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 […]
How To File Complaints Against Sterling National Bank With The FDIC & U.S. Treasury Last week, I wrote an article about Sterling National Bank. I wrote about the bank’s use of intimidation, mob style collection tactics and their practice of liquidating accounts without their customer’s knowledge. As a result, the article must have hit a nerve on […]
Intimidation, Liquidation Of Accounts, Mob Style Collection Tactics Are The Everyday Practices Of Sterling National Bank People want to think small town banks like Sterling National Bank are run by a sympathetic George Bailey types. Small community banks operate like the mafia. They have no problem using intimidation and thuggery to get what they want. […]
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 […]
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