Thursday, August 21, 2008

Foreclosure Network of New York City Formed By Local Lawyer Groups In Support Of The Cause Of Financially Strapped Homeowners

In New York City, the New York Law Journal reports:
  • A trio of bar groups yesterday announced the formation of the Bar Association Foreclosure Network of New York City, a cooperative pro bono effort by lawyers in three boroughs. The network will address a "citywide crisis" in mortgage foreclosures by providing a central resource for information and training in the cause of helping homeowners, according to Jeannie Costello, executive director of the Brooklyn Bar Association's Volunteer Lawyers Project. The New York City Association Justice Center and the Queens County Bar Association are the other participants. The network is an outgrowth of a city bar project in May in conjunction with the Federal Reserve Bank of New York, in which some 125 lawyers were recruited to counsel New Yorkers facing loss of their homes due to the subprime mortgage crisis.

Source: NYC Bar Groups Band Together for Pro Bono Effort.

See also, Brooklyn Daily Eagle: Brooklyn Bar and City Lawyers Create Network For Foreclosure Flood.