NEDAP News Archive

NEDAP receives frequent coverage in print and broadcast media.  Below are some examples of NEDAP in the media from 2002-2008.*  See NEDAP News Coverage for more recent news items. 

Click on the links below for specific years:

• 2010
• 2009
• 2008
• 2007
• 2006
• 2005
• 2004
• 2003
• 2002

2010

• New York Post , 12/17/2010, Banks to Fed: Water down mortgage rule

• The Brooklyn Ink, 12/15/2010, Under Water: Brooklyn Residents Battle JP Morgan to Keep Their Homes

• NEDAP 2010 Media Snapshot

• The Huffington Post, 11/30/2010, NYC Needs a Responsible Banking Act

• WBAI 99.5FM, 11/11/2010, Wakeup Call

• El Diario, 11/4/2010, Reembolsos para los Inmigrantes

• GritTV with Laura Flanders, 10/28/2010, Fighting Foreclosure Fraud

• Al Jazeera English, 10/27/2010, Foreclosure abuses by Bank of America

• The Huffington Post, 10/23/2010, The Flaw: Examining the Roots of Economic Malaise

• NBC Today Show, 10/19/2010, Debt Collectors and You: The Dangers of Debt Buyers

• WNYC 93.9 FM, 10/15/2010, Foreclosure freeze

• NBC New York, 10/14/2010, How NOT to Get Ripped Off On Your Mortgage

• Al Jazeera English, 10/13/2010, US banks face mortgage probe

• Crain's New York, 10/8/2010, Bank of America calls time out on foreclosures

• WWRL 1600 AM, 10/7/2010, Redlining Returns

• WNYC 93.9 FM, 10/4/2010, Financial 411: More Lenders Suspend Foreclosures

• Crain's New York, 10/3/2010, Southeast Queens is foreclosure central

• WBAI 99.5 FM, 10/1/2010, You and Your Money

• Queens Chronicle, 9/9/2010, Civic Forum Informs Area Property Owners

• Brooklyn Daily Eagle, 8/23/2010, Check Cashing Stores: Will They Soon Make Loans?

• NY1 News, 8/16/2010, How a Reverse Mortgage Can Help or Harm an Older Homeowner

• Pro Publica, 8/10/2010, New York Jumps Ahead of Feds With Law Holding Mortgage Companies Accountable on Mods

• Buffalo News, 8/9/2010, Rent to Own Law Worries Consumer Advocates

• Crain's New York, 8/5/2010, IRS Takes a Stick to High-Interest Refund Loans

• New York Daily News, 8/5/2010, article on new state Rent-to-Own law

• Buffalo News, 7/29/2010, Both Sides Weigh In On Rent-to-Own Bill

• Buffalo News, 7/15/2010, Proposal on Buying of Old Debt Opposed, Plan Aims to Prevent Abusive Tactics

• New York Law Journal, 7/9/2010, Measure Opposed by Bankers' Group Would Allow Ownwers to Recover Attorney's Fees in Foreclosures

• City Limits, 7/1/2010, Help (Still) Wanted: Banks go slow on fixing bad home loans

• WWRL Morning Show, 6/22/2010, on collection abuses by the debt buying industry.

• Univision, 6/20/2010, Cuidado con la unificacion de deuda

• New York Daily News, 6/20/2010, Rein in wild debt collectors: Thousands of New Yorkers are being unfairly targeted

• PRNewswire, 6/16/10, New Yorkers Harmed by Debt Collection Abuses Speak Out

• The New York Times, 5/30/10, Blacks in Memphis Lose Decades of Economic Gains

• City Limits , 5/27/10, Report: Fraud Common Among Top Debt Buyer

• The Washington Post, 5/25/10, How debt buyers prety on the disadvantaged: A report

• Collections & Credit Risk, 5/25/10, New Report Examines Debt Collection Abuses

• Reuters blog, 5/25/10, The Sleazy World of Predatory Debt Buyers

• Crain's New York, 5/24/10, Study: Debt collectors typically violate state law

• The Daily Record, 5/20/10, TARP banks cut lending to Rochester minorities

• Democracy Now!, 5/19/10, Protesters Rally at N.Y. Offices of JPMorgan Chase

• Euronews, 5/19/10, New York Community Housing Organisations Demonstration

• Life, 5/18/10, Demonstrators Protest Outside JPMorgan Chase's Annual Shareholders Meeting

• New York Daily News, 5/16/10, Bank on their bad behavior: Bailed-out financial institutions are repaying us in the worst ways

• City Limits, 5/14/10, Banks Redline Minority Communities Again

• CNBC, 5/13/10, Crisis Cut US Minority Mortgage Access: Study

• AOL Housing Watch, 5/13/10, Refinancing Bias: Does Race Play a Role?

• Marketplace Morning Report, 5/13/10, on decline of prime mortgage lending in communities of color.

