AG announces foreclosure prevention grants
News Alexa Altman 5/01/2012 at 5:05PM

Statistics show that Queens is the borough with the highest share of first-time foreclosures in 2012, and now Attorney General Eric Schneiderman has announced that his office plans to award $3 million in foreclosure prevention services to assist New Yorkers struggling with possible foreclosure. The grant includes $1.5 million for organizations serving New York City. [...]

New foreclosure help
Business Alexa Altman 2/14/2012 at 11:34AM

New legislation by Senator Malcolm A. Smith may increase settlements for victims of foreclosure abuse. “Home purchasing is the largest single investment that individuals make in their lifetime,” said Smith. “Banks committed crimes against homeowners and restitution needs to be fair. I am introducing this legislation that I believe will bring parity to my constituents [...]