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Cox Joins National Foreclosure Assistance Advisory Board

AUGUST 7, 2008—Associate Clinical Professor Prentiss Cox ('90), a nationally recognized expert in foreclosure and predatory and subprime mortgage lending, has become a member of the recently formed National Advisory Board of the Institute for Foreclosure Legal Assistance (IFLA), headquartered in Washington D.C.

IFLA was formed by the nonprofit research and policy organization the Center for Responsible Lending (CRL), and its activities are managed by the National Association of Consumer Advocates (NACA). It was launched in 2007 with a $15 million grant from the New York-based private investment firm of Paulson and Co. Inc.

The IFLA provides funding and training to organizations that give legal representation to homeowners facing foreclosure because of abusive subprime mortgages. In 2008, it awarded $6.5 million in grants nationwide to enable groups with foreclosure prevention programs to hire more attorneys. Locally, Mid-Minnesota Legal Services received such funding.


Prentiss Cox

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