Klein And Senate Dems Unveil Updated Analysis Of Sub-prime Mortgage Crisis

New York up to a tie for the fifth-highest projected foreclosure rate in the nation.  Of the sub-prime mortgages originated in 2005, more than 20% are expected to eventually end in foreclosure.


Albany, we will use what we learned to correct the loopholes that have caused this situation to get out of hand.

August 27, 2007

Senate Democrats Hear Predatory Lending Horror Stories

20% of, or 28,000, sub-prime mortgage loans originated in 2005, are headed for foreclosure, Senator Ruth Hassell-Thompson (D-Bronx/Westchester)), and Assemblyman Carl Heastie lead the fifth of several state-wide hearings on predatory lending practices in New York.

August 21, 2007

Summer Concerts In Full Swing!

BRONX-Senator Jeff Klein enjoyed another fantastic evening at the Marvelette's Concert on City Island: yet another free concert which he sponsors as part of the Summer Symphonies Series. Area residents turned out in droves to hang out with their Senator and listen to doo-wop classics from one of the original girl groups of the Motown Era.

August 20, 2007

Klein Mingles With Crowd At Summer Concert Series

BRONXVILLE-Dropping by one of his Summertime Symphonies, Senator Klein met with residents of Bronxville as they enjoyed an evening of free music performed by Jason Nazzaro. Senator Klein addressed the eager crowd, speaking of his own love of music and the pleasure of summer nights. The concert was one in a series that the Senator is sponsoring yet again, throughout the 34th senate district.

August 16, 2007

Klein Co-hosts Dmv Mobil Outreach Program

Fordham Road. DMV responded by offering to hold a Mobile Outreach Event in Senator Klein's district office to provide services for area residents in a more convenient setting.  Individuals renewed licenses and were able to apply for non-driver I.D.'s, among other services. The Mobile Outreach unit proved to be an efficient solution, offering individuals all the services of the DMV in the convenience of their own neighborhood.

August 16, 2007

Senators Johnson, Klein, Hold Predatory Lending Forum

Long Island.

The forum, held at the Elmont Public Library, is the latest in a series of statewide public hearings headed by Senator Jeff Klein, (D-Bronx/Westchester) that examines the pitfalls of sub-prime mortgages.

The evidence and testimony gathered during these hearings will help develop legislative safeguards that will protect consumers and hold unscrupulous lenders accountable, Senator Johnson said.

August 8, 2007

Senators Stewart-cousins And Klein Sponsor Public Forum On Predatory Lending

Westchester has jumped 44 percent in the first quarter of 2007. Homeowners looking for a helping hand have ended up with a nightmare. Our office has received complaints regarding the outrageous, horrific and unscrupulous practices of some mortgage lenders.

July 31, 2007

Senator Klein To Hold Weekend Office Hours In Your Community

BRONX, New York-Senator Jeff Klein (D-Bronx/Westchester) will once again hold his weekend office hours in communities throughout the district. In an effort to make state government more accessible to residents, Senator Klein is providing opportunities for constituents to meet with him at more convenient times and locations. Senator Klein will address constituent concerns and offer general office services. Residents are encouraged to stop by to meet with the Senator and exchange ideas.

July 26, 2007

Klein & MTA Bring Better Bus Service To Bronx

Stranded at the Stop: An Analysis of New York City Express Bus Service.

The study found certain problems with the reliability of express bus service, for which the Senator made five major recommendations. In response to constituent concerns about a lack of on-time service Senator Klein has been working with the MTA Bus Company to address these issue.

July 25, 2007

Tied To Terrorism

NEW YORK—As a follow-up to his June 2007 analysis of New York State pension fund assets which found that $12 billion of New York's total $75 billion in equity assets are invested in companies that do business with nations that sponsor terrorism, Senator Jeff Klein (D-Bronx/Westchester), today released further information about the exact amount of money invested in companies doing business with Iran, North Korea, Sudan and Syria.

Syria (approx.

