In Buffalo, New York, Business First of Buffalo reports:
- The Western New York Law Center in partnership with HomeFront Inc. has been awarded a $700,000 two-year grant by the New York State Department of Housing and Community Renewal. The funding will be used to address the subprime mortgage crisis in the region.
- HomeFront and the Western New York Law Center are offering their services free of charge to qualified borrowers. HomeFront will provide counselors who can assist borrowers in developing workout agreements.
- The Center will represent borrowers in cases that cannot be resolved through counseling and in mandatory court settlement conferences, which [pursuant to a new state] law must be scheduled within 60 days of the date legal action is filed with the county clerk.
For more, see Aid for subprime mortgage holders.
Go here for a partial list (by county) of New York not-for-profit organizations that are providing foreclosure prevention services. New York homeowners at risk of foreclosure are encouraged to contact an organization in their area to seek assistance.