http://news.feetintwoworlds.org/2010/02/09/mortgage-modification-swindlers-prey-on-desperate-homeowners-in-brooklyn/ Fri, 10 Feb 2012 00:00:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://news.feetintwoworlds.org/2010/02/09/mortgage-modification-swindlers-prey-on-desperate-homeowners-in-brooklyn/comment-page-1/#comment-1724 Social costs of housing crash: Hispanic communities in NYC | mkcreative blog Wed, 24 Feb 2010 15:47:35 +0000 http://news.feetintwoworlds.org/?p=12362#comment-1724 [...] Eva Sanchis of FeetInTwoWorlds.org has recently reported about the ways shady mortgage modification schemes target the Hispanic community (in Brooklyn) with deals too-good-to-be-true, but with all the trappings of a reputable, government-backed, refinancing plan. From her post: “Companies that offer to modify mortgages and ask for large sums of money in advance are rarely legitimate. They usually do nothing for the people from whom they take money,” says Mike Mastman, a housing counselor with Grow Brooklyn, a Bushwick-based non-profit affiliated to the Brooklyn Cooperative. [...] [...] Eva Sanchis of FeetInTwoWorlds.org has recently reported about the ways shady mortgage modification schemes target the Hispanic community (in Brooklyn) with deals too-good-to-be-true, but with all the trappings of a reputable, government-backed, refinancing plan. From her post: “Companies that offer to modify mortgages and ask for large sums of money in advance are rarely legitimate. They usually do nothing for the people from whom they take money,” says Mike Mastman, a housing counselor with Grow Brooklyn, a Bushwick-based non-profit affiliated to the Brooklyn Cooperative. [...]

]]> http://news.feetintwoworlds.org/2010/02/09/mortgage-modification-swindlers-prey-on-desperate-homeowners-in-brooklyn/comment-page-1/#comment-1674 Stimulus Funds Are Not Enough to Fight Foreclosures in New York | Feet in 2 Worlds, immigration news Wed, 10 Feb 2010 10:07:33 +0000 http://news.feetintwoworlds.org/?p=12362#comment-1674 [...] Part I: In Brooklyn, Mortgage Crisis Eats Away Wealth of Several Generations of Hispanics Part II: Mortgage Modification Swindlers Prey on Desperate Homeowners in Hispanic Area in Brooklyn This series was possible thanks to a grant from New America [...] [...] Part I: In Brooklyn, Mortgage Crisis Eats Away Wealth of Several Generations of Hispanics Part II: Mortgage Modification Swindlers Prey on Desperate Homeowners in Hispanic Area in Brooklyn This series was possible thanks to a grant from New America [...]

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