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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 YORK CONSUMERS

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 YORK CONSUMERS

Home owners could also register complaints utilizing the Department internet site, www.dfs.ny.gov. Additionally, information might be acquired by calling the Department’s toll-free property property property foreclosure hotline, 1-800-269-0990 or 518-457-1654, from i thought about this 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 companies.

Watch out for whoever wants an upfront charge in trade so you can get you a mortgage loan modification, saving your house from standard or stopping a property foreclosure or income income income income tax purchase. Nyc legislation forbids the number of such costs in many instances. Additionally, numerous housing that is not-for-profit will allow you to negotiate along with your loan provider at no cost.

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

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

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 ASSIST HOMEOWNERS IN BUFFALO

Department of Financial Services Foreclosure Prevention experts open 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 is supposed to be offered to talk with property owners into the agency’s Cellphone Command Center, that will be situated at the working workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

Governor Cuomo said “It is really important that individuals offer just as much assistance as you can to financially-troubled property owners. The target is always to offer help that is direct homeowners to get the phrase out to other people so it’s essential to inquire about for becausesistance as fast as possible. The longer a home owner waits, the harder it may possibly be to truly save house.”

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

Senator Mark Grisanti stated: “a lot of New Yorkers have forfeit their domiciles as a consequence of the recession and quite a few continue to be prone to property property property foreclosure. It is important for home owners to look for help as quickly as feasible if they are in economic trouble. We appreciate the Department’s efforts to create assist to struggling home owners in the Buffalo area.”

Assemblywoman Crystal D. Peoples-Stokes said: “It is regrettable that the housing property property property foreclosure crisis has heavily affected cities that are major the nation. Within the Buffalo area, we’ve seen our housing stock decrease in modern times, and several property owners are actually foreclosure that is facing. No body would like to see someone lose their property, specially when there is hope. I will be happy that residents could possibly get some help in whatever stage they’ve been in. I’m calling all home owners who will be looking for help or have concerns to go to this occasion, get responses and acquire the best assistance today.”

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

The Department’s property property property foreclosure avoidance experts will speak to home owners to evaluate where they have been within the pre-foreclosure or process that is foreclosure. They shall provide:

  • Details about particular loan mod programs that might be accessible to home owners;
  • Assistance with just exactly exactly how home owners can register complaints aided by the Department making sure that situations of mortgage or lender servicer abuses, such as for example predatory financing methods, are examined.

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

The property property foreclosure prevention professionals will speak to home owners in the Department’s Cellphone 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 could also register complaints utilising the Department web site, www.dfs.ny.gov. 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., through Friday monday.

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

Watch out for anybody who wants an upfront charge in trade to get you that mortgage loan modification, saving your house from standard or stopping a property property property foreclosure or income tax purchase. Nyc legislation forbids the number of such costs in many situations. Additionally, numerous housing that is not-for-profit can help you negotiate together with your loan provider 100% free.

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