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new york mortgage mediation

New York Goes to Bat for Struggling Homeowners

by Moe Bedard

The state Legislature has passed a bill that
will give New York state homeowners and renters more protection during foreclosures.
It will expand the mandatory 90-day pre-foreclosure notice to all types of home loans — not just subprime mortgages — so all homeowners are given information and time to take action.

Gov. David Paterson introduced the bill. It [...]

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