New Yok State Creates Mortgage Rescue Fund

The Buffalo News reports:

• "A $100-million refinancing program has been created by the state and the mortgage industry for people on the verge of losing their homes because of risky, adjustable-rate mortgages."

For more, see State creates $100 million mortgage rescue fund.

In a related New York foreclosure story, see Thompson Foreclosure Prevention Helpline Reaches Over 1,100 Calls (32 Percent of Calls Come from Brooklyn) (Brooklyn Daily Eagle).