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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

Mandatory settlement conferences in the news

Foreclosure Prevention Project Director Jennifer Sinton talks to WCNY about why settlement conferences are so important to homeowners trying to avoid the loss of their homes.

...continue reading "Mandatory settlement conferences in the news" >

* (Foreclosure Prevention) 7 May 14 More Foreclosure Prevention spotlights >

NYS Attorney General announces intent to sue Bank of America and Wells Fargo for violations of national mortgage settlement

South Brooklyn Legal Services stood with Attorney General Eric T. Schneiderman yesterday as he announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement.

Attorney General Schneiderman announced the legal action at his office. The Attorney General was joined by New York Communities for Change, Center for New York City Neighborhoods, Empire Justice Center, Faith NY, South Brooklyn Legal Services, and representatives of housing counseling agencies and legal services organizations that assisted his office in documenting violations by the banks. He was also joined by homeowners who have suffered delays in the mortgage modification process in violation of the Servicing Standards.

...continue reading "NYS Attorney General announces intent to sue Bank of America and Wells Fargo for violations of national mortgage settlement" >

* (Foreclosure Prevention) 7 May 13 More Foreclosure Prevention spotlights >

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