The Maryland Consumer Rights Coalition is an organization that ensures fairness and justice for Maryland consumers through research, education, and advocacy. Due to complicated legal jargon and confusing wording, many Maryland homeowners facing foreclosure are unaware or confused about the state’s mediation program, which has provided a positive outcome for at least 50% of participants. Working in conjunction with the MCRC’s campaign, the MMFN will help build a base of supporters to both educate Maryland homeowners on foreclosure mediation, and advocate new legislation that will increase the possibility for a family to stay in its home.
Related Blog Posts
January 24, 2013
The Consumer Financial Protection Bureau (CFPB) has spent months preparing new rules for mortgage lending and servicing. The goal of these rules, which the agency announced on Jan. 10, is to prevent the kind of reckless mortgage lending that has led to the worst housing and financial crisis in decades.
September 12, 2012
On August 29th, the Office of Mortgage Settlement released a report on the progress five national banks have made in fulfilling their obligations under the national foreclosure settlement. The banks have committed to providing relief to beleaguered homeowners through principal reduction loan modifications, refinancing, short sales, and more.
June 12, 2012
"Well done is better than well said"
Benjamin Franklin, US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)
While I agree wholeheartedly with this notion, I have to admit it has taken me awhile to come around to this viewpoint. I’m someone who loves words -- I can sink into a book the way others sink into down comforters. In fact, I may take more comfort in a book than in a down blanket.
May 29, 2012
Unfortunately my time blogging for the Moving Maryland Forward Network is coming to an end. I have been blogging for years but this was my first stint as a professional blogger, and I’d be lying if I said I hadn’t learned a lot. Not just about the differences between professional and recreational blogging, but also a ton about state politics and non-profit operations.
April 12, 2012
A couple of weeks ago I wrote a post about what would happen if we allowed a “doomsday” budget. Unfortunately, we are closer to facing tremendous budget cuts than ever before because the House and Senate have failed to come to an agreement. Unless O’Malley calls a special session for the House and Senate to reconcile their budget plans, Maryland will face its largest education cuts in years.
March 26, 2012
Last Monday, several advocates from different groups, led by Moving Maryland Forward Network (MMFN) member Maryland Consumer Rights Coalition, met for a press conference and then a meeting with several Vice Presidents at Wells Fargo Bank in Baltimore. I felt excited to be there. Partly, because I was unaware of what may happen, and I was hopeful that some changes would come out of our meeting.
March 19, 2012
Some people do what was is seen as the wise thing; the mature, responsible choice: purchase a home and invest your money into something worthwhile. But what happens, 10 years later, when the value of your home is less than what you paid for it?
You can try to negotiate with banks, but it can be a daunting and scary process. You and your family up against a multi-million dollar corporation. Who is on your side? Who can you turn to for support?
February 16, 2012
Call me crazy. Go ahead, my friends have been since Thursday afternoon when I stated that the national settlement between five national banks, Maryland Attorney General Doug Gansler and 48 other state attorneys general is-on balance-good for Maryland families.
January 30, 2012
Last week I attended the third annual Consumer Caucus Reception sponsored by Maryland CASH (Creating Assets, Savings, and Hope) and the Maryland Consumer Rights Coalition (MCRC). The reception was held at the historic Maryland Inn in Annapolis Maryland on January 23rd from 6-8pm, and was a networking event for legislators, advocates, and journalists to discuss top priorities for consumers as they relate to the 2012 Maryland legislative session.