New York: Statewide Foreclosure Activity Still Well Above Prerecession levels

New York state continues to have high levels of foreclosure activity with new foreclosure filings remaining significantly higher than prerecession levels, according to a report released this week by State Comptroller Thomas P. DiNapoli.

“The foreclosure crisis is far from resolved, and there are still too many people losing their homes,” DiNapoli said. “In many places the situation has continued to get worse. Foreclosed properties displace families and weigh heavily on local communities, reducing property values and eroding tax bases. We must continue efforts to help homeowners and stem the spread of foreclosure-induced blight.”

Foreclosure filings rose rapidly after the housing bubble burst and the recession of 2008-2009 took hold. Between 2006 and 2009, the number of new foreclosure cases filed jumped from 26,706 to 47,664, an increase of 78 percent. In 2011 and 2012, new filings declined as new court rules were issued requiring lenders to affirm their claim to the property.

Since reaching a low of 16,655 in 2011, new filings climbed to 46,696 by 2013 before falling to 43,868 in 2014, still well above prerecession levels.

Local government data in NYS

Find information on the fiscal health of your communities and schools, the property tax cap and state spending and payments from the Office of the State Comptroller.

NYS Comptroller DiNapoli Releases Fiscal Stress Scores for Local Communities

Two dozen communities in New York have been designated as fiscally stressed under State Comptroller Thomas P. DiNapoli’s new Fiscal Stress Monitoring System. The list includes eight counties, three cities and 13 towns.

The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data (as of 5/31/2013) from annual financial reports submitted by local governments to the Office of the State Comptroller. This list (sorted in order of fiscal stress score) includes only municipalities with fiscal years ending on 12/31/2012. All towns and counties, 44 cities and 10 villages have a 12/31 fiscal year end.

Open Book New York

Where do your tax dollars go?

New Yorkers should know where their tax dollars are going. Open Book New York is part of State Comptroller Thomas P. DiNapoli’s effort to promote more openness in government and give taxpayers better access to the financial workings of government.

Track how the State is spending federal stimulus money. Data last updated March 30, 2012.

Find out what State agencies spend on salaries, travel and more. Data last updated March 30, 2012.

Look at active State contracts and see who is doing business with the State. Data is updated daily.

See how your county, city, town, village, fire or school district gets and spends your money. Data is updated annually.

Search for Lost Money

What is Lost Money?

For your protection, banks, insurance companies, utilities, investment companies and many other businesses are required by State law to surrender inactive accounts to the State. These accounts are known as “lost,” “abandoned,” or “unclaimed” funds.

The Office of the State Comptroller serves as custodian of this money. If you can prove you are entitled to the money, we will gladly return it to you, at any time, without charge. Until the money is claimed, it is used by the State’s General Funds, serving the citizens and taxpayers of the State of New York.