Court filings for foreclosure in Western New York continue to be a problem, a report from the Federal Reserve Bank of New York states that there are roughly 2,000 homeowners in active foreclosure in Erie County alone. A Mortgage Check-Up event on Saturday, September 29 will provide Western New York homeowners worried about their mortgages with the opportunity for a quick, easy and confidential way to address their concerns.
The Mortgage Check-Up is sponsored by West Side Neighborhood Housing Services in partnership with Fillmore Leroy Area Residents (FLARE), Western New York Law Center, Legal Aid Bureau of Buffalo and Legal Services for the Elderly & Disabled. Counselors and lawyers will consult homeowners privately from 11 a.m. to 1 p.m. at the FLARE office at 307 Leroy Ave.
The reason for the expected increase in Western New York foreclosures lies in the state’s long foreclosure waiting period, made longer by legislation passed last year.