Monday, June 13, 2011

Foreclosure news below and MCRC Film TOMORROW

MCRC Film Screening Event:
 “Stealing Trust: Marylanders Speak Out on Frauds, Scams and Financial Abuses”

The Huffington Post reports this morning that New York State’s Attorney General has launched a new probe of the mortgage security practices of banking giant Bank of America that calls into question the legality of thousands of foreclosures. This study is just part of a larger investigation about whether Wall St. and the banking industry followed the law in creating mortgage securities investigation that could lead to trillions of dollars in additional losses from the housing crisis that continues to devastate our economy.
Please join us tomorrow night to get a powerful look at the devastating impact illegal foreclosures and other predatory financial practices have had on families and vulnerable consumers across Maryland in the next screening of our documentary film, “Stealing Trust.”

The screening will be:
•    Tues. June 14 at 6:30 p.m. at the Enoch Pratt Central Library, 400 Cathedral St., Baltimore, MD.

The film tells the poignant stories of Maryland families that have lost their homes, their life savings and even their capacity to trust others to mortgage lenders, debt settlement companies, and unscrupulous home contractors and explains how some consumers have successfully fought back.

This afternoon you can hear MCRC Executive Director Marceline White and two of the consumers featured in the film discuss the film and talk about our work to protect Maryland consumers on the Marc Steiner Show on at 5 pm on WEAA-FM 88.9 in Baltimore. You can also listen on-line on WEAA’s web site @ http://www.weaa.org/
Please tune in and call the Steiner Show at 410-319-8888 to share your thoughts about what consumer protection issues are most important to you.

We’re excited by the very positive response the film won at our premiere event in May at Baltimore’s Creative Alliance. Sun film critic Michael Sragow has praised “crusading documentary” and compared it to the landmark film “American Casino” on his film blog:
We hope you’ll join us Tues. June 14 to see the film for yourself and to talk with MCRC leaders about what consumers and citizens across the state can do to fight back and to protect themselves against financial predators.

We will also be showing the film around the Baltimore area and across the state this Summer and Fall. Screening dates include:
•    June 28 at 7 p.m. at Red Emma’s Bookstore, 800 St. Paul St., Baltimore MD.
•    July 11 at 6 p.m. at the Southeast Anchor Library, 3601 Eastern Ave., Baltimore MD.

Please watch this space along with our website and our facebook and twitter pages for word about other screenings and a film event near you.

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