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Groups Band Together to Provide the Second in a Series of Discriminatory
Predatory Lending Forums
The collapse of the subprime market has had a devastating impact on our
community at-large. According to a study conducted by the Colorado Civil Rights
Division, in 2006 subprime loans were given to one in five white borrowers, one
in 2.3 African American borrowers, and also one in 2.3 Hispanic borrowers.
People of color are twice as likely to receive subprime loans.
The Pueblo Human Relations Commission (PHRC), in partnership with Catholic
Charities, Consumer Credit Counseling, the Department of Regulatory Affairs Real
Estate Division, and the Colorado Civil Rights Division is offering a free forum
for families who are worried that they may lose their home or have lost their
home to foreclosure within the past year.
Thanks to a grant provided by the Colorado Civil Rights Division, PHRC will
work to advise homeowners on how to protect themselves against unscrupulous
mortgage lenders and will attempt to help families caught in the throes of
foreclosure. The forum will be held on Wednesday, September 10th from 5:30 pm to
7:30 pm at the Rawlings Public Library on the 4th Floor. There is no cost to
attend. The Rawlings Library is located at 100 E. Abriendo Avenue. Light
refreshments will be served. Spanish language translators will be on-hand.
According to Steven Chavez, Division Director of the Colorado Civil Rights
Division, “CCRD is very hopeful that through its partnership with the PHRC, that
citizens will come forward and meet with CCRD if they believe they have been the
victims of discrimination. CCRD, in appropriate circumstances, will then
investigate cases to determine if discrimination occurred. CCRD will recommend
the prosecution of certain cases to the Colorado Civil Rights Commission.”
The Pueblo Human Relations Commission, a local nonprofit organization, works
to promote mutual understanding, respect, dignity and equal opportunity for all.
PHRC works to prevent and resolve community conflicts and tensions arising from
actions, policies and practices perceived to be discriminatory on the basis of
not only race but also creed, color, disability, gender, sexual orientation,
religion and national origin.
For further information or to reserve your space at the forum, contact Sandra
Daff at PHRC at 542-0112
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