Rip-Offs, Retainers and Rescue: Lawyers’ Committee and Loan Modification Scam Prevention Network Coalition Partners to Host Critical Town Hall Discussion on the National Foreclosure Rescue Fraud Epidemic and Attorney Involvement

Rip-Offs, Retainers and Rescue: Lawyers’ Committee and Loan Modification Scam Prevention Network Coalition Partners to Host Critical Town Hall Discussion on the National Foreclosure Rescue Fraud Epidemic and Attorney Involvement

WASHINGTON, D.C. – May 12, 2014 – (RealEstateRama) — The Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee) and its coalition partners in the Loan Modification Scam Prevention Network (LMSPN) will host an important town hall discussion about the impact of attorney involvement in foreclosure rescue options for distressed homeowners on Tuesday, May 13, 2014 from 1:30 to 3 p.m. at the Lawyers’ Committee’s offices, 1401 New York Avenue, NW, Suite 400, Washington, D.C.  This event is a follow up to the Lawyers’ Committee’s April 15, 2014 release of a comprehensive national report“Foreclosure Rescue, Inc.”which examines the foreclosure rescue fraud epidemic, scam trends and efforts to combat these fraudulent activities.

The Lawyers’ Committee and its coalition partners in the LMSPN have been tracking the foreclosure rescue fraud crisis since March 2010. As of early 2014, the national Loan Modification Scam Database, managed by the Lawyers’ Committee, has compiled over 40,000 complaints with total reported losses of over $90 million to homeowners. A particularly troublesome trend is the increasing prevalence of legal services entities (real or not) and attorneys among the scam complaints gathered in the Lawyers’ Committee’s Database.

The program will begin with welcoming remarks from Barbara R. Arnwine, president and executive director of the Lawyers’ Committee, followed by statistics and trends from the Database by Michael Tanglis, analyst in the Lawyers’ Committee’s Fair Housing and Community Development Project.  Featured experts will provide perspectives on the issue of attorney involvement in the area of foreclosure rescue/modifications. A moderated discussion will follow, encouraging debate among the featured experts and audience participation.
The event will be available via live webcast, livestream.lawyerscommittee.org.  To attend in person, please register here.

What
: Town Hall discussion exploring attorney involvement in national foreclosure rescue fraud epidemic

When
:  Tuesday, May 13, 2014

Where
:  Lawyers’ Committee, 1401 New York Avenue, NW, Washington, D.C., #400 (entrance is on 14th Street)

SPEAKERS INCLUDE: 

  • Barbara Arnwine – President and Executive Director, Lawyers’ Committee
  • Brad Dwin – Deputy Director, Hope Now
  • Samantha Friedman – SVP, Product Development and Client Services, HopeLoanPort
  • Linda Mullenbach – Senior Special Counsel, Fair Housing and Community Development Project, Lawyers’ Committee
  • Leah Frazier – Attorney, Federal Trade Comm., Bureau of Consumer Protection, Div. of Financial Practices
  • Josh Fuhrman – SVP, Business Development, Homeownership Preservation Foundation
  • Diane Cipollone – Director of Training, National Fair Housing Alliance
  • Rutledge Simmons – Deputy General Counsel, Neighborworks America
  • Yolanda McGill – Manager, Loan Modification Scam Prevention Network, Lawyers’ Committee

Media Contact/Inquiries:
Stacie B. Royster
202-662-8317 or 202-445-6101(c)

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