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News

NYC Foreclosures Declined in November But...
By Jen Cheung
While the number of NYC homes in foreclosure declined in November, things look to be rocky ahead. Property Shark CEO Bill Staniford explained that since the 3-month moratorium on NY State foreclosures expired last month, "There could be a spike of foreclosures in December."
December 4, 2008

NY jury convicts foreclosure rescue pair
By DAVID B. CARUSO | Associated Press Writer
NEW YORK - The owners of a foreclosure rescue company that promised to save struggling homeowners but swindled them out of their houses were convicted Thursday of bank fraud conspiracy charges.
November 13, 2008

Federal Housing Finance Agency announces foreclosure initiative
The program will simplify and streamline the loan modification plan to get struggling homeowners into mortgages they can afford.
November 12, 2008

NY Foreclosure Rate Dips
ALBANY, N.Y. -- New figures show the rate of foreclosures in the third quarter fell 10 percent in New York while they rose 3 percent nationwide.
October 30, 2008

NY Regulators Urges More Support For Homeowners
NEW YORK (Reuters) - The U.S. Treasury Department plan to stabilize banks is a positive step, but the federal government must do more to support individual homeowners, New York Superintendent of Banks Richard Neiman said on Thursday.
October 23, 2008
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