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April 9, 2008

League Partners with NJCTA to Highlight Mortgage Foreclosure Crisis



Dear Mayor:

The League of Municipalities is partnering with the New Jersey Cable Telecommunications Association (NJCTA) and its member companies to produce an hour-long panel discussion on the growing mortgage foreclosure crisis and the impacts on local communities.  The program will be televised statewide on NJCTA member cable systems in New Jersey starting in April.

League President Mayor Bob Bowser of East Orange explained, “Foreclosures impact neighborhoods and communities not just single residents.  We want to reach out to all our residents and explain how this can impact them, even if they are not going through foreclosure.  The League wants residents to understand how their local governments are addressing this issue.”

“We’re pleased to join forces with the League of Municipalities to highlight this important issue,” said Elizabeth Murray, Chairwoman of the NJCTA and senior director of regulatory affairs for Comcast.  “Our cable companies all share a commitment to providing vital, local programming for New Jersey customers on issues just like this.  No other provider of news and information in the state can match our coverage.”

The panel discussion will be taped on the set of Cablevision’s popular “We’ve Got Issues” program and will be carried on both Cablevision’s local programming channels and on New 12 New Jersey’s “Power and Politics” program.  The show will also be carried by Comcast, Time Warner, US Cable, and Service Electric on their own local programming and On Demand channels.  Viewers should check their cable program guides for channels and times.

Participating in the panel are:  Adam Greenberg of the Tax Collectors and Treasurers Association, James Hughes the Dean of The Bloustein Center for Planning and Public Policy at Rutgers University, Robert Levy the Executive Director & Counsel for the Mortgage Bankers Association of New Jersey, Phyllis Salowe-Kaye the Executive Director of NJ Citizen Action, and Steven M. Goldman the NJ Commissioner of Banking and Insurance.

The panel will be moderated by Cablevision’s Laura Jones.

Exclusive interviews with East Orange Mayor and New Jersey League of Municipalities President Robert Bowser and Paterson Mayor Joey Torres will also be featured during the panel discussion.

Questions about this program can be directed to League Assistant Executive Director Michael J. Darcy 609-695-3481 extension 116.


                                                                        Very truly yours,


                                                                        William G. Dressel, Jr.
                                                                        Executive Director





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