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- EIN 26-2626111
- (212) 567-6701
- 5030 Broadway Ste 803 New York NY 10034 USA
- www.fairmortgage.org
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Nonprofit Overview
Causes: Consumer Protection
Mission: The fair mortgage collaborative is a non-profit educational, research and consumer information organization. Our mission is to educate low income and minority consumers about avoiding predatory lending practices and help them gain access to fair and safe lenders offering affordable and sustainable loan products. We work with consumer advocates, foundations, and nonprofit financial intermediaries to improve such access. Our mission is to provide assistance to persons in underserved communities and to promote the public good by developing and disseminating information to consumers and lenders about how to identify and avoid predatory lending practices. In furtherance of this mission, the organization will establish and maintain fair and safe lending standards for the protection of consumers, disseminate information about such standards to the public, identify "fair and safe" lending practices and identify and disseminate information about "best practices' that willimprove the provision of
Programs: Education and communication:providing assistance and education about lending practices to persons in underserved communities. The organization strives to promote the public good by developing analytical tools and programs designed to distinguish good lenders that offer fairly-priced, well-structured mortgage products, from the lenders whose pricing is less competitive and more likely to result in borrower default.
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This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.