Does anyone know the statistics of foreclosures Acorn is responsible for?
How many people did they help house that later foreclosed? out of all the foreclosures what percentage can be blamed on ACORN?
Public Comments
- Well, that figure would be hard to come by. But we can rest assured that there are lots and lots on them.
- Zero. They are not a lender, they did not lobby for sub-prime or alt-A or option ARM mortgages at the state level, and so on. None, nada. Nothing there. I put this in the "Big Foot & the UFOs" category.
- That's impossible to determine - the irresponsible lending forced on the "Lenders" by AHC (ACORN Housing Corporation) is continuing to increase. If you want to understand how ACORN uses blackmail tactics and undermine the US economy, please read: http://www.consumersrightsleague.org/UploadedFiles/ACORN_AHC_Report.pdf “ On the Web, you can still find CRA loans available via ACORN with ‘100 percent financing . . . no credit scores . . . undocumented income . . . even if you don’t report it on your tax returns.’ Credit counseling is required, of course.“
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