Clik here to view.
Sandy Recovery Money to be Expedited by NY Governor
New York Gov. Andrew M. Cuomo has announced that Fannie Mae and Freddie Mac have agreed to the State’s request for new rules to accelerate the release of insurance proceeds to homeowners affected by...
View ArticleClik here to view.
NY Gov. Cuomo Seeks to Stamp Out Slumlords
New York Gov. Andrew M. Cuomo announced proposed Slumlord Prevention Guidelines (SPG) for bank lending to help protect tenants, strengthen communities, and promote sustainable, long-term investments in...
View ArticleClik here to view.
New York Gov. Cuomo Announces Plans to Reform the Force-Placed Insurance...
New York Gov. Andrew M. Cuomo announced that his administration is proposing a groundbreaking set of new rules to reform the force-placed insurance industry. The Department of Financial Services (DFS)...
View ArticleClik here to view.
Prospect Mortgage Agrees to Pay $3 Million Penalty for Deceptive Practices...
New York State Gov. Andrew M. Cuomo has announced that Prospect Mortgage LLC has agreed to pay a $3 million penalty and deliver restitution to homeowners after a Department of Financial Services (DFS)...
View ArticleClik here to view.
New York State Streamlines Licensing Process for Mortgage Banking
Benjamin M. Lawsky, New York State Superintendent of Financial Services, has announced that the New York State Department of Financial Services (DFS) is implementing a new streamlined licensing process...
View Article
