Lawsky & NYDFS Preparing To Battle Deutsche Bank Over Libor Rigging

NYDFS Claims Thousands Of New Yorkers Have Lost Their Homes Because Of Libor Rigging The Superintendent of the New York State Department of Financial Services, Benjamin Lawsky has joined other U.S. banking regulators investigating Deutsche Bank AG for manipulation of the Libor benchmark borrowing rate.  This new probe by the NYDFS of the monolithic German […]

NYDFS

NYDFS Director Lawsky Tells Governor Cuomo, “Take This Job An Shove it!”

NYDFS Director Lawsky To Resign In January The New York Daily News published a story on Monday stating that several key people in New York Governor Andrew Cuomo’s administration will be leaving now that Cuomo’s second term was affirmed by voters last week. “Top aide Larry Schwartz is expected to leave early next year while […]

NY State Superintendent of Financial Services Sends Warning To Non-Bank Servicers

Benjamin M. Lawsky, Superintendent of Financial Services for the State of New York, delivered remarks on Tuesday at the Mortgage Bankers Association 2014 National Secondary Market Conference  in New York City. The following are excerpts from Superintendent Lawsky’s remarks on non-bank mortgage servicing as prepared for delivery. Let’s start with the issue of non-bank mortgage […]

GI Andrew

Where Ever There’s Financial Trouble GI Andrew Is There

GI Andrew Cuomo Dispatches Foreclosure Mobile Command Unit To Long Island Governor Andrew M. Cuomo aka GI Andrew announced today the deployment of the Department of Financial Services’ (DFS) Mobile Command Center (MCC) to Long Island to provide foreclosure prevention assistance to homeowners. DFS representatives will be available to meet homeowners in the MCC through Sunday […]

GI Andrew

Cuomo Sends GI Joe-Style Mobile Command Unit To Syracuse Area To Help Foreclosure Victims

Department of Financial Services’ Assistance Available for Homeowners during Mobile Command Center Visits to Syracuse and Liverpool To Help Foreclosure Victims   Governor Andrew M. Cuomo today announced that he is deploying the Department of Financial Services’ (DFS) Mobile Command Center (MCC) to Central New York to help provide foreclosure prevention assistance to struggling homeowners. Department […]

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