• Crain's New York, 4/28/10, Chase exits controversial 'rapid refund' lending

• Marketplace , 4/27/10, Stricter credit impacts rapid tax refund

• LegislativeGazette.com, 4/26/10, Crackdown sought on debt scams and foreclosure abuse

• Grit-TV with Laura Flanders, 4/23/10, Foreclosures & Financial Reform

• Americans for Financial Reform, 4/22/10, New York Leaders Rally for Real Financial Reform

• WWRL Morning Show with Errol Louis, 4/15/10, on mortgage lending discrimination

• The Washington Post, 4/15/10, Cracking down on unscrupulous tax-return preparers

• CounterPunch, 4/2/10, Obama's Economic Brain Trust

• The Washington Independent, 3/31/10, Refund Anticipation Loans Continue to Harm
  Low-Income Taxpayers

• Center for NYC Affairs panel , 2/25/10, Banking Under the Mattress: Financial Literacy and Unbanked New Yorkers

• Finance Tech, 2/25/10, New York City's Underbanked Population: Growing and Mistrustful of Banks

• In These Times, 2/19/10, Open Season on Working Poor, as Tax Day Nears

• WNYC, 2/8/10, Morning Edition

• El Diario La Prensa , 2/8/10, Bushwick is dying

• El Diario La Prensa, 2/8/10, Bushwick se muere

• El Diario La Prensa , 2/3/10, The fallacy of instant money

• Univision 41, 2/3/10, Nuevas reglas en tarjetas de crédito

• Bronx News Network, 1/28/10, Usurious Tax-Time Loans Drained $22.5 Million from the Bronx in Just One Year

• Caribbean Life, 1/27/10, Tax-time, multimillion-dollar rip-offs

• WalletPop, 1/18/10, Dirty tricks of debt collection: What you need to know

• Women's eNews, 1/15/10, Women's Key to Home Ownership Opened Debt Trap

2009

• The New York Times, 12/30/09, Suit Claims Fraud by New York Debt Collectors

• New York Daily News, 12/27/09, He burst the bubble! Real estate speculator Lloyd Varma defaulted on 20 loans for 10 Queens homes

• El Diario La Prensa , 12/17/09, Mayor protección contra embargo hipotecario

• The Epoch Times, 12/16/09, Demonstrators Demand Compensation in Front of Goldman Sachs Building

• Stargazette.com, 12/15/09, Paterson signs stronger laws on home foreclosures

• The Business Insider, 12/7/09, Debt Collectors Raiding Coffers of Homeowners with Second Mortgages

• Staten Island Advance, 12/6/09, Homeowners are getting hit a second time

• ABC World News with Charles Gibson, 11/25/09, Judge Voids Mortgage Payment

• The New York Times, 11/19/09, Study Shows Link Between Segregation and Subprime Loans

• LegislativeGazette.com, 11/3/09, Lawmakers hear testimony about mortgage fraud

• New York Daily News, 11/1/09, Water liens could trigger rash of foreclosures on low-income housing units

• La Raza, 10/19/09, Casero negligente pierde viviendas

• Grit-TV with Laura Flanders, 10/20/09, Still Waiting on our Bailout

• City Limits, 10/12/09, Mortgage and the Mayor: Candidates on Foreclosure

• Queens Chronicle, 10/8/09, C.B. 10 Talks Racino and Foreclosures Issues

• The New York Times, 10/6/09, The Hidden Price of Prepaid Debit

• The Queens Courier, 9/15/09, Program to protect homeowners to expire

• Democratic Dialogue, 8/25/09, Interview on financial regulatory reform, with host Maria Luna

• The Hellenic News of America, 8/20/09, Rep. Maloney: Today's Credit Card Reforms "the Beginning of the End of Unfair Practices by Card Issuers"

• City Limits, 8/18/09, On Exhibit: Housing Folly and Failure

• Feet In 2 Worlds, 8/13/09, Immigrant Neighborhoods in New York Continue to Reel From
  Mortgage Foreclosures and Job Losses

• Staten Island Real-Time News, 8/1/09, Deep in debt and the calls won't stop for Staten Islanders

• Credit Union Times, 7/29/09, Myths About Serving Immigrants

• WBAI-Radio - Evening News, 7/14/09, on impending consumer protection regulations

• WOR-News Talk Radio 710, 7/14/09, Taking a "Bite" Out of Morgan Stanley

• The Epoch Times, 7/9/09, Officials Announce Free Homeownership Assistance Opportunity

• The New York Times, 7/7/09, Mapping a Bird's-Eye View of Foreclosure Misery

• New York Daily News, 6/21/09, A subprime mortgage wolf tries wearing sheep's clothing

