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The Department of Financial Services mobile command bus made a stop in Dutchess County Thursday to help homeowners who are facing foreclosure. Our Michael Howard has the story on this common problem.
DUTCHESS COUNTY, N.Y. -- Driving through Poughkeepsie Thursday, you might have noticed this on the side of the road. After an announcement by Governor Andrew Cuomo this week, the Department of Financial Services Mobile Command Center made a stop in Poughkeepsie to help residents who are facing foreclosure or struggling to make payments on their home. Those like Dazell Green.
“Right now, my mortgage is at eight percent, which is extremely high. I’ve tried going to the bank to receive a type of loan that would reduce that and was turned down because the value of my house has changed since I purchased it,” said Green.
He has been a Poughkeepsie resident for more than 50 years and with his wife being disabled, times are tough, he says, especially dealing with loan companies.
“They were telling me some of the things that I need to say,” Green said. “And some of the things I need to do to help myself and my family."
According to the Department of Financial Services, in the last year, more than 1,400 homes in Dutchess County filed for foreclosure and 90 of them were in the last month.
“Dutchess County is struggling,” said Dan Burstein of the New York Department of Financial Services. "There are a lot of struggling areas throughout the state and Dutchess County is one of those. People are going through foreclosures and people are missing their mortgage payments and they need to know there’s help out there.”
It's help, Green says, he isn't afraid to ask for.
“I was enlightened on a whole bunch of things that I did not know,” said Green. “I'm going to go home and process everything I received and go from there.”
The bus will make another stop in Wappingers Falls on Friday before traveling up to Buffalo next week.
If you cannot make it to either of the stops, you can still find help. The Department of Financial Services has a toll free hotline. That number is 1-800-342-3736. You can also log on to The Department of Financial Services website.