NY Governor To Propose Bill Stengthening Foreclosure Protections For Homeowners

In his recent State of the State speech to the legislature, New York State Governor Elliot Spitzer addressed the foreclosure rescue problem in the state, telling the legislature:

• I will send you a bill that amends state foreclosure law to provide additional protections for homeowners. In addition, working with Attorney General Cuomo, I will submit legislation that enhances our anti-fraud laws, to ensure that those who engage in mortgage scams are punished.

Go here for the text of Gov. Spitzer's speech (courtesy of Political State Report).