Yesterday, Governor Andrew M. Cuomo and Benjamin M. Lawsky, the Superintendent of the Department of Financial Services, announced a proposal that would authorize shared appreciation mortgage modifications for New Yorkers. And there was more exciting news later in the day: Representative Mel Watt was confirmed by the Senate as the new director of the Federal […]
Center for New York City Neighborhoods Executive Director Christie Peale stands with New York State Attorney General Eric T. Schneiderman at the November press conference announcing a $13 billion settlement with JPMorgan Chase. The Center for New York City Neighborhoods was proud to stand with Attorney General Eric T. Schneiderman and Jennifer Ching, Project […]
As New York City homeowners continue the costly recovery from Hurricane Sandy, The Center remains committed to delivering resources to assist those most in need. For New Yorkers who are having difficulty with their mortgage payments, the Mortgage Assistance Program (MAP) is one potential source of financial assistance. MAP makes loans of up to $25,000 […]
Last year, New York Attorney General Eric Schneiderman launched the Homeowner Protection Program (HOPP), a three year, $60 million commitment by the Office of the Attorney General to fund and support housing counselors and legal services providers assisting homeowners at risk of foreclosure. As the administrator and manager of HOPP in New York City, The Center has […]
Phyllis Furman of the New York Daily News recently wrote an article on the Center’s announcement that 100 NYC homes have been saved from foreclosure due to the help of the program. MAP client Keith Cummings was featured in the article. Upon publication, the Foreclosure Prevention Hotline received several calls from homeowners interested in MAP […]
New York Daily News: Forum in Soundview to help homeowners stave off foreclosures; Bronx homes in crisis Crain’s: Foreclosure nonprofit taps new leader New York 1: City Touts Program Designed to Keep Families in Homes New York 1: City Loan Helps Residents Stay in Their Homes Staten Island Advance: City Provides Loans to Staten Island […]
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