• The New York Times, 6/12/09, Penetrating the Maze of Mortgage Relief

• Office of the NYS Attorney General, 6/9/09, Cuomo Announces Intent to Sue "Amerimod" Loan Modification Company in Investigation of Foreclosure Rescue Scams Targeting Homeowners Nationwide

• American Banker, 6/2/09, Test Case for Why Underbanked Still Elude Industry

• Staten Island Real-Time News, 5/31/09, Recession a boon to some doing business on Staten Island

• The New York Times, 5/29/09 Avoiding Foreclosure

• Fox 5 News, 5/14/09, Hearings on Abusive Debt Collectors

• WYNC-Radio - New Law Says Lenders and Borrowers Meet to Fend Off Foreclosures, 5/6/09, on effectiveness of NYS foreclosure prevention law

• Brooklyn Daily Eagle, 4/7/09, Solutions! McMahon Hosts Foreclosure Prevention Forum

• City Limits, 4/6/09, National Bank Crisis Echoes on Local Streets

• Gotham Gazette, 4/6/09, Home Shops: 'One Stop' on the Road to Foreclosure

• Bloomberg, 4/2/09, Minorities Didn't Pay Higher Subprime Rates, Fed Study Shows

• Afro-Netizen, 3/17/09, It's Not Money Like Magic: Magic Johnson pitches for predator Jackson Hewitt

• Gotham Gazette, 3/16/09, How to Fight an International Landlord

• Crain's New York Business, 3/14/09, Bank-starved Bronx to get hungrier still

• The Queens Times, 3/12/09, Mortgage Scams on the Rise, Targeting New Yorkers

• New York Law Journal, 3/10/09, Foreclosure Conferences Get Off to Modest Start

• Associated Press, 3/8/09, Councilman warns of foreclosure scams

• WNYC-Radio - When a House is in Danger of No Longer Being a Home, 3/4/09, on Obama foreclosure mitigation plan

• The New York Times Company, 2/26/09, The New York Times Company Announces the 10 Semifinalists for the Third Annual Nonprofit Excellence Awards

• WWRL Morning Show with Errol Louis, 2/19/09, on Obama Administration's Foreclosure Prevention Plan

• Democracy Now!, 2/19/09, on Obama Administration's Foreclosure Prevention Plan

• YourNabe.com, 2/18/09, Banks' foreclosure freeze may help SE Qns. debtors

• BBC World Service, 2/18/09, on Obama Administration's Foreclosure Prevention Plan

• Grit-TV with Laura Flanders, 2/18/09, Will You Be Able to Keep Your Home?

• Crain's New York Business, 2/18/09, Temporary halt to foreclosures urged for New York

• Fox Business News, 2/4/09, on rent-to-own stores

• WBAI-Radio - You & Your Money, 1/29/09, on Earned Income Tax Credit and Tax Refund Anticipation Loans

• Brian Lehrer Live, 1/28/09, A Culture of Extremes

• YourNabe.com, 1/28/09, Boro group to host senior lending forum

• YourNabe.com, 1/8/09, Hope on the Horizon

2008

• Newsday.com, 12/2/08, Cushion for Debtors: Some protection for living expenses

• The New York Times, 12/1/08, Letter to the Editor

• BBC News, 12/1/08, Foreclosure Sales on Rise in the US

• Fox 5 News, 11/28/08, Dollars and Sense: Credit Card Shopping

• Norwood News, 11/19/08, Will Scarce Bronx Banks Become Scarcer?

• WNYE-91.5 FM, Interview on "The Communiqué," with Bill Henning

• Ch. 2-CBS News, 11/17/08, Many Banks Taking Tough Times Out On Its Customers

• K-ROCK-92.3FM, 11/16/08, Interview on financial justice issues, with K-ROCK Magazine host, Bob Salter

• New York Daily News, 11/14/08, Mr. Bush, come tell the ghosts in Queens your financial plan

,

• New York Daily News , 11/6/08, Mortgages plunge by 50% in some Brooklyn minority communities

• The Village Voice, 11/4/08, Wall Streetwalkers: The Sleazy Lehman Brothers Subsidiary

• New York Daily News, 10/28/08, Minorities hit hard in mortgage crunch

• Staten Island Advance, 10/3/08, Island Leads City in Rate of Foreclosures, Data Firm Says

• The Real Deal, 9/29/08, Mortgage servicers sucking loans dry?

• Channel 11/WPIX news, 9/25/08, Economic Bailout: What is $700 Billion Worth?

