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

  • Details about certain loan mod programs that might be offered to home owners;
  • Help with exactly just just 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 be available also.

    The foreclosure prevention professionals will talk with property owners in the Department’s Cellphone 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.

    Property owners might also register complaints making use of the Department internet site, www.dfs.gov that is.ny. Additionally, information might 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 frauds, which might be marketed by personal organizations.

    Watch out for anybody who requests a fee that is upfront change to get you that mortgage loan modification, saving your house from standard or stopping a property property foreclosure or income tax purchase. Nyc legislation forbids the assortment of such costs in many situations. Also, numerous housing that is not-for-profit will allow you to negotiate together with your loan provider at no cost.

    Avoid anybody who states they could keep your house in the event that you signal or move the deed to your residence up to them to help you get caught up on your own home loan 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 foreclosure prevention professionals to help property owners at web internet sites throughout the state, especially where you will find high levels of home owners in or prone to property property property foreclosure. The Department’s property foreclosure avoidance effort premiered in February and contains checked out significantly more than a dozen internet sites into the state included in 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 GREATLY HELP 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.

    onlineloanslouisiana.com/

    The Department’s property property property foreclosure avoidance professionals will undoubtedly be open to talk with home owners into the agency’s mobile phone Command Center, that will be positioned during the workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

    Governor Cuomo said “It is vital that people offer the maximum amount of assistance as you possibly can to financially-troubled home owners. The aim is always to offer direct help homeowners and obtain the phrase off to other people it’s crucial to inquire of for help as soon 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 actual 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 will always be vulnerable to property property foreclosure. It is important for home owners to look for assistance because quickly as possible when they’re in economic trouble. We appreciate the Department’s efforts to create help homeowners that are struggling the Buffalo area.”

    Assemblywoman Crystal D. Peoples-Stokes said: “It is regrettable that the housing property foreclosure crisis has greatly affected cities that are major the nation. Within the Buffalo area, we now have seen our housing stock decrease in the past few years, and several home owners are now actually dealing with property foreclosure. No body really wants to see someone lose their house, particularly when there is hope. I will be happy that residents could possibly get some support in whatever period they’ve been in. I will be calling all home owners that are looking for help or have concerns to wait this occasion, get responses to get the proper help today.”

    Sandra Becker, Senior Housing products Manager, Belmont Housing Resources for WNY, stated: “Agencies like Belmont Housing Resources, which offer property property foreclosure prevention help, appreciate the state’s efforts keeping in mind the limelight regarding the foreclosure crisis and the option of solutions for homeowners whom need assistance. It really is 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 certain mortgage loan modification programs which might be offered to property owners;
    • Help with exactly how home owners can register complaints utilizing the Department making sure that situations of loan provider or mortgage servicer abuses, such as for instance predatory financing techniques, could be examined.

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

    The property foreclosure prevention experts will talk with property owners in 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 example records of mortgage repayments or letters in their mind from loan providers or mortgage servicers.

    Home owners could also register complaints utilising the Department 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., through Friday monday.

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

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