Public education program designed to educate public on mortgage lending process
John Trasviña, HUD Assistant Secretary for Fair Housing and Equal Opportunity, will officially launch the initiative at the
NFHTA and the National Community Reinvestment Coalition developed the two-to-three day seminars to be held in
Ø Mortgage Lending Discrimination and Predatory Lending;
Ø Financial Aspects of Lending;
Ø Foreclosure Prevention; and
Ø Borrower/Buyer Beware.
“In order to combat discriminatory lending and fraud, community advocates must be armed with education, training, and strategies to help the public,” said John Trasviña, HUD Assistant Secretary for Fair Housing and Equal Opportunity. “These seminars will allow participants to begin to obtain advice and, if necessary, file fair housing complaints.”
“Education and training are the keys to preparing individuals and professionals to deal with the current lending crisis,” said Percy Thomas, Executive Director of NFHTA. “I encourage both professionals in fair housing and individuals who are interested in the lending crisis to attend these trainings.”
Participants will receive practical, hands-on experience with the lending process, using actual loan documents and paperwork. All seminars are free and open to the public on a first-come first-serve basis. Individuals, agencies or organizations interested in attending a lending seminar must register online via http://www.nfhta.org.
HUD established the
For more information on the Academy’s Fair Lending Initiative seminars email Ms. M. Fuller via email at firstname.lastname@example.org.
HUD is the nation’s housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.
HUD No. 09-183