DFS ANNOUNCES PAYMENT WITH PAYDAY DEBT COLLECTOR AND PAY DAY LOAN SERVICER LEADING TO ALMOST $12 MILLION OF LOAN FORGIVENESS FOR TENS OF THOUSANDS OF NEW YORK CONSUMERS

  • Information regarding particular mortgage loan modification programs which might be open to home owners;
  • Help with exactly just exactly how home owners can register complaints using the Department in order that situations of lender or home loan servicer abuses, such as for instance predatory lending methods, is examined.

    • U.S. Housing and Urban developing (HUD) authorized housing counselors will be available also.

    The property foreclosure prevention experts will talk with home owners within the Department’s Cellphone Command Center, a 36-foot vehicle that is long. Property owners should bring using them any documents highly relevant to their specific situations, such as for example documents of home loan repayments or letters for them from loan providers or home loan servicers.

    Home owners might also register complaints utilizing the Department site, www.dfs.ny.gov. Additionally, information might be obtained by calling the Department’s toll-free property foreclosure hotline, 1-800-269-0990 or 518-457-1654, from 8:30 a.m. to 4:30 p.m., Monday through Friday.

    DFS urged property owners to keep clear of home loan rescue frauds, which might be marketed by private companies.

    Watch out for anybody who wants a fee that is upfront trade to get you a loan mod, saving your house from standard or stopping a property property foreclosure or income income tax purchase. Nyc legislation forbids the number of such charges more often than not. Additionally, numerous housing that is not-for-profit shall help you negotiate along with your loan provider at no cost.

    Watch out for anybody who states they are able to save your valuable home in the event that you sign or move the deed to your dwelling up to them to help you get up in your mortgage repayments or refinance your loan. Never ever submit your home loan repayments to anybody aside from your home loan business without its approval.

    The Department is delivering property foreclosure prevention professionals to help property owners at web web web sites throughout the state, specially where you can find high levels of home owners in or payday loans South Dakota vulnerable to property property foreclosure. The Department’s property property foreclosure avoidance effort was released in February and it has checked out a lot more than a dozen websites into the state included in its outreach effort.

    News Release – 01, 2012: Cuomo Administration Program To Stem Foreclosures To Help Homeowners In Buffalo june

    Contact: Ron Klug, 518-486-6976

    CUOMO MANAGEMENT PROGRAM TO STEM FORECLOSURES TO SIMPLY HELP HOMEOWNERS IN BUFFALO

    Department of Financial Services Foreclosure Prevention experts accessible to Meet Homeowners at Belmont Housing Resources, 1195 principal St., Buffalo, 10 a.m. to 6 p.m., Monday, June 4

    Media Availability at 10:45 a.m.

    Governor Andrew M. Cuomo and Benjamin M. Lawsky, Superintendent of Financial solutions, announced that Department of Financial Services mortgage foreclosure prevention specialists will be available to offer help to Buffalo area homeowners who are already in foreclosure or at risk of foreclosure from 10 a.m. to 6 p.m., Monday, June 4 in Buffalo today.

    The Department’s property foreclosure avoidance professionals are offered to talk with property owners within the agency’s mobile phone Command Center, which is found during the workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

    Governor Cuomo said “It is important that people offer the maximum amount of assistance as you can to homeowners that are financially-troubled. The target is always to offer help that is direct homeowners and acquire the phrase off to other people so it’s crucial to inquire of for sincesistance as soon as possible. The longer a home owner waits, the harder it could be to truly save house.”

    Early in the day this 12 months, Governor Cuomo created the Foreclosure Relief device within the true Estate Finance device of DFS.

    Senator Mark Grisanti stated: “a lot of New Yorkers have lost their domiciles due to the recession and quite a few are nevertheless susceptible to property property foreclosure. It is necessary for home owners to look for help as quickly as feasible when they’re in economic difficulty. We appreciate the Department’s efforts to create make it possible to homeowners that are struggling the Buffalo area.”

    Assemblywoman Crystal D. Peoples-Stokes said: “It is regrettable that the housing property property property foreclosure crisis has greatly affected cities that are major the nation. When you look at the Buffalo area, we now have seen our housing stock decrease in the past few years, and lots of home owners are now actually foreclosure that is facing. No body would like to see someone lose their property, specially when there is hope. I’m happy that residents could possibly get some support in whatever period they’ve been in. I will be calling all property owners that are looking for help or have concerns to go to this occasion, get responses and acquire just the right assistance today.”

    Sandra Becker, Senior Housing products Manager, Belmont Housing Resources for WNY, said: “Agencies like Belmont Housing Resources, which offer property property foreclosure prevention support, appreciate the state’s efforts to keep the limelight regarding the crisis that is foreclosure the accessibility to services for homeowners whom need assistance. It’s important to achieve New Yorkers nevertheless in need.”

    The Department’s property property foreclosure avoidance experts will speak to property owners to evaluate where these are generally within the pre-foreclosure or process that is foreclosure. They shall provide:

    • Information regarding particular loan mod programs which might be offered to home owners;
    • Assistance with exactly just how property owners can register complaints because of the Department to ensure that situations of loan provider or home loan servicer abuses, such as for instance predatory financing techniques, may be examined.

    U.S. Housing and Urban developing (HUD) approved housing counselors will additionally be available.

    The property property foreclosure prevention experts will talk with property owners within the Department’s mobile phone Command Center, a 36-foot vehicle that is long. Property owners should bring from lenders or mortgage servicers with them any documents relevant to their individual situations, such as records of mortgage payments or letters to them.

    Property owners might also register complaints with the Department internet site, www.dfs.gov that is.ny. Additionally, information might be acquired by calling the Department’s toll-free property property property property foreclosure hotline, 1-800-269-0990 or 518-457-1654, from 8:30 a.m. to 4:30 p.m., Monday through Friday.

    DFS urged property owners to be skeptical of home loan rescue frauds, which might be marketed by personal organizations.