Skip to Main Content
Printer Friendly

NYRL Letter to Governor to Sign Shadow Docket

New Yorkers for Responsible Lending (“NYRL”) respectfully encourages you to sign S.4530-A/A.5582-A without delay. The legislation is a simple fix to a problem in New York’s foreclosure process, and is urgently needed to save New Yorkers’ homes from foreclosure. By signing the bill into law, you will close a legal loophole and put an end to New York’s “shadow docket,” in which tens of thousands of foreclosure cases sit inactive – leaving New Yorkers in legal limbo for months and even years. With an estimated 92 foreclosure cases entering New York’s shadow docket each day, time is of the essence.

NYRL is a state-wide coalition that promotes access to fair and affordable financial services and the preservation of assets for all New Yorkers and their communities. NYRL’s 161 members represent community financial institutions, community-based organizations, affordable housing and foreclosure prevention groups, advocates for seniors, legal services and labor organizations, and community reinvestment, fair lending, and consumer advocacy groups.

View Full Comment Letter

July 3, 2013