Mortgage Assistance Relief Scams: What Advocates Should Know & Updates on Regulation (Webinar)

Wednesday March 10
2010

  • By: National Consumer Law Center
  • Time: 11:00 AM - 12:30 PM
  • Time Zone: Pacific Time (US & Canada)
  • Location:
    Your Office, CA
  • Contact:
    Jessica Hiemenz
    National Consumer Law Center
  • Website: www.ConsumerLaw.org
  • Source: CALegalAdvocates (Decommissioned) > CALegalAdvocates.org

High rates of foreclosures continue to affect many neighborhoods as the earlier plague of predatory lending has been compounded by high unemployment rates. While the government and mortgage servicers struggle to address this problem, scammers have taken the opportunity to prey upon homeowners' desperation by offering forms of "help," or foreclosure "rescue," that often leave homeowners worse off than they were before.

This webinar will describe the most common foreclosure rescue scams: deceptive sale-leasebacks, loan modification services, loan audits, short sale scams. The discussion of common scams will cover why these scams have been successful, how to avoid them, and legal strategies for addressing sale-leasebacks. We will also discuss the Federal Trade Commission's recent proposal for cracking-down on these scams including a description of the FTC's proposed regulations and findings.

Andrew Pizor is a Staff Attorney in the National Consumer Law Center's Washington, DC office where he works on issues related to mortgage financing and defending homeowners from foreclosure. He is a contributing author to the Foreclosures, Truth In Lending, and Cost of Credit manuals. He was previously a senior staff attorney at the Connecticut Fair Housing Center, an associate at Consumer Law Group, LLC, and was the first staff attorney hired by the Legal Services Corp. of Delaware. He is a graduate of Georgetown University and Fordham University School of Law.

Sponsorship for this Webinar is provided by the National Consumer Law Center and a grant from the Administration on Aging. This webinar is in a series of National Elder Rights Training Project webinars for the National Legal Resource Center.

There is no charge for this webinar, and space is limited. To register, click on the following link:

https://www1.gotomeeting.com/register/271354129

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