 |
Empire Justice Statement on Governor Cuomo’s State of the State Address
Read More
|
|
|
Thousands caught in foreclosure (Times Herald-Record)
Across Orange, Ulster and Sullivan counties, thousands of families have already lost their homes, and thousands more face the prospect of eviction in coming years, as the worst housing crisis in decades plays out across the region.
Read More
|
|
|
LI foreclosure filings at twice state rate (Newsday.com)
Long Island homeowners received foreclosure-related filings at twice the statewide rate in the three years following the 2007 collapse of the subprime lending market, the state comptroller reported Tuesday.
Read More
|
|
|
Cuomo vetoes pay for foreclosure prevention services (The Business Review)
Gov. Andrew Cuomo’s veto of $1.5 million to pay for foreclosure prevention services in New York shocked housing advocates who say the program is vital to help struggling homeowners.
Read More
|
|
|
Veto of Foreclosure Prevention Services Severs Lifeline for Homeowners
Legal services and housing counseling providers across the state decried Governor Cuomo’s veto of $1.5 million in foreclosure prevention services funding which was put in the budget by the Assembly Majority in a last ditch effort to keep the program alive through the end of the state fiscal year.
Read More
|
|
|
Advocacy group laments loss of foreclosure services funds (Daily Gazette)
Gov. Andrew Cuomo is proposing to cut funding for foreclosure prevention services at a time when data indicate the number of homes in foreclosure will greatly accelerate in coming months, according to an advocacy group.
Read More
|
|
|
Tardy loans cause alarm (Times Union)
Advocacy group seeks funds to aid homeowners facing foreclosure
Read More
|
|
|
New Wave of Protests Fighting Banksters (The Notion: The Nation's Group Blog)
The Empire Justice Center is predicting a “tsunami” of foreclosures coming, and Bank of America is refusing to write down mortgage debt. Republicans in Congress want to eliminate the Home Affordable Modification Program, which helps people keep their homes and Democrats are flagging in their support.
Read More
|
|
|
New Wave of Protests Fighting Banksters (The Notion: The Nation's Group Blog)
The Empire Justice Center is predicting a “tsunami” of foreclosures coming, and Bank of America is refusing to write down mortgage debt. Republicans in Congress want to eliminate the Home Affordable Modification Program, which helps people keep their homes and Democrats are flagging in their support.
Read More
|
|
|
69,000 NY home loans at risk of foreclosure (The Business Review)
Nearly 69,000 home loans in New York are at imminent risk of foreclosure, a situation that an advocacy group said today could lead to a “tsunami” of foreclosures over the next year or two.
Read More
|
|
|
717 more LI homes in foreclosure process (Newsday)
More than 700 mortgage borrowers fell into the foreclosure process on Long Island last month, according to a report released Thursday that also showed the pace of home repossessions slowing.
Read More
|
|
|
Foreclosure crisis entering a new phase (The Daily Record)
Dr. Barbara van Kerkhove, Research and Policy Analyst at the Empire Justice Center recently published an exhaustive report on the state’s foreclosure crisis. The report indicates the state is nowhere near the end of the foreclosure crisis, which now includes those homeowners with good credit and prime loans.
Read More
|
|
|
Group: State faces 'tsunami' of home foreclosures (Ithaca Journal)
A legal aid advocacy group said Wednesday that despite the recent decline in foreclosures across the state, homeowners could face a "tsunami" of bank actions this year. Housing counselors for the Empire Justice Center were in Albany to lobby the Legislature to restore $15 million in cuts that go to fund legal assistance for homeowners whose loans are in the process of foreclosure.
Read More
|
|
|
Forecast for New York: “Tsunami” of Foreclosures (Public News Service)
Nearly 69,000 home loans statewide are at imminent risk of foreclosure in New York, and the majority of them are prime, rather than subprime or 'alt-A' loans.
Read More
|
|
|
Flood of Foreclosures Expected Just as Funding to Help Homeowners Dries Up
New analysis of data from the Federal Reserve of New York shows that the foreclosure crisis in New York is far from over – and without legislative action to provide funding for the state’s “Foreclosure Prevention Services Program,” thousands of homeowners will have little help in saving their homes when foreclosure strikes.
