Assemblyman James F. Brennan, a Brooklyn Democrat, and State Senator Frank Padavan, a Queens Republican, have introduced a bill in both houses that would delay foreclosure proceedings for New York residents for one year.
The measure would allow residents to remain in their homes while granting them time to work with lenders to modify their mortgages.
Monday, March 3, 2008
Bill To Delay Foreclosure Proceedings
Posted by Blogging New York at 2:48 AM
Labels: "moratorium", "New York"
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