MARCH 15, 2014

FORECLOSURE!
RESISTERS
Foreclosure Resisters Head to Albany to Lobby for Change!

On March 3, 2015 a group of Foreclosure Resisters travelled to Albany with New Yorkers
for Responsible Lending (NYRL) coalition to lobby for legislation to assist homeowners
and communities facing foreclosure. Although we were invited by NYRL so that we might
learn tips and best practices, Foreclosure Resisters proved to be invaluable partners in the
lobbying eort. Together, Foreclosure Resisters & NYRL called for: (1) the creation of a
Community Restoration Fund (more about CRF on page); (2) increased rights for
homeowners attending Settlement Conferences; and (3) increased oversight of mortgage
holders with vacant properties. Thanks to Michael for this great photo from Lobby Day!
Foreclosure Resisters Meeting

Common Laws Legal Clinic

When: First Saturday of every month !

4pm to 6pm !

When: Tuesday evenings !

6:30pm to 8:30pm !

Where: Judson Memorial Church !

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239 Thompson Street!
Manhattan!

Where: NESRI, 90 John Street, # 308 !

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Manhattan !
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By appointment: 212-213-3920 !

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MARCH 15, 2014

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We support the Community
Restoration Fund
JP Morgan Cha se, Bank of America and
Citibank agreed to pay New York State more
t h a n $ 8 0 0 m i l l i o n a s co m p e n s a t i o n f o r
mortgage servicing abuses and violations. !

Please note these changes:

No Foreclosure Resisters Meeting

April 4, 2015 due to the holiday.!

Next Resisters Meetings:

March 17, 2015 !
April 21, 2015!
6:30pm - 8:30pm !
90 John Street, Suite 308!

!Of these funds, NYRL is asking New York

State to set aside $100 million to create the

Community Restoration Fund. The CRF
would keep homeowners in their homes and
help communities recover from the
foreclosure crisis by:!

!Purchasing mortgages from banks at a

discounted rate and then providing principal

reduction modifications for homeowners;!

!Acquiring homes at auctions and short sales

and then selling or renting the homes back to
the homeowners at an aordable rate; and!

!Providing funding for local not-for-profit

developers to turn vacant properties into
aordable housing.!

N Y R L i s w o r k i n g h a r d to p u s h f o r t h e
creation of the Community Restoration !
Fund. !

Please contact your local Assembl y

Member and/or State Senator and let
t h e m k n o w t h a t yo u s u p p o r t t h e
Community Restoration Fund!

Help Stop Rescue Scams

One of the most frustrating aspects of being in
foreclosure is not knowing where to go for
help. Homeowners are flooded with mail
s o l i c i t a t i o n s a n d o f te n p r e y e d u p o n b y
foreclosure rescue scams.To help protect
homeowners from foreclosure rescue scams,
the New York State Attorney Generals oce
recently launched an easy to use website:
AGScamHelp.com. Visit AGScamHelp.com
if you would like to:!

!Find out if the company or individual you

are working with is trusted by the government;!
!Report a suspected scam; and!
!Obtain tips on how to identify a scam.!
!We will be oering a short tutorial on how to
access and navigate the website at the legal
clinic on March 24, 2015 and May 5, 2015.
Please come if you are interested! !

!!

Congratulations to Jennifer
and
! Geoffrey in Queens!

Wanda snaps a photo o f Kofi, Michael and Ken on the

train to Albany early in the morning on March 3rd.!

Jennifer and Georey vacated a default, raised

their legal defenses in a late answer, and
turned back the clock to the beginning of
Settlement Conferences. They accomplished
all of this despite a confusing, unwieldy court
system. They were not discoura ged even
though sent from courtroom to Clerks Oce
and back to cour troom! We salute their
persistence and wish them the best of luck as
they pursue a resolution.