• Daily News, 9/23/08, Henry Paulson still looking to protect rich after crisis

• Village Voice, 9/3/08, Fighting Foreclosure: Subprime Borrowers Battle (and Beat) Lenders

• Newsday.com, 8/27/08, Fannie, Freddie pull out of New York subprime market

• WBAI-radio, 8/22/08, You and Your Money (interview starts at 3:17)

• New York Times Sunday Magazine, 8/17/08, A sub subprime language glossary for the mortgage scandal

• Gannett News Service, 8/16/08, Mortgage company balks at N.Y. loans

• Crain'sNY Business.com, 8/15/08, Paterson defends new mortgage law

• Newsweek, 8/9/2008, The Predators' Ball: Fannie Mae and Freddie Mac have helped defang laws that might have prevented the subprime mess

• El Diario, 8/4/2008, Limited lifeline for stressed homeowners

• LoHud.com, 8/1/2008, Home foreclosures, mortgage fraud on the rise in New York

• Crain's New York Business, 7/25/2008, S.I. foreclosures nearly double in 2Q

• Newsday.com, 7/11/2008, Accountability to stem housing slide, foreclosures

• American Banker, 7/10/2008, More Uniformity Sought for Debtor Garnishment

• GRITtv with Laura Flanders, The Risky Borrower Myth: How the Subprime Crisis Happened, aired on Free Speech TV

• Buffalo News, 7/6/2008, State Legislature passes bill giving pensioners better shield from creditors

• Public News Service, 6/25/2008, "Hedge Managers in Cuffs, Home Prices Plunging - What Next?"

• New York Times News Analysis, 6/22/2008, In Confronting the Foreclosure Crisis, a Bill Strikes a Balance

• ABC News, 6/16/2008, Judge steps in over interest rate

• Albany Times Union, 6/11/2008, Lawmakers wrangle over foreclosure proposals

• Crain's New York Business, 6/8/2008, Banks Act to Rework Mortgages

• Daily News, 6/5/2008, Wanted: State's Mr. Fixit

• The Real Deal, 6/2/2008, Taking one-stop shops to court

• The Real Deal, 6/2/2008, For banks, foreclosed homes pile up

• LoHud.com, 5/23/2008, With foreclosures on the rise, state remains without a remedy

• Cleveland.com, 5/14/2008, Churches help with mortgage crisis

• Democrat and Chronicle, 5/13/2008, New York Senate considers bill to reduce foreclosures

• Our Time Press, 5/8/2008, Mortgage Meltdown is Déjà Vu All Over Again

• Gotham Gazette, 5/8/2008, Can New York Avoid a Foreclosure Crisis?

• Crain's New York Business, 5/7/2008, NY Assembly OKs foreclosure moratorium

• Staten Island Advance, 5/04/2008, Staten Island property records remain informational 'black hole'

• The Indypendent, 4/25/2008, Facing Foreclosure:  Brooklyn Retiree on Verge of Losing Home as Subprime Lenders Target Cash-Poor Black Seniors

• El Diario, 4/23/2008, Peligra casa por papeles falsos

• The Deal Reporter, 4/16/2008, Countrywide/Bank of America: Advocacy groups not opposed to merger, just want policy changes, leaders say

• Guardian UK , 4/11/2008, Troubled US homeowners fall prey to 'rescue' scams

• Daily News, 4/8/2008, Justice on side of loan victims

• The Real Deal, 4/7/2008, New nonprofit to fund foreclosure fight

• This Old House, 3/17/2008, 11 Tips for Avoiding Foreclosure

• The Brooklyn Rail, 3/10/2008, Subprime Crimes From Wall Street to Brooklyn and Beyond

• USA Today, 3/6/2008, Report: Minorities Hit by Foreclosures

• New York Times, 3/4/2008, Spitzer to Present a Plan to Reduce Foreclosures

• Queens Courier, 2/27/2008, Churches host foreclosure workshop

• Reuters, 2/13/2008, Groups try school to stem foreclosures

• New York Times webblog article, 2/11/2008, Subprime Crisis Festers in New York

• Reuters, 2/5/2008, Urban Renewal on 'to do' list of next U.S. leader

• Fox Business, 2/4/2008, The New York Times Neediest Cases Fund Launches a Special Program for Families Affected by the Subprime Mortgage Crisis

• Daily News, 2/3/2008, Spear N.Y.'s tax-loan sharks

• Staten Island Advance, 2/3/2008, Bad Credit? Be wary of quick fixes

• Reuters, 2/1/2008, Groups seek congressional hearings on Countrywide

• Fox Business News, 2/1/2008, State Groups Ask Congress to Investigate BofA and Countrywide Merger

• City Limits, 1/21/08, 'This Is New york City': Mayor Draws a Reaction

• Daily News, 1/20/08, House Flipping Scammers Continue Swindling New York Homebuyers

• New York Times, 1/18/08, State Makes Bid to End Costly Tax Refund Loans

• BBC, 1/17/08, Wake up to Money

• Daily News, 1/10/08. Gov's Plan Is One to Bet On 

2007

• Crain's New York Business, 12/23/07, Credit crisis takes heavy toll

• WBAI, 12/18/07, Talk Back!

