Coalition for Responsible Lending in TN Announces East TN Predatory Lending Listening Tour

The Neighborhoods Resource Center and Tennessee Citizen Action, two members of the Coalition for Responsible Lending in Tennessee (CRLT), announce the first of several East Tennessee Predatory Lending Listening Tours for Wednesday, September 8, and Thursday, September 9, in Sevier, Anderson, Campbell & Blount counties.

The goal for these sessions is to learn how members, congregants, students, employees, and underserved populations in East Tennessee are being affected by predatory loans practices, such as payday and title loans, and how the CRLT might be able to serve them now and in the future.

The Predatory Lending Listening Tour sessions are open to any group, organization, church, institution of higher learning, technical and trade schools, and businesses whose constituencies are affected by predatory lending practices. The public is invited to attend as well.

The Listening Tour schedule is as follows:

Wednesday, September 8
1:15 – 3:15 PM
Lake City Community Center (Anderson & Campbell)
216 North Main Street, Lake City, TN (map)

Wednesday, September 8
5:00 – 7:00 PM
Sevierville Civic Center – Council Hall (Sevier County)
200 Gary R Wade Boulevard, Sevierville, TN (map)

Thursday, September 9
8:30 AM – Noon
Highlander Research & Education Center (Blount)
1959 Highlander Way, New Market, TN (map)
CRLT will be part of the Community Economic Development Network of East Tennessee (www.cednet.us) quarterly meeting along with African American Heritage Alliance, Centro Hispano, Latino Task Force, and Sustainable Equitable Agricultural Development.

The Coalition for Responsible Lending in Tennessee (CRLT) is a voluntary group of public, private, and non-profit organizations and concerned citizens that combine their human and material resources to make fair lending accessible to all by promoting and advocating for financial education, access to responsible lending options, and just lending laws.

The Neighborhoods Resource Center is a non-profit organization dedicated to assisting Nashville residents in the formation and development of neighborhood-related organizations. More information can be found at http://www.tnrc.net.

Tennessee Citizen Action (TNCA) is a non-profit, community-based public interest and consumer advocacy organization. More information is available at http://www.tnca.org.
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3 Responses to “Coalition for Responsible Lending in TN Announces East TN Predatory Lending Listening Tour”
  1. Marty says:

    Was wondering if this group does anything on predatory lending in mortgages? Am in trouble with my mortgage company, IndyMac/OneWest…a bank that the FDIC has saved and now they have turned into terrorists with paperwork. OneWest is not even my deed holder yet as soon as the mortgage is late, they send thugs to my door knocking and telling me to pay up…even as my payment has crossed them in the mail. They show up on the property (on a private road NOT owned by me) and take photos of mine and my neighbor’s homes (sometimes on THEIR property) and scare my neighbors, then they call me. I have asked them to quit but they don’t.
    To boot, they keep raising payemts monthly, adding money to “assessed” property taxes for escrow and messing with me. Also, I find out through research that IndyMac/OneWest is forcing owners into foreclosure, even when they pay on time or not. The FDIC backs 80 to 95% of home loan amounts when OneWest bought them. So…it is in their best interests to foreclose. They actually MAKE money when they take our homes plus they get to sell it after for a profit. They do NOT renegotiate loans…they tie people up in red tape stringing them along on “modifications.” They lose paperwork, become unavailable, turn down EVERY request for remodification after many months of people chasing them and doing the right thing. People are back at the beginning…IndyMac applies the good faith payments we make for modification hopes then denies us and tells us we better catch up because we are now behind on payments. They will not help anyone. The two men who took over IndyMac’s home loans did it for about 25 cents on the dollar AND the government pays them when we “default,” so, we are forced into default. The men, including the founder of Dell computers were huge backers of Obama before he got into office…one was the largest contributor to his campaign and now Obama’s administration allows them to do this…same corruption, new administration.
    I cannot even imagine I stand a chance against this predatory group of government bleeding fools with icy hearts. Just google IndyMac/OneWest and the word predatory. You will see sad and horrible stories that will break your heart. Is there any advice for a little guy against a company like that when I am just trying to keep my home?

  2. Mary Mancini says:

    Sorry you are having so much difficulty. If you email us at mary@tnca.org I can connect you with an organization that can help.

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