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Foreclosures

Buffalo announces foreclosure changes

On Tuesday, Buffalo Mayor Byron W. Brown announced sweeping changes to the city’s property tax foreclosure process. Historically, Buffalo filed foreclosures on properties owing any amount of fees to the city after one year, but will now limit those foreclosure ...

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Loan modification scams highlighted

The ongoing foreclosure rescue scam crisis was highlighted this week during a press conference to identify top consumer complaints in New York. During this National Consumer Protection Week event, representatives offered guidance on avoiding financial scams, including loan modification scams. ...

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Senate hears about impacts of predatory lending

Predatory lending practices not only affect the minorities who are targeted, but the entire community, and are behind the national housing market collapse, according to testimony heard Wednesday by the U.S. Senate Committee on the Judiciary. Various witnesses highlighted the ...

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$4.2M foreclosure judgment on Penfield parcel

A 5.6-acre parcel in Penfield, which had been approved for two hotels nearly 11 years ago, will be sold at auction next month as the result of a foreclosure proceeding. The property, owned by HMPM Hospitality Group LLC, valued at ...

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Home retention goal for new Buffalo firm

A new law firm offering a full array of legal services — mortgage foreclosures, bankruptcy and real estate — opened in the Buffalo suburb of Amherst last month. Gross Polowy & Orlans LLC currently has 18 attorneys, but firm partner ...

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More U.S. states to join foreclosure-abuse deal

WASHINGTON — Arizona and Florida will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal to provide relief for many Americans who lost their homes ...

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Foreclosure aid left out of budget

The future of New York’s Foreclosure Prevention Services Program is in doubt today after funding for the program, administered by the state Division of Homes and Community Renewal, was left out of Gov. Andrew M. Cuomo’s Executive Budget announcement. Over ...

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