A large number of those families were victims of unethical predatory lenders, who have targeted Oakland with sub-prime loans, questionable deals and outright fraud.
In 2007, the City Attorney's Office organized the Oakland Fair Lending Coalition to lobby for new laws in Sacramento, to help homeowners who are facing foreclosure and to protect the rights of renters in foreclosed buildings. read more
If you need help with a foreclosure or an eviction, please click on the Know Your Rights brochure to the right or call our hotline: (510) BE ALERT.
Important information for people with mortgages from IndyMac, Countrywide & Washington Mutual:
IndyMac Loan Modification Information
State settlement with Countrywide
Effect of the Washington Mutual merger
Also see our Don't Borrow Trouble brochure (in multiple languages below) for information on avoiding predatory loan scams.
Op-ed: Foreclosures
bring illegal evictions to Oakland (March 26, 2008)
Video: How to protect Californians from predatory lending
Op-ed: State
must restrict predatory loan scams (October 19, 2007) |
