Wednesday, April 23, 2008

Upcoming: Predatory Lending Seminar Tonight

There will be a seminar on predatory lending tonight. It takes place at 7PM at Boricua College, which is located at 186 N. 6th Street in Williamsburg. It's described as a "Town Hall Meeting to Discuss Predatory Lending and Mortgage Foreclosure." It will include Brooklyn DA Charles Hynes, Assem. Joe Lentol, State Sen. Martin Connor and State Sen. Martin Dilan. Here's a bit from the release:
District Attorney Hynes, Senators Connor and Dilan and Assemblyman Lentol are co-sponsoring a predatory lending seminar where they will discuss how to prevent predators from swindling you through high cost home loans and home equity theft. They will also discuss mortgage foreclosure scams. The goal is to inform homeowners and potential homeowners of their rights and what signs to look out for if they are being scammed. Some of the questions that will be answered include how to recognize that you are being targeted due to your race or national origin, or because you are economically vulnerable.
Predatory lending is an exceptionally nasty business that is related to, but that pre-dates the current credit and sub-prime crisis.


WHERE:

CONTACT: Sandy Silverstein

718-250-2300

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