Imagine you lose your job and are unable to make your mortgage payments. You try to work with your bank, but it’s unclear what you need to do to get current on your mortgage. Imagine that you continue to fall further and further behind on your payments. That’s what happened to Camille Kokason, the sole […]
Imagine you have fallen behind on your mortgage and received a notice from your bank that you could lose your home. You know you need help, but are unsure where to turn. One day, you get a call from a company offering the help you’ve been looking for. The person on the phone tells you […]
Today, the Center for NYC Neighborhoods provided testimony before the New York City Council Committees on Housing and Buildings, Community Development, and Land Use regarding “Housing New York,” Mayor Bill de Blasio’s affordable housing plan. At the Center, we are pleased to see the de Blasio administration’s commitment to affordable homeownership included in “Housing New […]
The Mutual Housing Association of NYC (MHANY) is a non-profit organization founded in 1986 with a focus on housing counseling and innovative affordable housing development initiatives for low- and moderate-income residents of New York. MHANY is also one of our Network Partners, providing housing counseling for homeowners in mortgage distress or foreclosure. Earlier this summer, […]
Note: This is the third part of a series of blog posts examining the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this post, we discuss the need for elevation financing options for homeowners in high-risk areas of […]
Note: This is the third part of a series of blog posts examining the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this post, we discuss the need for elevation financing options for homeowners in high-risk areas of […]
Ocwen Financial Corporation has been ordered to refund a total of $125 million to nearly 185,000 borrowers whose loans were being serviced by Ocwen, Homeward Residential Holdings, or Litton Loan Servicing, and who lost their homes to foreclosure, between Jan. 1, 2009 and Dec. 31, 2012. Eligible homeowners were mailed claim forms in the mail […]
New York Legal Assistance Group (NYLAG) was formed in 1990 to provide high quality, free, civil legal services to low-income New Yorkers who cannot afford attorneys. It is a non-profit group and employs approximately 220 attorneys and paralegals. NYLAG is one of the Center for NYC Neighborhoods’ legal services Network Partners. This past week, I […]
The southeast Brooklyn neighborhood of Canarsie was especially hard hit by Hurricane Sandy, with fully 100% of residential buildings located in a Hurricane Evacuation Zone. In response, the Canarsie Coalition was formed in collaboration with the Brooklyn Borough President’s Office in order to assist in coordinating a response best suited to the neighborhood. The Coalition […]
Our staff has been busy connecting with New York homeowners at events over the last few weeks. Here’s a look at a couple of recent events we’ve participated in: We attended the Bridge Street Fresh Start Home Resource Expo held in partnership with the Bedford-Stuyvesant Restoration Corporation on June 14th. The event was free and […]
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