The Knowledge Group
The Knowledge Group

Jane Azia, Director of Non-Depository Institutions & Consumer Protection, NY State Banking Department to Speak at KC’s Event on “Foreclosure Prevention” on 01/09/09

New York, NY, November 09, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Jane Azia, Director of Non-Depository Institutions and Consumer Protection, New York State Banking Department will speak at the Knowledge Congress’ upcoming webinar entitled “Foreclosure Prevention for Banks & Credit Unions”. This 2-hour event is scheduled for January 9, 2009, Friday, at 1:00 PM - 3:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_for.html)

The recent extended credit crisis has caused a record number of home foreclosures. While tragic for homeowners, this also presents considerable difficulties for banks and credit unions. Home foreclosures often require banks to take possession and forcing them to sell the properties at a loss. The key to minimizing these risks is to take steps internally to help prevent at least some foreclosures.

The Knowledge Congress has assembled a group of key thought leaders in this area who will help your institution understand how to take preventive measures in this area. The group will present their findings in an upcoming webinar.

About Jane Azia

Jane Azia recently joined the New York Banking Department as the Director of Non-Depository Institutions and Consumer Protection. Prior to joining the Banking Department, Jane worked for nearly 25 years in the Office of the New York Attorney General, most recently as head of the Attorney General’s Internet Bureau and special counsel for consumer litigation. She has experience in a wide range of consumer issues, including credit and financial services and predatory lending. She is a graduate of Northwestern University and New York University School of Law.

About New York State Banking Department

The Department is the primary regulator for state-licensed and state-chartered financial entities, including domestic banks, foreign agencies, branches and representative offices, savings institutions and trust companies, credit unions and other financial institutions operating in New York including mortgage bankers and brokers, check cashers, money transmitters, and licensed lenders, among others.

The Department's legislative mandate is to insure the safe and sound conduct of these businesses, to conserve assets, to prevent unsound and destructive competition, to maintain public confidence in the banking system, and to protect the public interest and the interests of depositors, creditors and shareholders.

Established in1851, the New York State Banking Department is the oldest bank regulatory agency in the nation. Almost 73 percent of the agency's nearly 600 full-time employees are bank examiners. Yet New York State's taxpayers aren't asked to pay for bank regulation. Instead, the revenues to fund the Department's operating budget are derived from the fees paid to it by state-chartered institutions.

For more information about Jane Azia and New York State Banking Department, please visit: http://www.banking.state.ny.us/

About The Knowledge Congress

The Knowledge Congress is an organization that produces webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webinars to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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