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80 New York The Past. The Present. The Future. Providing Default Real Estate Solutions Since 1988. Todd Yovino Broker/Owner Island Advantage Realty, LLC Serving Metro New York & Long Island Todd@iarny.com | 631-820-3400 www.islandadvantage.com Connecticut Planet Realty, LLC Sales@CTREOTEAM.com 203-982-4985 cell www.CTREOTEAM.com Security • Preservation • Disposition Steve Rivkin New Jersey Lisa G Lopez Broker of Record Home Alliance Realty 142 E. Bay Ave Manahawkin, NJ 08050 609-978-9009 (o) 609-384-5109 (c) lglopez@verizon.net www.HomeAllianceRealty.com www.LisaLopezProperties.com NEW YORK Stopping Foreclosure Rescue Scams in Their Tracks New York Attorney General Eric T. Schneiderman is funding an additional $20 million for the fifth year of his Homeowner Protection Program (HOPP), according to a recent report from the Office of the Attor- ney General. If that isn't enough, the report also says that Schneiderman is launching the Foreclosure Rescue Scam Prevention Initia- tive, a new grant program that will enhance outreach, education, and referral services for homeowners at risk of fraudulent foreclosure rescue schemes. "New York has led the nation in developing innovative ways to address the fallout from the foreclosure crisis—including the Homeowner Protection Program, so folks wouldn't lose their homes because they didn't have access to an attorney," said Schneiderman. "Now, with foreclosure rescue scams on the rise, we are enhancing HOPP's capacity to empower our most vulnerable homeowners to avoid becom- ing victims of these scams." In addition to these funds, the report adds that the Office of the Attorney General is com- mitting another $350,000 in new grants through the Foreclosure Rescue Scam Prevention Effort to housing organizations across New York City, Long Island, and the Hudson Valley. "With this new funding from the New York Attorney General's Office, community organizations will have additional tools to fight back against scammers exploiting financially vulnerable homeowners," said Christie Peale, the Executive Director of the Center for NYC Neighborhoods. "When people lose their houses to fraud, there are devastating personal costs, but also repercussions felt across our neighborhoods as more and more affordable homes are taken from the market." Since the birth of the Homeowner Protection Program in 2012, the Office of the Attorney General reports that over 70,000 families have received free assistance to avoid foreclosure through the program, which has funded a statewide network of nearly 90 hous- ing, counseling, and legal services organiza- tions over the past four years. "I commend the Attorney General's initia- tive to assist and protect our most vulnerable constituents through the Homeowner Protec- tion Program, community outreach, and edu- cation campaigns. Far too many homeowners have been hit with these foreclosure rescue scams, and as these scams grow in prevalence and sophistication, so must our efforts to com- bat this criminal activity and protect our most vulnerable citizens," said Assemblyman Walter Mosley (D-New York). PENNSYLVANIA First American Completes Integration with LoanLogics First American Mortgage Solutions, LLC, a subsidiary of First American Financial Corporation, announced that it has completed its integration with LoanLogics' LoanHD platform, which provides quality management technology that provides real-time loan quality reporting and best practice audit workflows. With the integration, users will have streamlined access to FraudGuard (a com- prehensive, data-driven decision-support tool from First American that helps lenders ensure compliance). e integration is also expected to improve speed and efficiency of application reviews and increase loan quality.