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NY Official Targets Inefficient Foreclosure Laws, Procedures

By Dani Kass (May 19, 2015, 7:45 PM EDT) -- New York Superintendent of Financial Services Benjamin M. Lawsky announced recommendations Tuesday to revamp the state's foreclosure laws, following a report his department released showing that it takes lenders in the state nearly three years on average to foreclose on properties, lagging far behind the expediency in most states....

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