Albuquerque The housing relief bill pushing its way through Congress is making its major claim on a $300 Billion appropriation to FHA to push out more home loans again to Americans. This helps a little, but will not restore the ability for moderate income citizens to once again hope to own homes. With …
Category: Financial Justice
Big Deal in San Francisco
New Orleans John Eller, director of ACORN’s San Francisco office, sent an email while I was in Los Angeles, but I didn’t connect with him until coming in bleary eyed from the all night flight back to the city. The news was huge! ACORN working with the SF affiliate of PICO, the San …
Second Round: Option ARMs
Los Angeles ACORN’s foreclosure prevention negotiations have picked up momentum behind the scenes again recently. Last week solid progress made with teams at Merrill Lynch in New York and WAMU in Seattle. Next week another face-to-face round in Dallas with GMAC and other metroplex area servicers on the docket. A call with Wells this …