Webinar

The First Black American Newswire Service!

“We distribute news and press releases to African American, Caribbean and African newspapers, magazines, radio and television stations at the state, regional and nation-wide level, around the clock”

home
news channels
our services
about us
newsletter
logo thrivin
Thrivin' is a monthly newsletter distributed by Black PR Wire. For more information on the latest trends and happening highlights in the media, go to 'Thrivin', an excellent source for news. Click here to subscribe.
Currently 14 active users
Press Releases

For Immediate Release

September 29, 2009

Contact Information

Shantae Goodloe
(202) 708-0685

(BPRW) HUD TO LAUNCH FAIR LENDING EDUCATION PROGRAM

Public education program designed to educate public on mortgage lending process

(BLACK PR WIRE) (September 29, 2009) WASHINGTON – The U.S. Department of Housing and Urban Development and the Patricia Roberts Harris National Fair Housing Training Academy (NFHTA) today announced a new education initiative to address fraudulent, predatory and unfair lending practices of some mortgage lenders. The Academy and HUD’s Fair Housing Assistance Program (FHAP) partners will provide a series of free public seminars in eight cities across the country to help educate the public on lending issues and how to avoid foreclosure.

John Trasviña, HUD Assistant Secretary for Fair Housing and Equal Opportunity, will officially launch the initiative at the Southern California kickoff event on Monday, October 5, 2009, at 9 a.m. at the Marina del Rey Hotel, 13534 Bali Way in Marina Del Rey, CA, 90292.

NFHTA and the National Community Reinvestment Coalition developed the two-to-three day seminars to be held in Cleveland, OH; Fort Worth, TX; Los Angeles, CA; Miami, FL; Phoenix, AZ; Philadelphia, PA; Salt Lake City, UT; and Stockton, CA. Spanish interpreters will be available for each seminar. Seminar topics include:

• Mortgage Lending Discrimination and Predatory Lending;
• Financial Aspects of Lending;
• Foreclosure Prevention; and
• Borrower/Buyer Beware.

“In order to combat discriminatory lending and fraud, community advocates must be armed with education, training, and strategies to help the public,” said John Trasviña, HUD Assistant Secretary for Fair Housing and Equal Opportunity. “These seminars will allow participants to begin to obtain advice and, if necessary, file fair housing complaints.”

“Education and training are the keys to preparing individuals and professionals to deal with the current lending crisis,” said Percy Thomas, Executive Director of NFHTA. “I encourage both professionals in fair housing and individuals who are interested in the lending crisis to attend these trainings.”

Participants will receive practical, hands-on experience with the lending process, using actual loan documents and paperwork. All seminars are free and open to the public on a first-come first-serve basis. Individuals, agencies or organizations interested in attending a lending seminar must register online via http://www.nfhta.org.

HUD established the Patricia Roberts Harris National Fair Housing Training Academy in 2004 as the premier national training institution providing comprehensive fair housing and civil rights training and education. NFHTA provides fair housing and civil rights training that federal, state, and local agencies, educators, attorneys, industry representatives and other housing industry professionals need to enforce fair housing laws and eliminate housing discrimination. The FHAP provides grants annually on a noncompetitive basis to equivalent State and local fair housing enforcement agencies that help protect families and individuals who believe they have been victims of discrimination.

For more information on the Academy’s Fair Lending Initiative seminars email Ms. M. Fuller via email at mfuller@nfhta.org.

back to top

The content and opinions expressed within this press release are those of the author(s) and/or represented companies, and are not necessarily shared by Black PR Wire. The author(s) and/or represented companies are solely responsible for the facts and the accuracy of the content of this Press release. Black PR Wire reserves the right to reject a press release if, in the view of Black PR Wire, the content of the release is unsuitable for distribution.

Follow Us on Facebook

Follow Us on Twitter

The HookUp

bdn

HBCU project

bprw side

partner businesswire

partner prsa

partner PR Newswire

partner asian prwire