Hot 92 Jamz DJs Renee Taylor and Josefa Salinas have a few things in common. Each has been in radio for over 20 years, both are community leaders, mothers and victims of predatory lending and loan modification scams.

On December 12, at the Dockweiler Youth Center in Los Angeles, these women, along with other community members, will tell their stories at the Save The American Dream Round Table and Community Town Hall meeting. The event is hosted by Shirin Sharkawi, Author of Save The American Dream: How to Modify Your Mortgage and Rebuild Your Credit. Sharkawi is an affordable housing advocate and radio host of the nationally syndicated homeownership talk segment, on the “Warren Ballentine Show” (www.thetruthfighters.com).

The Round Table and Community Town Hall meeting will be web cast live to reach a national audience and give Americans a voice to hold banks and political leaders accountable for predatory lending and loan modification scams from 9:30 a.m. to 10:30 a.m.. A four-hour workshop (free with a $10 donation of canned goods for local food banks) will take place from 11:00 a.m. to 3:00 p.m., courtesy of Shirin Sharkawi and the Heritage Begins Within Foundation. The workshop is a part of a blue print created to mitigate foreclosures and assist consumers in lowering their mortgage payments, while rebuilding their credit. It will tour throughout the country starting in 2010.

The Obama Administration has fallen short in meeting their goal to have lenders modify home loans of 5 million or more Americans. So far, a dismal 2% of eligible loans have been modified. For the most part, banks have not been accountable. Their lack of cooperation has intimidated consumers to the point that 60% who lose their homes never contact their lenders for a work out plan. This, combined with loan modification scams and a lack of knowledge by consumers of the modification process, has spun foreclosures out of control.

"Loan modification scams and the lack of cooperation from banks are stripping the last of what Americans have and the success or failure of our neighbor has a direct result on us and the global market," comments Sharkawi.

Each homeowner that goes through the workshop will be able to hold their lender accountable with a report card, which will be updated on a monthly basis. Results will be sent to lenders, the Federal Reserve, Treasury Department, President Obama, and the media and posted online. Consumers will also have ongoing support through an online community that hosts thousands of homeowners, all working together with experts at www.homeownershiptalk.com

The live web cast will be broadcast on the “Warren Ballentine Show” and on the “Community Review” on L.A.’s Hot 92 Jamz (92.3 FM) the week of Dec. 14. Invites have been sent to local and national political leaders, whom community members want to hear from during these risky economic times. Collectively, leaders will have the ears of over 5 million possible voters who want to know what they plan to do to put pressure on banks to modify mortgages.

Homeowners can sign up at: www.savethedreamworkshop.com or call 1-877-325-7411.