DFS ANNOUNCES PAYMENT WITH PAYDAY DEBT COLLECTOR AND PAYDAY LOAN SERVICER LEADING TO ALMOST $12 MILLION OF LOAN FORGIVENESS FOR 1000S OF NEW YORK CONSUMERS

  • Information about particular loan mod programs which might be open to home owners;
  • Help with exactly how property owners can file complaints aided by the Department to ensure instances of mortgage or lender servicer abuses, such as for example predatory financing methods, may be examined.
  • U.S. Housing and Urban developing (HUD) authorized housing counselors will be available also.

    The property property foreclosure prevention experts will talk with home owners in 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.

    Home owners might also register complaints utilising the Department site, www.dfs.gov that is.ny. Additionally, information could be acquired by calling the Department’s toll-free 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 home owners to be skeptical of home loan rescue scams, which can be marketed by personal companies.

    Watch out for anybody who requests an upfront charge in change to get you that loan mod, saving your property from standard or stopping a property foreclosure or income tax purchase. Ny legislation prohibits the number of such charges more often than not. Also, numerous housing that is not-for-profit will allow you to negotiate together with your loan provider free of charge.

    Watch out for anybody who claims they could save your valuable home so you can catch up on your mortgage payments or refinance your loan if you sign or transfer the deed to your house over to them. Never ever submit your mortgage repayments to anybody aside from your home loan business without its approval.

    The Department is giving property foreclosure prevention experts to help property owners at internet internet web sites over the state, specially where you can find high concentrations of home owners in or prone to property property property foreclosure. The Department’s property foreclosure avoidance effort premiered in February and it has checked out significantly more than a dozen web sites into the state as an element of its outreach work.

    Pr 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 offered 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 property foreclosure avoidance experts will undoubtedly be offered to talk with property owners when you look at the agency’s Cellphone Command Center, that will be positioned at the working workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

    Governor Cuomo said “It is really important that people offer just as much help that you can to financially-troubled home owners. The aim is always to offer direct assist to homeowners and obtain the phrase out to online payday loans California residents other people so it’s essential to inquire of for help as fast as possible. The longer a home owner waits, the harder it may possibly be to truly save house.”

    Earlier this Governor Cuomo created the Foreclosure Relief Unit within the Real Estate Finance Unit of DFS year.

    Senator Mark Grisanti said: “a lot of New Yorkers have forfeit their houses due to the recession and too many remain susceptible to property foreclosure. It is important for home owners to look for assistance as quickly as feasible when they’re in monetary difficulty. We appreciate the Department’s efforts to create assist to homeowners that are struggling the Buffalo area.”

    Assemblywoman Crystal D. Peoples-Stokes said: “It is regrettable that the housing property property foreclosure crisis has greatly affected major metropolitan areas across the united states. Into the Buffalo area, we now have seen our housing stock decrease in modern times, and several property owners are actually dealing with property foreclosure. Nobody really wants to see someone lose their house, particularly when there is hope. I will be happy that residents will get some support in whatever stage they truly are in. I will be calling all home owners who’re looking for help or have concerns to go to this occasion, get responses and acquire the best assistance today.”

    Sandra Becker, Senior Housing tools Manager, Belmont Housing Resources for WNY, stated: “Agencies like Belmont Housing Resources, which offer foreclosure prevention support, appreciate the state’s efforts in order to keep the limelight regarding the crisis that is foreclosure the accessibility to solutions for homeowners who require assistance. It’s vital to achieve New Yorkers nevertheless in need.”

    The Department’s property foreclosure avoidance experts will talk with property owners to evaluate where they’ve been within the pre-foreclosure or foreclosure procedure. They will provide:

    • Information on certain mortgage loan modification programs that might be offered to home owners;
    • Help with just exactly how property owners can register complaints aided by the Department in order that instances of mortgage or lender servicer abuses, such as for instance predatory financing methods, may be examined.

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

    The property property foreclosure prevention experts will talk with property owners in the Department’s mobile phone Command Center, a 36-foot vehicle that is long. Home 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.

    Home owners might also register complaints utilizing the Department internet site, www.dfs.gov that is.ny. Additionally, information can be acquired by calling the Department’s toll-free 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 can be marketed by personal organizations.