Statewide Coalition Says Every Day of Delay Puts 92 More Homeowners at Risk of Losing Homes; Bill Would Speed Mediation for Affordable Loan Modifications ALBANY, N.Y., July 3, 2013 /PRNewswire-USNewswire/ -- Every day of delay in approving a bill to protect New Yorkers threatened with foreclosure could cost as many as 92 residents their homes, and a coalition of community groups and advocates is calling on Governor Andrew Cuomo to sign the measure as soon as possible. The bill would keep homeowners from falling into a legal limbo, known as the "shadow docket," that prevents them from reaching court-supervised mediation in foreclosure cases and creates a Catch-22 as interest and penalties...
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