• Metro New York, 12/13/07, Summit eyes foreclosures

• NY1, 12/10/07, Money Matters

• Le Monde, 12/08/07, FINANCE LES BANQUES INVITÉES À GELER LES TAUX D'INTÉRÊT DES " SUBPRIMES "

• Marketplace - American Public Radio, 12/07/07, Renegotiating a bad mortgage

• WNYC, 12/06/07, Bloomberg Creates Organization for Homeowners

• BBC, 12/05/07, Wake Up to Money

• Marketplace - American Public Radio, 11/30/07, Easing pain of rising mortgage rates

• 1010 WINS Radio, 11/29/07, six-part series on the foreclosure crisis in NYC: Part 1, 2, 3, 4, 5, 6

• Democracy NOW!, 11/29/07, Minorities Hit Hardest by Subprime Mortgage Crisis

• Canarsie Digest, 11/23/07, Burned on the interest - Fidler makes plans to educate Canarsie on predatory lending

• The Indypendent, 11/16/07, Rent Wars of East Harlem: It Takes a Village to Raise Hell

• Yahoo! Finance, 11/15/07, Unholy Alliance Fleeces Social Security Recipients

• Daily News, 11/11/07, N.Y. banks are abusing the power to seize money

• El Diario, 11/09/07, Exposing appraisal fraud

• Press & Sun-Bulletin, 11/08/2007, Spitzer, Cuomo try to limit impact of sub-prime mortgage market meltdown

• MarketWatch, 11/08/07, N.Y. governor wants a subprime-bailout fund

• Brooklyn Daily Eagle, 11/08/07, Council Calls for Changes To End Harmful Lending Practices, Stop Rash of Foreclosures

• Newsday, 11/08/07, NY warned that action against subprime lenders can sink economy

• Schenectady Gazette, 11/03/07, Groups push to save people's homes

• Ithaca Journal, 11/02/07, Help urged for N.Y. residents facing foreclosure

• Capital News 9, 11/01/07, Foreclosure troubles; for video click here

• Daily News, 10/25/07, Albany is subpar on subprime

• Santa Barbara Independent, 10/25/07, Borrowers Beware

• Bloomberg, 10/24/07, Regulators Paved Way for Loan Abuses, Congress Hears

• Brownstoner, 10/23/07, Grim Perspective on Mortgage Crisis in Poor Nabes

• WNYC, 10/23/07, Morning Edition

• Daily News, 10/22/07, "Immigrant groups boycott over transfer fees"

• Queens Chronicle, 10/18/07, "Foreclosure Seminar Helps Those Who Need it Most"

• Daily News, 10/18/07, "Albany should get to work on the mortgage meltdown - now"

• New York Times, 10/15/07, "Study Finds Disparities in Mortgages By Race"

• WNBC.com, 10/15/07, "Black & White"

• Yahoo! Finance, 10/11/07, "Stacking the Deck Against Consumers"

• El Diario, 10/10/07, "Crisis de vivienda será crítica en Navidades"

• New York Times, 9/30/07, "Urban Tactics: Stranger at the Door"

• New York Times, 09/24/07, "Risky Loans Help Build Ghost Town of New Homes"

• Le Monde, 09/20/07, "Les rats, les vautours et les prêts à risques"

• Forest Hills Ledger, 09/13/07, "Queens leads city in foreclosures: State Senate report"

• Queens Courier, 09/13/07, "Marshall hosts forum on subprime mortgages"

• Brooklyn Daily Eagle, 9/07/07, "Brooklyn Law School Professor Predicts Lawsuits Will Follow Collapse of Subprime Market"

• City Limits Weekly, 9/4/07, "City Tries To Keep 'PACE' With Home Foreclosures"

• Women's eNews, 9/3/07, "Banks Arm Immigrants with Money Know-How"

• El Diario, 09/01/07, "Alertan a dueños de casa sobre estafordores"

• WBAI, 8/30/07, Behind the News

• Queens Chronicle, 8/30/07, "Foreclosure Wave to Hit Queens"

• Christian Science Monitor, 8/30/07, "Subprime loans face big hikes; Borrowers with poor credit ratings may see rates jump to 10 percent or more."

• Free Speech Radio News, 8/24/07

• WBAI, 8/21/07, Talk Back!

• Staten Island Advance, 8/21/07, "Foreclosures skyrocket on the Island to lead state"

• Welt am Sonntag, 8/19/07, "Der amerikan Traum wird zum Albtraum"

• Queens Courier, 8/16/07, "Foreclosed! Record numbers expected to continue in Queens"

• Daily News, 8/02/07, "Foreclosure Fiasco: Mortgage fallout is walloping thousands in N.Y."

