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 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 […]
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 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 […]
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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