July 24, 2007

Westchester Democratic Delegation Announces Funding Increases For Crime Prevention Initiatives

New York City plagued with more than 80% of statewide crime, excluding the city. Total funding for Operation IMPACT will increase from $14.9 million to $17 million.

According to statistics provided by the Governor's office, crime in counties where Operation IMPACT has been implemented is down by 5%.

July 20, 2007

Klein Keeps Officers Fit

YONKERS, NY-Joined by members of the 2nd Precinct Community Council, Senator Klein toured the excercise facilities at the 2nd Police Precinct and did a few laps onthe machinesthat his $7,500 donation helped purchase.Lt. Christopher Melvin thanked the Senator for his continueing dedication to the precinct, citing the importance of physical fitness to the work of the police force."I am glad that the precinct was able to make good use of the grant. The vitality of our officers is synonymous with the vitality of our community.

July 16, 2007

Senate Democrats Hold Hearings On Predatory Lending

20% of, or 28,000, sub-prime mortgage loans originated in 2005, are headed for foreclosure, Senator Velmanette Montgomery (D-Brooklyn), Senate Minority Leader Malcolm Smith (D-Queens), and Senator Martin Connor (D-Manhattan/Brooklyn), the ranking Democrat on the Committee on Banking, Senator Shirley Huntley (D-Queens), and Senator Diane Savino (D-Staten Island/Brooklyn) lead the first of several state-wide hearings on predatory lending practices in New York.

July 10, 2007

Klein Cuts Check For Camping

BRONX-Senator Klein stopped by Boy Scout Troop #182 last Thursday to present a check for $1000 to eager scouts. Klein, an avid fisherman, spoke briefly about his own enjoyment of the outdoors, the importance of public service, and the role organizations like the Boy Scouts of America serve to promote civic mindedness and physical activity in young people. When asked how they intend to spend the money, the troop leader responded that he hoped it would help support the cost of camping trips, an important activity in the life of a young scout.

July 2, 2007

Klein Back In The Community!

BRONX-With the close of the 2007 legislative session Senator Jeff Klein is happy to be back in the community, out and about discussing the issues that matter with residents of the Bronx and Westchester. The following are some of the week's highlights:On Tuesday, Senator Klein dropped by the Allerton Avenue club house to chat with seniors about a variety of issues from congestion pricing, to terror-free investing, to campaign finance reform.

June 29, 2007

New York Salutes America

BRONX-Once again Orchard Beach saw an explosion of colors and charisma as Senator Klein and Bronx Borough President Carrionhosted the3rd Annual New York Salutes America Celebration. Over 5000 people swarmed the beach for an evening of live music, face painting, carnival fun, and a private BBQ reception. The West Point Color Guarde kicked off the opening ceremonies as the NYC Transit Pipes and Drums, joined by dozens ofBronx veterans, lead the crowd in Amazing Grace.

June 29, 2007

Terrorist Treasury

As the sole trustee, the Comptroller is responsible for the Common Retirement Fund, which represents The New York State and Local Employees’ Retirement System, and the Police and Fire Retirement System, providing pension, death and disability benefits for state and local government employees and employees of certain other participating employers.

June 18, 2007

Morris Park Gets Blitzed

snubbed the community’s appeal for an explanation.

Bronx, yet is only the seventh most populated precinct in the borough.

On average, Morris Park residents receive 10,000 tickets per month. The community is rivaled by only the 43 precinct which has almost identical numbers, and the 52nd precinct which wrote 37,550 tickets over the course of three months (Jan-March).

June 15, 2007

Klein Tours Accident Site With Dot

BRONX, NY, June 8th-Disturbed by the recent accidental death of a 21 year old Ferry Point resident at the intersection of Lafayette Avenue and the Hutchinson Parkway, Senator Klein brought together members of the community and the United States PostalService for a site visit with the Bronx Borough Commissioner of the Department of Transportation, Ms. Constance Moran and the Borough Engineer, Mr.

June 11, 2007