Media Advisory: Foreclosure Prevention Forum in Buffalo

• by New York State Banking Department

NEW YORK, NY (05/05/2008)(readMedia)-- Richard H. Neiman, Superintendent of Banks for New York, joins Senator Antoine M. Thompson and the Western New York State Senators for the sixth Operation: Protect Your Home foreclosure prevention forum in Buffalo, New York.

The forum provides the opportunity for Buffalo homeowners at risk of foreclosure and mortgage servicers to come together to find sustainable solutions to their mortgage issues. At the workshops, mortgage lenders and counselors will work with individual homeowners on identifying potential ways of preventing unnecessary foreclosures. The meetings are free and open to the public. Invited borrowers whose mortgages are scheduled to reset or borrowers who are already late in their mortgage payments will have priority.

Who: Hon. Antoine M. Thompson, NYS Senator, 60th District; Hon. William Stachowski, NYS Senator 58th District; Hon. David Valesky, NYS Senator, 49th District; Hon. George Maziarz, 62nd District; U.S. Senator Charles Schumer (NY); Richard H. Neiman, Superintendent of Banks; The New York State Banking Department; the New York State Black, Puerto Rican, Hispanic, and Asian Legislative Caucus; and the NAACP New York State Conference.

When: Saturday, May 10; Noon to 5 p.m.

Where: Bennett High School, 2885 Main St., Buffalo, NY 14214

Contact: Press Office, 212-709-1691

More: The New York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners. The aggregate assets of the depository institutions supervised by the Banking Department are more than $1.8 trillion.

To contact the Banking Department, please call 1-877-BANK-NYS or visit our Web site at www.banking.state.ny.us.

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