Urban CNY Money

Urban CNY Money is a section devoted to money management, tips and techniques to empower the individual. We bring you writers and links to other sources that can assist you in managing your funds. (Always consult a certified financial professional, these columns are meant to help individuals and families find solutions)


Attorney General James Secures $500,000 for New York Homeowners in Need of Mortgage Assistance

Agreement with Champion Helps to Fund AG’s New Reverse Mortgage Assistance Program Benefiting Senior Citizens New York – New York Attorney General Letitia James today announced a $500,000 settlement with Champion, the reverse mortgage servicing division of Nationstar Mortgage LLC, over allegations that Champion failed to provide homeowners with the clear, accurate information they needed More »


Consumer Alert: Division of Consumer Protection Assists Consumers in Recouping Nearly $3 Million in 2020 Tied to COVID-19 Related Complaints

Division of Consumer Protection Assisted Nearly 32,000 NYers With a Variety of COVID-19 Related Complaints National Consumer Protection Week (NCPW) Takes Place February 28 – March 6 NCPW Helps Consumers Understand Rights & Resources Available To kick off National Consumer Protection Week, the New York State Division of Consumer Protection (DCP) today announced it assisted More »




New York State Division of Consumer Protection and the New York Department of Financial Services Alert about Two New Laws that Provide Protections on Recurring Services, and on Inactivity Fees

New York Consumers Have New Protections Relating to Recurring Services and Relating to Inactive Accounts  New Consumer Protections Put The “Free” Back in “Free Trial”  The New York State Division of Consumer Protection and the New York State Department of Financial Services are issuing this alert to consumers regarding two new laws – one providing More »


Attorney General James Renews Suspension of State Debt Collection for 10th Time as Coronavirus Continues to Impact New Yorkers’ Wallets

New Yorkers with Student and Medical Debt Referred to AG’s Office Will Have Payments Automatically Frozen Through February 28, 2021 New York – New York Attorney General Letitia James today announced that the state has renewed, for the 10th time, an order to halt the collection of medical and student debt owed to the state More »


Consumer Alert: The Department of State and Division of Consumer Protection Warn of Email Phishing Scheme

Scammers Use Fake Email to Try to Get Users to Click on Fraudulent Link The New York State Department of State and the Division of Consumer Protection today warned New Yorkers of an email phishing scheme. These illegitimate emails ask recipients to verify their profile to avoid experiencing delay and future problems in renewing their More »


Governor Cuomo Announces Proposal to Expand Home Ownership in Historically Redlined Communities to Bridge the Racial Wealth Gap as Part of the 2021 State of the State


Package of Reforms to Increase Access to Mortgages Loans for Low- and Moderate-Income Borrowers in Underserved Communities Governor Andrew M. Cuomo today announced a targeted package of reforms aimed at increasing homeownership rates in communities that have been adversely impacted by redlining as part of the 2021 State of the State. The package will enable More »


Governor Cuomo Announces Proposal to Prohibit Utility Disconnections During Emergencies as Part of 2021 State of The State

Proposed Legislation Would Establish an Automatic Moratorium on Utility Disconnections in Regions Under States of Emergency   Applies to Electric, Gas, Water, Telecommunications, Cable and Internet Governor Andrew M. Cuomo today announced a proposal to prohibit utility disconnections in regions that are under a state of emergency as part of the 2021 State of the More »


Consumer Alert: The Division of Consumer Protection Urges New Yorkers to be Aware of COVID-19 Scams Tied to Federal Economic Impact Payments

Scammers Using A Variety of Methods Tied to COVID-19 Economic Impact Payments to Target Consumers  The New York State Division of Consumer Protection (DCP) is alerting consumers about scammers taking advantage of COVID-19 economic stimulus payments. With another round of economic stimulus payments approved by Congress, scammers will be sending phishing emails, texts and phone More »