Jose Peralta's posts related to Foreclosure

Senator Peralta Calls on Governor Paterson to Sign Mortgage Bill of Rights Legislation Prompted by Record Number of Foreclosures

Senator Jose Peralta, Assemblymember Hakeem  Jeffries and Comptroller John Liu are calling on Governor Paterson to sign the Mortgage Bill of Rights  Legislation, requiring  mortgage lenders and brokers to provide consumers with a detailed  document explaining the mortgage process and consumer rights and protections.  This bill will ensure that consumers receive ample information before they begin the voluminous mortgage  process. 

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Senator Jose Peralta Urges President Obama to Nominate Dr. Elizabeth Warren as Director of the Consumer Financial Protection Bureau

Click here to view Senator Peralta's letter to President Obama.

“As the Chair of the New York State Senate’s Consumer Protection Committee and State Senator representing over 300,000 New Yorkers, I have seen firsthand the devastating effects these challenging economic times have had on Americans. These distressing financial problems are often times compounded by the fact that many consumers simply do not know their rights and in many cases because they have been victims of predatory credit products.

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Senator Peralta Tackles Foreclosure

Queens Chronicle

by Elizabeth Daley

7/29/2010

Inspired by the high foreclosure rate across the country and in Queens, state Sen. Jose Peralta (D-Jackson Heights) joined allies City Comptroller John Liu and Assemblyman Hakeem Jeffries (D-Fort Greene) at City Hall on Tuesday to promote legislation requiring lenders and brokers to provide consumers with a document explaining the mortgage process, consumer rights and protections.

Peralta urged Gov. David Paterson to sign the legislation shortly after speaking to residents facing foreclosure in his district at a workshop last Thursday.

 

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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

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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.

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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.

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