Press
Release
FOR IMMEDIATE RELEASE
Beach, Lunch and The American Dream
Communities
Join Forces With Housing Advocate and Author to Save The American
Dream. Shirin Sharkawi, Author and Housing Advocate
Dockweiler Youth Center, Los Angeles, CA
Los Angeles, CA (BlackNews.com) - Rene Taylor and Josefa Salinas,
have something in common, they have been in Radio for over 20 years,
both of them are community leaders, mothers and the face of Predatory
Lending Victims and Loan Modification scams. On December 12, at the
Dockweiler Youth Center in Los Angeles, CA, along with other community
members, they will tell their stories at Save The American Dream Round
Table and Community Town Hall meeting. The event is hosted by Shirin
Sharkawi, Author of Save The American Dream: How to Modify Your Mortgage
and Rebuild Your Credit, Housing Advocate and Host of the Nationally
Syndicated Homeownership Talk Segment, on the Warren Ballentine Show.
The
Round Table and Community Town Hall meeting will be Web Cast Live
to reach a national audience give Americans a voice to hold banks
and political leaders accountable for Predatory Lending and Loan Modification
scams (9:30 AM - 10:30 AM). A four hour FREE Workshop, with a $10
donation of canned goods for the local food banks, will take place
from 11:00 AM to 3:00 PM, courtesy of Shirin Sharkawi and Heritage
Begins Within Foundation. The workshop is a part of a blue print that
has been created to mitigate foreclosures, assist consumers in lowering
their mortgage payments, while rebuilding their credit and will travel
throughout the country starting in 2010. (www.savethedreamworkshop.com)
Currently,
the administration has fallen short in meeting their goal to have
lenders modify 5 million or more Americans. Approximately 2% of eligible
loans have been modified and the only way that banks are going to
work with consumers is if they are held accountable. The banks' lack
of cooperation has intimidated consumers to the point that 60% who
lose their homes never contact their lender for a work out plan. This
combined with loan modification scams and a lack of knowledge on consumers
behalf of the process, has spun foreclosures out of control.
"Loan
Modification scams and the lack of cooperation from banks, are stripping
the last of what Americans have and the success or failure of our
neighbor has a direct result on us and the global market," comments
Shirin Sharkawi.
Each
consumer that goes through the Workshop will be able to hold their
lender accountable. A lender report card will be created by each homeowner
and on a monthly basis the results will be sent to lenders, The Federal
Reserve, Treasury Department, President Obama, the media and posted
online. Consumers will also have on going support through an online
community that hosts thousands of homeowners all working together
with experts at www.homeownershiptalk.com
With
the support of community members, Battalion Chief Armando Hogan from
the LAFD, Sergeant Ronald Cato of the LAPD and President of the Oscar
Joel Bryant Foundation, The Bakewell Company, The Los Angeles Sentinel,
Danny Bakewell Jr., Black Personnel Association, December 12, will
unite people from all walks of life to Save The American Dream. People
are mobilizing to ensure that what happened in the recent financial
crisis does not happen again.
The
Round Table and Town Hall will be moderated by Josefa Salinas, Rene
Taylor from Hot 92 Jamz Radio and Nationally Syndicated Talk Show
Host, Warren Ballentine (www.thetruthfighters.com), Web Cast Live,
broadcast on the Nationally Syndicated Warren Ballentine Show and
on the Community Review on Hot 92 Jamz, the following week.
Invites
have been sent out to local and national political leaders, whom community
members want to hear from during these risky economic times. Collectively
the group attending will have the ears of over 5 million possible
voters who want to know what our local leaders plan on doing to assist
in preventing loan modification scams, predatory lending and putting
pressure on the banks to modify mortgages.
Homeowners
can sign up at: www.savethedreamworkshop.com or call 1-877-325-7411.
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