Jeffrey D. Klein's posts related to Predatory Lending

SENATE PASSES KLEIN BILL TO PROTECT HOMEOWNERS

Bill Will Significantly Decrease Pervasive Loan Modification Scams

 

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“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 HOLDS SIGN UP FOR REALTOR NON-SOLICITATION LIST

Senator Klein Opens Office for Bronx Homeowners to Register to Protect Themselves from Unscrupulous Realtors

 

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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.

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.

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Senator Klein Discusses the Sub-Prime Auto Loan Issue at Hearing Held By Senate Committee on Banks

State Senator Jeff Klein along with Senator Diane Savino and the Senate Banks Committee examine the sub-prime auto loan and auto title loan industry at a hearing on Wednesday to determine possible legislative and/or regulatory solutions. The Committee spoke with experts to determine how to best protect consumers from harmful business practices without impeding on financing options for low-income individuals. 

Senators Klein & Savino Reveal Top Predatory Subprime Auto Lending Practices in New York

Investigative report proposes legislative remedies to tricky tactics, fraudulent practices and deceptive scams unscrupulous city car dealers are using to prey on financially vulnerable New Yorkers

File: 
Full Report

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Senators Klein & Savino Reveal Top Predatory Subprime Auto Lending Practices in New York

Investigative report proposes legislative remedies to tricky tactics, fraudulent practices and deceptive scams unscrupulous city car dealers are using to prey on financially vulnerable New Yorkers

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State Senate Passes Klein & Savino Bills to Combat Predatory Auto Lending Practices in New York State

Albany, NY— Independent Democratic Conference Leader State Senator Jeff Klein (D-Bronx/Westchester) and State Senator Diane Savino (D-Staten Island/Brooklyn) announced Tuesday that the State Senate passed two critical pieces of legislation they sponsor aimed at  predatory subprime auto lending in New York.

Senator Klein’s bill (S.5485A) increases required surety bonds used car dealerships must hold as a consumer protection from $10,000 to $100,000 if the used car dealership sells more than 50 cars annually. Smaller used car dealers can take out $20,000 bonds if they sell fewer than 50 vehicles a year.

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