City Neighborhoods Inc., only 6% of Chase-serviced borrowers have obtained a permanent loan modification; 80% of homeowners requesting a mortgage modification from Chase have never received proper consideration. 

April 19, 2011
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Condo Tax Abatement Disclosure

News From New York StateSenator Shirley L. HuntleyFor Immediate Release: April 18, 2011Contact: Bryant G. Gaspard | gaspard@nysenate.gov | (518) 455-3531

*Press Release*

Senator Shirley L. Huntley Enhances Protections for Condo Owners, Extends Transparency in Tax Abatement Process

April 18, 2011
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Homeownership Preservation Town Hall Meeting

Southeast Queens is at the epicenter of the national mortgage crisis. Homeowners in the district, I represent continue to need access to information and quality services, at a time when the media and federal government’s attention are beginning to move away from the plight of homeowners. Our community is built around the institutions of church and family. We must draw on these strengths to build the supportive environment that homeowners at-risk of foreclosure will need now and in the future. The obstacles that many of them face prevents stable and long-term homeownership from occurring within our communities.

April 19, 6:00 PM - 8:30 PM
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Foreclosure Prevention Aid

News From New York StateSenator Shirley L. HuntleyFor Immediate Release: April 15, 2011Contact: Antonio Rodriguez | arodrigu@nysenate.gov | (518) 455-3531

**Press Release**

Foreclosure Prevention Aid is Vetoed

April 15, 2011
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First Budget Bills Receive Approval

ALBANY, 03/29/11 – State Senator James L.

March 30, 2011
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Committee Meeting: Banks Meeting

Senate Standing Committee on Banks Senator Joseph Griffo, Chair 10:00 AM, Wednesday, March 30, 2011 Room 611 LOB

March 30, 10:00 AM - 10:05 AM
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KLEIN CALLS FOR ACTION TO RENEW FUNDING FOR FORECLOSURE PREVENTION SERVICES

Elected Officials and Foreclosure Prevention Providers push for immediate action in the 2012 Executive Budget

BRONX, NY – State Senator Jeff Klein (D- Bronx/ Westchester) and Senator Gustavo Rivera (D-Bronx) joined Foreclosure Prevention Providers at the Bronx County Courthouse on Friday to call for the renewal of funds for the Foreclosure Prevention Services Program in the 2012 Executive Budget.

March 18, 2011
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