January
2015
29
In 2008, at the peak of the foreclosure crisis, New Economy Project launched a foreclosure prevention loan fund that over the next five years helped almost 400 low-income New Yorkers avert foreclosure and keep their homes.
November
2014
14
New Economy Project and 24 members of New Yorkers for Responsible Lending urge the New York State Department of Financial Services to adopt strong rules addressing pervasive force-placed insurance abuses.
September
2014
8
New Economy Project and members of New Yorkers for Responsible Lending submit letter in opposition to FHFA plan, which would raise mortgage guarantee fees in NYS and other states with strong consumer protections.
March
2014
26
New York Post — Manhattan’s residential real-estate scene is roaring back — but don’t look across the river. The shadow of the foreclosure crisis is fading fast in tony enclaves like the Upper East Side, where home prices spiked 36 percent in the first quarter.
Maps show stark inequities in mortgage lending based on race, as banks continue to deny fair access to conventional mortgages in black and Latino neighborhoods.
November
2013
21
Wall Street Journal: Market Watch — The government wants J.P. Morgan Chase & Co., chastened by this week’s record-breaking settlement with the Justice Department, to focus on helping borrowers and neighborhoods that are struggling the most.
October
2013
2
Wall Street Journal — More than a year after five large banks agreed to pay $25 billion and improve their foreclosure practices, the lenders are facing fresh criticism for failing to live up to their end of the bargain.
July
2013
25
New York Times — Legislation in New York awaiting the governor’s signature would prevent lenders’ lawyers from leaving homeowners facing foreclosure in a state of legal suspense.
July
2013
3
New York Daily News — Dear Gov. Cuomo: Please sign this bill so that more New Yorkers won’t lose their homes in foreclosure.
April
2013
25
American Banker — Wells Fargo’s (WFC) shareholders have rejected a proposal that would have directed the company to review whether its mortgage servicing and foreclosure practices violate anti-discriminatory laws.