Mar 11, 2013
CCCS of Rochester has been awarded $46,000 to help homeowners stay in their homes. As part of NYS Attorney General Schneiderman’s Homeowner Protection Program, CCCS of Rochester will provide counseling services to homeowners in danger of foreclosure.
Earlier this year, New York, along with 48 other states and the federal government, reached a landmark $25 billion agreement to reform the abusive servicing and foreclosure practices of the nation's five largest mortgage servicing banks:
This settlement represented the first step, providing a down payment to struggling homeowners, as well as to some who have already been the victims of wrongful foreclosure.
The housing foreclosure crisis has had a devastating impact not only on families whose homes are subject to foreclosure, but on surrounding communities and the State as a whole. Housing value losses can create neighborhood blight, diminish critical local tax revenues, and contribute to neighborhood crime.
For these reasons, AG Schneiderman is dedicating a substantial portion of funds awarded to New York under the National Mortgage Settlement to support the work of direct service providers who specialize in delivery of legal services and housing counseling to at-risk homeowners affected by foreclosures. This effort will minimize homeowner displacement and foster the stabilization of neighborhoods across the state for the benefit of the public and the State as a whole. His office is committing $60 million over three years to fund housing counseling and legal services for struggling New York homeowners.
CCCS of Rochester will help provide the counseling part of this settlement in Monroe County and the surrounding counties, including Livingston, Ontario, Wayne, Orleans, Genesee, and Wyoming.
Contact CCCS of Rochester for an appointment to evaluate your housing situation at 585-546-3440- or visit our website for more information- www.cccsofrochester.org