• Daily News, 7/30/07, "City's not quite home free: Housing, mortgage woes plaguing nation beginning to take hold in parts of New York"

• Crain's New York Business, 7/27/07, "NYC braces for foreclosure surge"

• Staten Island Advance, 7/25/07, "15 percent of callers to foreclosure helpline were from the Island"

• Canarsie Digest, 7/19/07, "The American Dream Fizzles: Canarsie Suffers from Subprime Mortgages and Foreclosures"

• Our Time Press, 7/16/2007, "Brooklyn Patterns: Time to Connect the Dots... If Not, They'll Connect Themselves"

• Daily News, 7/15/2007, "As the bottom falls out of mortgage business, minority communities suffer most"

• Daily News, 7/15/2007, "Victims of predatory lenders tell their home horror stories"

• Daily News, 7/08/2007, "Home is where the bias is: Sociologists are zeroing in on how resegregation is shaping U.S."

• Marketwatch, 6/21/2007, "Fed again urged to end abusive mortgage practices"

• Bloomberg, 6/13/2007, "Regulators Kept Quiet as Subprime Lenders 'Targeted' Minorities"

• Bloomberg, 6/7/2007, "Dodd challenges Bernanke to write tougher loan rules"

• Legislative Gazette, 6/4/2007, "Assembly hears testimony on sub-prime loans"

• Daily News, 5/24/2007, "Let's KO loan thugs who prey on needy"

• Albany Business Review, 5/24/2007, "Group seeks sponsor for legislation for anti-abusive subprime lending"

• Albany Times Union, 5/24/2007, "State law urged to reduce home foreclosures"

• WXXI Radio, 5/23/2007, "Coalition Wants New Laws Against Predatory Lendng" (MP3)

• Crain's New York Business, 5/18/2007, "Spitzer forms task force on lending practices"

• Courier Life Publications, 5/17/2007, "SOS for Brooklyn homeowners in crisis - New hotline is established to help those facing possible foreclosure"

• Daily News, 5/9/2007, "Pols raising roof; Moving on subprime mortgage crisis as foreclosures balloon across N.Y."

• Queens Courier, 5/3/2007, "City's foreclosure prevention hotline"

• Brooklyn Daily Eagle, 5/3/2007, "Council Discusses Foreclosure Crisis"

• Gotham Gazette, 04/2007, "Predatory Lending Fuels Rise in Foreclosures"

• Queens Times Ledger, 4/26/07, "Boro focuses on homes lost to sub-prime loans"

• Queens Gazette, 04/25/07, " Fair Housing Month Celebrated"

• American Banker, 4/25/07, "NY Offers 40-Year Loan to Aid Low Income Buyers"

• You and Your Money, 4/20/07, WBAI's "Subprime mortgage lending, 'exotic' mortgages, and foreclosures in New York City"

• Queens Times Ledger, 4/19/07, "SE Queens foreclosures skyrocket 57% during first quarter of 2007"

• Canarsie Digest, 4/12/07, "Going From Boom to Bust" 

• American Banker, 4/11/07, "Refund-Loan Variants Lose Last Provider"

• Buffalo News, 4/10/07, "State agency to probe high-cost tax refund loans" 

• AlterNet, 4/9/07, "The Myth of the Risky Sub-Prime Borrower"

• Queens Courier, 4/5/07, "Record number of sumprime mortgage foreclosures here"

• NY Daily News, 4/4/07, "Bank giant taxing the poor: pols"

• NY Daily News, 3/29/07, "Mike points finger of blame at borrowers too"

• NY Daily News, 3/28/07, "Set up for a fall"

• WNYC, 3/28/07, The Brian Lehrer Show

• Sueddeutsche, 3/25/07, "Amerikanischer Albtraum."

• Rochester Democrat & Chronicle, 3/24/07, "A blow to 'pay stub' loans."

• WBAI, 3/23/07, "Wake Up Call!"

• American Banker, 3/22/07, Rep. Dennis Kucinich cites NEDAP report.

• Daily News, 3/22/07, "Slam door on bad loans"

• NPR, 3/20/07, "Marketplace"

• American Banker, 3/16/07, "HSBC to End Two Criticized Tax Refund Loan Plans"

• Air America Radio, 3/06/07, Sam Seder Show.

• Asbury Park Press, 3/04/07, "Tax preparers are taking heat from consumer groups and the government over loan programs, inflated refunds and their marketing tactics." 

• Rochester Democrat & Chronicle editorial, 3/01/07, "Cost of quickie tax refund loans is taxing low-income families"

• Rochester Democrat & Chronicle, 2/27/07, "Refund loans tax poorest of filers"

• New York Post, 2/25/07, "Pols Set to Slap Sleazy Tax-Prep Perps." 

• Queens Chronicle, 2/22/07, "Refund Loans Cost Millions to Families, Report Says." 

