Jeffrey D. Klein's posts related to Banks

“ACCESS TO JUSTICE IN LENDING” ACT PASSES BOTH HOUSES OF STATE LEGISLATURE

Legislation Will Level the Legal Playing Field for Homeowners Facing Foreclosure

 

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KLEIN FIGHTS FOR HOMEOWNERS AGAINST UNNECESSARY INSURANCE COSTS

Throggs Neck seniors Lenore and Dominick Marano avoided being charged more than a thousand dollars in unnecessary insurance costs thanks to State Senator Jeff Klein (D-Bronx/Westchester). Klein worked with the Maranos' mortgage lender to help fight a nearly $1,400 increase in their annual flood insurance premium.

 

This spring, the Maranos received a letter from their bank with whom they have a mortgage stating that their flood insurance had to be dramatically extended. The letter said that their yearly flood insurance premium would double. Upon receiving this information, the Maranos immediately contacted Senator Klein’s office.

 

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New Year Brings Bank To Bronx Neighborhood For The First Time In Decades

Senator Klein, Bronx Borough President Diaz & Community Leaders Join Bank Officials To Announce Plans for Cross County Federal Savings Bank to Open in Van NestBRONX, NY – State Senator Jeff Klein (D- Bronx/ Westchester), Bronx Borough President Ruben Diaz, Jr. and Cross County Bank President Anthony Milone announced the start of construction for a Cross County Federal Savings Bank in Van Nest on Monday. The new bank will be the first personal banking institution located in Van Nest in more than fifteen years.

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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.

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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

 

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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. 

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)

Preventing the Next Prospect Ave. Tragedy:

Sen. Klein Releases Report on Dangerous Foreclosed Properties & Irresponsible Banks That Disregard the Law

 

File: 
Survey of REO Properties in NYC

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News 12 -- Sen. Klein: Neglectful banks putting residents at risk

(08/01/11) THE BRONX - State Sen. Jeffrey Klein warned residents Monday that banks are putting people in danger by neglecting foreclosed homes around the city.Klein released a survey that claims 2,000 bank-owned foreclosed properties in the city have nearly 4,000 open violations. A law was passed in 2009 that requires all banks to keep foreclosed properties up to code.

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.