New Orleans Mayors are stepping into the foreclosure fight because they are saying the same thing as ACORN members: foreclosures hurt our communities! Perhaps the best example of cities stepping forward might be found in the Twin Cities. At ACORN’s urging the Minneapolis City Council in recent weeks passed a resolution asking for …
Category: ACORN
Schooling Subprime Servicers
New Orleans ACORN has been heavily engaged in discussions for months with various servicers of subprime mortgages in order to develop the ways and means to prevent foreclosures. There have been negotiations, meetings, actions, and everything else as we try to herd all of major companies into agreements, many of which are close to …
More to Come
New York Luckily our annual “relationship” meeting with Citigroup was the day after they announced more multi-billion losses, layoffs, and restatements. Clearly, we were slipping into the building between the seams. Things looked somewhat normal, but people were still waiting for more shoes to drop. The news was sobering in many areas. Citi …