Joseph P. Addabbo Jr's posts related to Foreclosure

ADDABBO: SENATE MOVES TO EMPOWER HOMEOWNERS FACING FORECLOSURE

Law Penalizes Lenders Who Fail to Engage in Good-Faith Foreclosure Settlement Negotiations

Queens, NY, July 12, 2010 – NYS Senator Joseph P. Addabbo, Jr., announced today that in an effort to help more New Yorkers remain in their homes, the New York State Senate passed critical legislation that he supported (S7798A), empowering homeowners facing foreclosure to take action when lenders fail to meet their obligation of entering into good-faith settlement negotiations at “settlement conferences.”

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ADDABBO CO-SPONSORS FORECLOSURE FRAUD PREVENTION ACT OF 2012

Senator Will Introduce Further Bill Enacting a One-Year Moratorium on NYS Foreclosures to Assist Struggling Homeowners and Reduce Future Abandoned Homes 

 

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