Archives For: New York
New York Amends Contact Requirements for Certain Delinquent Borrowers
On February 24, Governor Kathy Hochul signed into law Assembly Bill 8771 (2022 N.Y. Laws 48), amending single point of contact requirements for certain delinquent borrowers.
10 Mar 2022
New State Initiative Offers Info, Resources on Zombie Homes
Columbia Law students have set up a new website with information to help small governments and communities gain information on zombie homes.
19 Jan 2022
Proposed New York Bill Requiring Maintenance of Vacant and Abandoned Properties Set to Become Law
A proposed New York Senate Bill that requires maintenance of vacant and abandoned properties is expected to become law this week.
9 Dec 2021
FEMA Declared Disaster New York Remnants of Tropical Storm Fred
FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by Tropical Storm Fred that took place August 18-19, 2021.
8 Oct 2021
Various States Ease COVID-19 Consumer Protections
An update of state and federal actions for COVID-19 related moratoriums, including California, DC, Illinois, Maryland, New Jersey, New York, Ohio and Virginia.
7 Sep 2021
New York Issues Temporary Ban on Evictions
The state of New York issued a temporary ban on evictions and foreclosures that will continue through January 15, 2022.
2 Sep 2021
Letter: State Legislation Needed to Expedite Foreclosure
The Buffalo News posted a letter authored by New York Bankers Association President and CEO Michael P. Smith. In it, Smith discusses the length of the foreclosure process for the state of New York and the support of the New York Bankers Association for the passage of legislation which could accelerate it.
26 Oct 2015
Schneiderman Announces More Than $11 Million in New Funding for Statewide Foreclosure Prevention and Relief Programs
Niagara Frontier Publications posted an article discussing an announcement by New York Attorney General Eric T. Schneiderman to support the Homeowner Protection Program (HOPP) in aiding at-risk families across the state avoid foreclosure.
9 Oct 2015
HUD Announces Relief for Victims of Hurricane Sandy
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a decision to not require repayment of “duplicate” benefits from thousands of New York and New Jersey homeowners affected by Hurricane Sandy.
16 Sep 2015
MBA: Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties
Recently, the Mortgage Bankers Association released a white paper titled Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties. Versions created in part with the New York Mortgage Bankers Association and Ohio Mortgage Bankers Association have been made available.
4 Mar 2015