Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: homeowners

Gates considers help for homeowners

Some of the area’s largest businesses have received tax breaks for new projects and for rehabilitation of existing projects. They include Xerox Corp., Marketplace Mall, the University of Rochester and LiDestri Foods, among others. They total in the millions of ...

Read More »

Law will help homeowners in legal limbo

Consumer attorney Rebecca Case Caico knows of a foreclosure complaint that was filed in 2009, and the homeowner’s first settlement conference wasn’t  held until 2013 — four years later. That’s one example of the thousands of inactive foreclosure cases across ...

Read More »

Banks fall short helping struggling homeowners

WASHINGTON — A new report says homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers. Such delays can plunge borrowers deeper in debt. Joseph ...

Read More »

Assurant to pay $14M over force-placed insurance

ALBANY — New York financial officials have settled with Assurant Inc. over “force-placed” insurance with refunds to some homeowners and a $14 million penalty. The settlement follows a Department of Financial Services investigation of the insurance policies banks take out ...

Read More »

Thousands of NYers share $1.8B in mortgage relief

ALBANY — Thousands of New York homeowners have gotten an estimated $1.8 billion in loan relief from five U.S. banks as part of the national mortgage settlement over foreclosure abuses. So far, 21,535 New York homeowners have received assistance, including ...

Read More »

Banks agree to pay $8.5B for foreclosure abuse

WASHINGTON, D.C. — Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The banks, which include JPMorgan Chase, Bank of ...

Read More »

Homeowners won’t have to pay storm deductible

ALBANY — State officials have determined New York homeowners won’t have to pay an insurance deductible in seeking compensation for damage from superstorm Sandy. Laws in 15 states including New York allow officials to waive the 1 percent to 5 ...

Read More »