New online foreclosure guide helps families with no legal aid

In August, Bank of America agreed to a record-setting $16.65 billion settlement with the Department of Justice for selling toxic mortgage securities during the housing boom. The agreement includes $30 million for states to distribute to their legal aid programs. Legal aid attorneys play a key role in preventing unnecessary foreclosures. They help homeowners navigate … Read more New online foreclosure guide helps families with no legal aid

Don't speak English but have questions about buying a home, rent assistance, foreclosure? Try the HUD Language Line

Have a question about buying a home, rental assistance or foreclosure but English is not your first language?  HUD can help with its HUD Language Line, a live telephone interpretation service that will allow HUD staff to converse with the public in almost any language. To help HUD staff better communicate with Limited English Proficient … Read more Don't speak English but have questions about buying a home, rent assistance, foreclosure? Try the HUD Language Line

Did you know there's a law that protects tenants facing eviction

A law called The Protecting Tenants at Foreclosure Act (PTFA) can help families facing eviction in a foreclosed building. The law requires the new owner (even if it is the bank) to give you at least 90 days notice before you have to leave. If you are a tenant with a lease, the new owner … Read more Did you know there's a law that protects tenants facing eviction

Foreclosure scams target people struggling with their mortgages

At 8.5%, New York has one of the highest unemployment rates in the nation.  One of the effects of unemployment is that homeowners throughout NY may also be struggling to pay their home mortgages and may even be facing foreclosure.  Unfortunately, there are many fraudulent companies out there that are keeping a close look at … Read more Foreclosure scams target people struggling with their mortgages