Senator Klein Releases Public Service Announcement to Alert New Yorkers to Dangerous Loan Modification Scams
ALBANY, NY – With new, vital provisions of his foreclosure legislation scheduled to take effect on Thursday, April 15th, State Senator and Deputy Majority Leader Jeff Klein (D-Bronx/Westchester) called for the next level of protections for New York State homeowners on Wednesday. Earlier this year, Senator Klein unveiled new legislation aimed at significantly decreasing, and in some cases eliminating, the pervasive practice of loan modification scams.
Senator Klein released the following public service announcement to alert New York residents of these dangerous and persuasive scams, and to urge the Senate to passage his legislation.
Protecting Your Money: Avoid Foreclosure Scams - http://www.youtube.com/watch?v=EtMVt_n0ID0
“In the past few years, thousands across New York State have lost their homes to foreclosure. By putting a disclaimer on these scam notices, we get the word out wider and faster to struggling homeowners that the services they are looking for can be provided free of charge. I urge my Senate colleagues to join me in fighting for the immediate passage of this bill,” said State Senator and Deputy Majority Leader Jeffrey D. Klein (D-Bronx/Westchester).