December 2, 2020

DFS ANNOUNCES PAYMENT WITH PAYDAY DEBT COLLECTOR AND PAY DAY LOAN SERVICER LEADING TO ALMOST $12 MILLION OF LOAN FORGIVENESS FOR A HUGE NUMBER OF NEW CONSUMERS that are YORK

DFS ANNOUNCES PAYMENT WITH PAYDAY DEBT COLLECTOR AND PAY DAY LOAN SERVICER LEADING TO ALMOST $12 MILLION OF LOAN FORGIVENESS FOR A HUGE NUMBER OF NEW CONSUMERS that are YORK

Property owners could also register complaints with the Department web site, www.dfs.ny.gov. Additionally, information could be acquired 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., through Friday monday.

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

Watch out for whoever requests an upfront cost in change to get you a loan modification, saving your house from standard or stopping a property foreclosure or income income income tax purchase. Nyc legislation forbids the number of such charges generally in most situations. Additionally, numerous housing that is not-for-profit shall help you negotiate along with your loan provider 100% free.

Watch out for anybody who states they could keep your house in the event that you signal or move the deed to your dwelling up to them in order to get caught up in your mortgage repayments or refinance your loan. Never ever submit your home loan repayments to anybody apart from your home loan business without its approval.

The Department is delivering property foreclosure prevention experts to help property owners at web web sites throughout the state, specially where you will find high levels of property owners in or vulnerable to property property property foreclosure. The Department’s property foreclosure avoidance effort was released in February and it has checked out significantly more than a dozen websites within the state as an element of its outreach work.

Pr Release – June 01, 2012: Cuomo Management Program To Stem Foreclosures To Simply Help Homeowners In Buffalo

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 Services, today announced that Department of Financial solutions home loan property foreclosure prevention experts will likely to be open to offer make it possible to Buffalo area property owners who’re currently in property foreclosure or vulnerable to property foreclosure from 10 a.m. to 6 p.m., Monday, June 4 in Buffalo.

The Department’s property property property property property foreclosure avoidance professionals will undoubtedly be open to talk with property owners within the agency’s Cellphone Command Center, that will be situated in the workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

Governor Cuomo said “It is important that people offer just as much assistance that you can to homeowners that are financially-troubled. The aim would be to offer help that is direct homeowners and acquire the phrase out to other people so it’s crucial to inquire of for assistance as fast as possible. The longer a home owner waits, the harder it may possibly be to truly save a true house.”

Previously this 12 months, Governor Cuomo developed the Foreclosure Relief device within the Real Estate Finance device of DFS.

Senator Mark Grisanti stated: “a lot of New Yorkers have forfeit their houses because of the recession and too many continue to be prone to property property foreclosure. It is necessary for property owners to look for sincesistance 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 major urban centers across the nation. Within the Buffalo area, we’ve seen our housing stock decrease in modern times, and lots of property owners are actually dealing with property foreclosure. No body would like to see someone lose their house, particularly when there is hope. I will be happy that residents will get some help in whatever period they truly are in. I will be calling all property owners that are looking for help or have concerns to go to this event, get responses and acquire just the right assistance today.”

Sandra Becker, Senior Housing tools Manager, Belmont Housing Resources for WNY, stated: “Agencies like Belmont Housing Resources, which offer property property property property foreclosure prevention help, appreciate the state’s efforts keeping in mind the limelight from the foreclosure crisis and the option of solutions for homeowners whom need assistance. payday loans Nebraska It really is crucial to achieve New Yorkers nevertheless in need.”

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

  • Information regarding certain loan mod programs which can be accessible to home owners;
  • Help with exactly exactly exactly just just how property owners can register complaints because of the Department to make certain that instances of loan provider or home loan servicer abuses, such as for instance predatory financing methods, could be examined.

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

The property property foreclosure prevention experts will speak to home owners within the Department’s Cellphone Command Center, a 36-foot long automobile. Property owners should bring using them any papers highly relevant to their specific circumstances, such as for instance documents of mortgage repayments or letters for them from loan providers or home loan servicers.

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

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

Watch out for whoever wants a fee that is upfront change to get you a loan mod, saving your property from standard or stopping a property property foreclosure or income tax purchase. Ny legislation forbids the number of such charges in most instances. Additionally, numerous housing that is not-for-profit can help you negotiate together with your loan provider 100% free.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.