Go to content / Go to navigation / Go to search



Foreclosure Prevention

The Foreclosure Prevention Project is committed to redressing the economic and social inequalities created by predatory lending practices.

In New York City, predatory lending practices threaten thousands of homeowners with foreclosure, stripping them of valuable equity in their homes. Predatory mortgage lending involves an array of abusive practices, including excessive points and fees, high-pressure sales tactics, misrepresentation of loan terms, aggressive solicitation of minority neighborhoods, and making loans without regard to the borrower’s ability to repay. Predatory lending has a disproportionate impact on minority and elderly homeowners, who often rely on their homes as their only form of financial security.

In the nearly ten years since its founding, the Foreclosure Prevention Project has assisted thousands of homeowners who have been targeted by predatory lenders. The Project litigates fair housing, consumer protection and other claims on behalf of homeowners in federal and state court; provides advice, advocacy and referrals to homeowners; conducts workshops about predatory lending for low- and moderate-income homeowners, and trains and advises community advocates and attorneys who serve at-risk communities.

The Foreclosure Prevention Project screens referrals from neighborhoods throughout New York City regardless of zip code. If you have an emergency be sure to describe the circumstances in your message. For non-emergency calls it may take several days for our staff to return your call.

To get help from the Foreclosure Prevention Project, please leave a message with the project’s hotline at 718-246-3279

Funding

The Foreclosure Prevention Project is generously funded by:

  • The U.S. Department of Housing and Urban Development
  • Center for New York City Neighborhoods
  • Robin Hood Foundation
  • The Institute For Foreclosure Legal Assistance
  • FJC: A Foundation of Philanthropic Funds
  • Division of Housing and Community Renewal
  • New York State Banking Department
  • Leona and Harry B. Helmsley Foundation Inc.

Unit Staff

SBLS Foreclosure Director Meghan Faux Helped Plan Newly-Passed Mortgage Legislation

Meghan Faux, Director of the Foreclosure Prevention Project, worked with Assembly Member Helene Weinstein and the statewide “New Yorkers for Responsible Lending” coalition to gain passage of ground-breaking legislation to help people in foreclosure.

...continue reading "SBLS Foreclosure Director Meghan Faux Helped Plan Newly-Passed Mortgage Legislation" >

* (Foreclosure Prevention) 29 December 09 More Foreclosure Prevention spotlights >

Woman Rescued from Subprime Mortgage by SBLS

Martha King, a 66-year-old retired woman who spent 25 years working for the telephone company, became a South Brooklyn Legal Services client at the beginning of this year after she was dragged into a sub-prime mortgage with IndyMac.

...continue reading "Woman Rescued from Subprime Mortgage by SBLS" >

* (Foreclosure Prevention) 29 December 09 More Foreclosure Prevention spotlights >

microphone

Events


news

News