Gov. Eliot Spitzer has drafted a proposal to offer protection to homeowners who may be at risk of losing their house due to the subprime-mortgage crisis.

The legislation comes with several provisions, including mandatory preforeclosure notice and consent conferences between borrowers and lenders. Spitzer also wants to strengthen the state's anti-predatory-lending statutes and make it easier for law-enforcement agencies to prosecute mortgage fraud and target foreclosure-rescue scams.

"With thousands of New Yorkers impacted by this crisis, we must enhance protections against predatory lending practices while continuing to make credit available to borrowers who have the ability to repay," the governor said.

Industry estimates say that 20 percent of subprime loans will end in foreclosure and 54 percent of all foreclosure filings are on subprime loans.

RealtyTrac Inc., a California-based trade group, reported 57,350 foreclosure filings affecting nearly 39,000 homes in New York state last year.

At the same time, Spitzer again railed at the federal government for not doing enough to assist homeowners, saying it's leaving it up to individual states to offer remedies. He said two plans offered by the Bush administration fall short of delivering a comprehensive solution because they exclude the majority of homeowners who need help.

Federal Reserve Chairman Ben Bernanke has also said there is a need for additional relief for homeowners, as he expects the mortgage crisis to continue for some time.