• Daily News editorial, 2/19/07, "Paying Taxes is Bad Enough"

• Daily News-Brooklyn Edition, 2/14/07, "Nonprofits offer no-fee tax-prep"

• El Diario editorial, 2/4/07, "Free money with tax credit."

• News 12-Brooklyn, 1/30/07, "Brooklyn residents urged to beware of instant tax return loans"

• AM-NewYork, 1/29/07, "Rapid ripoff: Poor neighborhoods targeted for predatory tax-refund loans, study says"

• Caribbean Life, 1/17/07, "Comrie warns of predatory tax preparers"

• Post-Standard, 1/17/07, "Schumer backs proposed law to regulate refund anticipation loans"

• El Diario, 1/13/07, "Quick Cash at a High Price"

• Associated Press, 1/10/07, "Refund Loans Can Cut Into Tax Refund"

2006

• City Limits Weekly, 12/26/06, "Debt Comes Gift-Wrapped in New Quick-Loan Product"

• Newsday, 12/22/06, "Consumers' aides say new 'pay stub' loans, based on projected tax returns, are costly and risky" 

• Daily News, 12/19/06, "Boro sees rise in foreclose attempts" and "Homing in on real estate scammers"

• NBC Nightly News, 12/18/06, "Holiday Loans = High-Interest Headaches."

• National Public Radio's Day to Day, 12/18/06, "Consumer Advocates Warn Against Paystub Loans"

• The Next American City, Issue 13 - Winter 06/07, "Helping the Undocumented Achieve the American Dream"

• American Banker, 12/12/06, "'Paystub' Loans Back -- In Time for the Holidays"

• New York Post, 12/10/06, "Watch your Wallet, Firms Expand Loan Program"

• Queens Chronicle, 11/30/06, "Credit Union Eyed for Jackson Heights, Corona and Elmhurst"

• Staten Island Advance, 11/26/06, "No Wonder We're All in Debt"

• Buffalo News, 10/25/06, "Consumers' Wages Being Seized for Bogus Debts"

• National Federation of Community Development Credit Union, Press release cites NEDAP's rendering of testimony on behalf of New Yorkers for Responsible Lending, at NYS Assembly hearing on high cost loans.

• ITV Gold, 9/18/06, "Live Call-in Show"

• Crain's New York Business, 10/16/06, "Boroughs' Bank Boom"

• American Banker, 9/8/06, "Block Revamp of Tax Lending Turns on Thrift"

• WBAI, 9/1/06, You and Your Money

• Crain's New York Business, 8/7/06, "NY's immigrants stranded by banks"

• Newsday, 8/2/06, "Law Targets Housing Scams"

• City Limits, 7/31/06, "Watching the Collections: Debtor Protection in the Works"

• The Times Union, 7/24/06, "Bill can end predatory lending"

• The New Standard, 7/19/06, "As Predatory Lending Adapts to Weak Regulations, the Poor Pay"

• Norwood News, 5/24/06, "Everyone Should Be Told of Homeowner Assistance on 311" 

• Brooklyn Free Press, 5/8/06, "Avoid Lending and Foreclosure Scams"

• HITN's Diálogo de Costa a Costa, 4/20/06, "Todo lo que Usted Debe Saber Antes de Abrir una Cuenta Bancaria" ("Everything You Should Know Before Opening a Bank Account").

• Radio Campesino, 4/13/06, NEDAP spoke about financial justice issues facing immigrants in the U.S.

• Bloomberg.com, 4/7/06, "Jackson Hewitt Reaps Profit, Skepticism on 69% Tax-Refund Loan"

• The New York Post, 3/26/06, "Consumer Groups Aim to See H&R Blocked"

• NY Daily News, 3/20/06, "Avoid the refund ripoff"

• Crain's New York Business, 3/17/06, "Cashers Reap Big Rewards"

• American Banker, 3/16/06, "H&R Block: As Office of Thrift Supervision OKs Charter Bid Spitzer Sues"

• San Diego Union-Tribune, 3/16/06, "New York Sues H&R Block over money-losing Express IRA"

• USAToday, 3/15/06, "Spitzer accuses H&R Block of Defrauding Investors"

• NPR's Market Watch, 3/15/06, "'Express' Deception?"

• ABC Nightly News, 3/15/06, cites NEDAP RALs report

• North Country Gazette, 3/15/06, "NYS Sues H&R Block For Fraudulent Marketing of IRAs"

• NewsInferno.com, 3/15/06, "NY Attorney General Files Lawsuit Against Tax Giant HR Block for Fraudulently Marketing IRAs"

• WBAI, 3/6/06, NEDAP on Wake-up Call.

• WBAI, 3/5/06, NEDAP on Talk Back.