Read More
|
|
|
Foreclosure prevention group seeks $15M in state funding (The Business Review)
Housing advocates will be at the Capitol in Albany, New York, today asking legislators to set aside $15 million in the budget to continue a foreclosure prevention program that will run out of money this year.
Read More
|
|
|
“Perfect Storm” Threatens to Sink NY Foreclosure Fighters (Public News Service)
New Yorkers fighting foreclosure are facing a "perfect storm" as a state budget crunch could wipe out free foreclosure counseling and assistance just as the recession threatens more mortgage-holders' ability to stay above water.
Read More
|
|
|
Tenants do have rights if foreclosure looms (Times Union)
Tenants are the invisible victims of the mortgage crises, with very few advocates.
Read More
|
|
|
NY Joins National Foreclosure Work Group (The Daily Record)
New York is joining the rest of the nation in a bipartisan mortgage foreclosure working group being led by Iowa Attorney General Tom Miller.
Read More
|
|
|
Advocates Call on Fed to Put a Stop to Discriminatory Lending (CNBC)
Community Coalition Calls for Increased Transparency in Mortgage Lending. A coalition of community groups called on the Federal Reserve Board to overhaul a 35-year old law that requires lenders to report vital information on their mortgage lending practices.
Read More
|
|
|
EPA Recognizes the Coalition to Prevent Lead Poisoning for Outstanding Community Leadership (United States Environmental Protection Agency)
The Coalition to Prevent Lead Poisoning has been selected as a winner of the U.S. Environmental Protection Agency’s (EPA) Environmental Justice Achievement Award for its leadership in community-based efforts to prevent childhood lead poisoning in the city of Rochester, New York.
Read More
|
|
|
Is a New State Law Curbing Home Foreclosures? (Times Union)
New York’s tough new foreclosure law might be cutting the number of foreclosures in the state — at least temporarily.
Read More
|
|
|
Press Release: Paying More for the American Dream IV
Study finds TARP-supported banks reduced lending to communities of color dramatically in Rochester, New York and six other cities across the nation.
Read More
|
|
|
Empire Justice Joins with Better Choice Budget Campain in Calling for State to Balance Budget by Raising Revenues, Not Cutting by Critical Services (A Better Choice for New York)
Campaign launches TV ads focused on closing corporate tax loopholes and asking wall street to help bail out Main Street.
Read More
|
|
|
New Law Mandates Settlement Conferences in All Foreclosure Cases (Nassau Lawyer)
New laws now require all lenders seeking to foreclose mortgages to participate in a settlement conference in court.
Read More
|
|
|
Governor Paterson Issues Executive Order 21 Establishing the Governor's Task Force on the Prevention of Childhood Lead Poisoning (NYS Governer's website)
State Agencies Will Collaborate on the Development of a Coordinated Strategy to Eradicate Childhood Exposure to Lead
Read More
|
|
|
Press Release - Paying More for the American Dream III
This report examines the impact of CRA in seven metropolitan areas in the United States: Chicago; New York City; Los Angeles; Rochester, NY; Boston; Charlotte, and Cleveland.
Read More
|
|
|
Empire Justice Center Praises State Senate For Acting to Stop Thousands of Children from Being Poisoned by Lead in their Homes Each Year
Empire Justice Center advocates applauded the State Senate today for passing the Childhood Lead Poisoning Primary Prevention and Safe Housing Act (S.6350/A.6399), a landmark bill to identify housing with lead hazards and provide tax credits to prevent thousands of children in New York from being permanently and irreversibly damaged by lead poisoning.
Read More
|
|
|
Spitzer State of the State Message Brings Message of Hope and Unity
Advocates from the Empire Justice Center expressed optimism as they watched Governor’s Spitzer’s State of the State address today.
Read More
|
|
|
Advocates Applaud Governor Spitzer
Advocates Applaud Governor Spitzer Proposing Needed Improvements in Health Coverage, Housing and Increasing Child Support to Low Income Children in a Difficult Budget Year.
Read More
|
|
|
Report Highlights Racial Disparities in Mortgage Lending By Country’s Largest Lenders
Today at the Federal Reserve Board Consumer Advisory Council meeting, a collaboration of advocacy agencies, including Empire Justice Center, released a report showing that the largest lenders making both prime and subprime loans have a disproportionate share of their higher cost loans going to minority borrowers across the nation.
Read More
|
