Saturday, August 28, 2010

Law Students Take To Orlando-Area Streets Warning Vulnerable Homeowners Away From Foreclosure Rescue Scams, Loan Refinance Rackets

In Orlando, Florida, Voice of America News reports:

  • A group of students in the southern state of Florida is taking its studies to the streets. The law students from Florida A&M University are going door-to-door in low-income neighborhoods to educate residents about property foreclosures and loan refinancing scams. The program is backed by a national nonprofit organization created by Congress to help revitalize communities.

  • As they walk the streets of Pine Hills, a suburb of Orlando, the students don't have to go far to find victims of the collapse of the US housing market. People like Louvon and Thomas Roberson, who are struggling to stay in their home. They paid a company to help them get a mortgage loan modification but their loan was not modified and, they say, the money they paid to the company was not returned. [...] The Robersons now attend a clinic at Florida A&M's law school. The law students [...] are helping them take action in small claims court to recover their money.

For the story, see Law Students Help Homeowners Facing Foreclosure (Last line of defense for families facing loss of their homes).

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