• The New York Post, 2/19/06, "Rapid Ripoff"

• The Latin Post, 2/16/06, "Piden justicia financiera para liberar al inmigrante neoyorquino de la pobreza." (English version here)

• The New Standard, 2/11/06, "Poor Communities and Advocates Fight Tax-time Deception"

• Newsday, 1/29/06, "The Big BITE"

• WBAI, 1/4/06, WBAI

2005

• American Banker, 11/29/05, "N.Y. Overdraft Plan Could Have Nationwide Effect."

• Newsday, 10/30/05, "Stealing the House Itself."

• Washington Post, 7/29/05, “Hot Housing Market Opens Doors for Fraud; Dream of Homeownership is Preyed Upon.”

• Boston Globe, 7/29/05, “Ameriquest sets aside $325m for settlement.”

• New York Times, 7/17/05, “Which Mortgage? A Complicated Tale.”

• Our Time Press, 6/16/05, “Commerce and Community.”

• Demos, 6/10/05, "Banks Corner the Market on Tax Time Rip-Offs"

• Daily News, 6/3/05, “They take your home”

• Buffalo News, 5/12/05, “Misguiding the Poor; State and Federal Disclosure Laws Target Bad Tax Preparation Practices”

• El Diario, 4/15/05, in Spanish, “Los bancos y el reembolso de sus impuestos”and English, "Banks Corner Market on Tax-Time Rip-Offs"

• World Peace Herald, 3/17/05, “Reaching the ‘unbanked’”

• Buffalo News, 3/16/05, “Group seeks restrictions on tax refund anticipation loans”

• The Business Review, 3/15/05, “Group calls for new laws to regulate tax refund loan industry”

• New Standard, 2/11/05, “Poor Communities and Advocates Fight Tax-time Deception”

• Newsday, 2/6/05, “Raising canes to save a service”

• El Diario, 2/3/05, “Advierten de los ‘préstamos de día de pago"

• Newsday, 1/13/05, “The mayor still has a promise to keep”

2004

• City Limits, 12/6/04, "NEDAP Honored: Local economic justice group wins Ford Foundation award"

• Daily News, 12/3/04, "Women of Valor"

• City Limits, 10/18/04, "CRA-zy For Change: Feds Seek to Limit Bank Regs"

• New York Times, 10/17/04, "Losing Your Dream Home"

• On Philanthropy, 10/15/04, "Profiles/Interviews From On Philanthropy"

• Newsday, 8/15/04, "When your checks bounce: 'protection' options, costs"

• Buffalo News, 7/12/04, "HSBC takes over tax refund loan business run by Household"

• Staten Island Advance, 5/2/04, "Islanders snared in credit trap: A $2,000 balance with an 18-percent rate could take 18 years to pay off"

• Chicago Tribune, 4/16/04, "Critics voice concerns on takeover of Bank One"

• Queens Chronicle, 4/15/04, "Jamaica Named As Boro’s Only Banking Development District"

• New York Times, 4/2/04, "Looser U.S. Lending Rules Are Protested"

• Queens Courier, 2/4/04, "Anti-Predatory Lender Law Not Approved"

• Newsday, 1/18/04, "Stuck in High-Premium Traffic"

2003

• New York Times, 11/30/03, "Trying to Keep a House She Signed Away"

• New York Sun, 11/25/03, "Spitzer Says Out-of-State Companies Charge Illegally High Interest Rates: Up to 780% a Year on Payday Loans"

• Press Release, New York State Attorney General, 9/24/03, "New York Sues to Stop Illegal Payday Lending Scheme: Coalition warns against high-interest loans that saddle consumers with huge debt"

• Fieldworks, U.S. Department of Housing and Urban Development, August 2003, Partnership Protects Seniors from Predatory Lending in New York

• The Visionary, June 2003, "Community Alert! Do Not Become a Prey for Predatory Lending."

• Bronx Beat, 4/14/03, "Fighting back against unfair mortgages." or the entire 4/14/03 issue.

• New York Times, 2/23/03, "The ABC's (and XYZ's) of Home Buying"

2002

• Newsday, 12/13/02, "Curbing High-Cost Loans."

• Queens Examiner, 11/21/02, "Queens Group Takes Action Against Predatory Lending."

• New York Times, 11/10/02, "New Curbs on Predatory Loans."

• New York Times, 5/7/02, "Home Lender Offers to Settle Claims of Predatory Practices."

• Sing Tao Daily, 4/29/02, "Predatory Lending Increases 1000%."

• New York Times, 3/27/02, "Failing Mortgages Soar in New York."

• New York Times, 3/24/02, "A Wider Loan Pool Draws More Sharks."

• Daily Gazette, 3/19/02, "Banks, advocates split on predatory lending."

*These clippings are provided for "fair use" not-for-profit, educational purposes (and other related purposes).  If you wish to use this copyrighted material for purposes of your own that go beyond "fair use," you must obtain permission from the copyright owner.  Please contact NEDAP at 212-680-5100, or info@nedap.org, if you have questions.