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

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

  • Information regarding particular mortgage loan modification programs that might be offered to property owners;
  • Help with just just just how property owners can register complaints because of the Department to make certain that situations of mortgage or lender servicer abuses, such as for example predatory financing techniques, could be examined.
  • U.S. Housing and Urban Development (HUD) authorized housing counselors will be available also.

    The property property property foreclosure prevention professionals will talk with property owners in the Department’s mobile phone Command Center, a 36-foot long car. 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 making use of the Department web site, www.dfs.ny.gov. 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., Monday through Friday.

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

    Watch out for anybody who requests a fee that is upfront change to get you that 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 generally in most situations. Additionally, numerous not-for-profit housing counselors can help you negotiate along with your loan provider free of charge.

    Avoid anybody who states they could save your valuable house in the event that you signal or transfer the deed payday loans available in Indiana 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 mortgage repayments to anybody apart from your home loan business without its approval.

    The Department is giving property foreclosure prevention professionals to aid home owners at web internet web web sites throughout the state, especially where you can find high levels of property owners in or prone to property foreclosure. The Department’s property property property foreclosure avoidance effort was released 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 – 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 AID 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, today announced that Department of Financial solutions home loan property foreclosure prevention experts will likely be provideed to offer make it possible to Buffalo area home owners who will be 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 foreclosure avoidance experts are going to be open to speak to home owners into the agency’s Cellphone Command Center, which is situated during the working workplaces of Belmont Housing Resources for WNY, 1195 principal St. in Buffalo.

    Governor Cuomo said “It is important that people provide just as much assistance that 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 it’s essential to inquire of for sincesistance as soon as possible. The longer a home owner waits, the harder it may possibly be to truly save house.”

    Earlier 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 houses as a consequence of the recession and quite a few are nevertheless vulnerable to property property foreclosure. It is important for property owners to look for becausesistance as quickly as feasible if they are in economic difficulty. We appreciate the Department’s efforts to create help struggling property owners in the Buffalo area.”

    Assemblywoman Crystal D. Peoples-Stokes said: “It is regrettable that the housing property foreclosure crisis has greatly affected major towns across the united states. When you look at the Buffalo area, we now have seen our housing stock decrease in the past few years, and lots of property owners are now actually dealing with property foreclosure. No body would like to see someone lose their property, particularly when there is hope. I will be happy that residents could possibly get some support in whatever stage they have been 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 products 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 to keep the limelight from the foreclosure crisis and the option of solutions for homeowners who require assistance. It really is vital to achieve New Yorkers nevertheless in need.”

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

    • Information on particular loan mod programs which might be open to property owners;
    • Assistance with just just just how home owners can register complaints with all the Department to ensure that instances of mortgage or lender servicer abuses, such as for example predatory financing techniques, is 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 in the Department’s mobile phone Command Center, a 36-foot long automobile. Home owners should bring using them any papers strongly related their specific circumstances, such as for example documents of home loan repayments or letters in their mind from loan providers or home loan servicers.

    Home owners could 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 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 keep clear of home loan rescue frauds, which can be marketed by personal organizations.

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