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 …
Category: ACORN
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 …
Singing from our Songbook
Dallas We spent three hours with representatives from GMAC meeting in our Dallas offices. We were not happy with much of it, but still it represented a sea change from the last meeting with virtually the same people 6 weeks ago. They were no longer hiding behind “individual programs for individual problems” as I …