HISTORY
Throughout its history, The John Marshall Law School has served the Chicago area as a pioneer in developing community programs and projects. The Predatory Home Lending Program was one of these efforts. The Program was developed in 2003 by The John Marshall Law School's Fair Housing Legal Support Center to serve members of the Chicago community who may become victims of predatory home lending practices.
During 2003, foreclosures in Chicago were at that time a record high. Professor Michael Seng, co-founder of the Fair Housing Legal Support Center developed a new project, The Predatory Home Lending Program . The Program received funding from the Fannie Mae Foundation for a period of two years and since 2004, the Program has continued to receive partial funding from the City of Chicago's Department of Housing under its CDBG and CRC program.
The Program's mission mirrors that of the Fair Housing Center, which is to eliminate discrimination as a barrier to home ownership. Through the program, John Marshall law students review hundreds of home loan documents each year and assist homeowners in better understanding their housing rights. Law students make community presentations and conduct trainings on predatory home lending law.
|
