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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (472823)	4/17/2009 2:37:04 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1575941

Z, > The CRA loans default at a lower rate than other loans, because they actually are regulated. Seems like you and ACORN need to get your stories straight ... Tenchusatsu

To: SilentZ who wrote (472823)	4/17/2009 2:50:29 PM
From: Brumar89	1 Recommendation Read Replies (1) \| Respond to of 1575941

Subprime loans and minority lending: Message 25064349

To: SilentZ who wrote (472823)	4/17/2009 2:56:02 PM
From: Brumar89	4 Recommendations Read Replies (1) \| Respond to of 1575941

ACORN Celebrates Foreclosure-Fighting Measures in Home Stay Campaign Cities March 12, 2009 Volunteers learn how to be Home Defenders at a training session at the ACORN office in Dallas Feb. 21. ACORN members in three areas participating in ACORN's Home Stay campaign – Orlando, California, and Baltimore – are celebrating recent city, county and state measures that will make a real difference in fighting foreclosures. Orange County, Florida, which includes the city of Orlando, has adopted a process for mandatory mediation between mortgage lenders and homeowners before the lender can begin foreclosure proceedings. Modeled after a hugely successful program that ACORN members won in Philadelphia last year, the Orange County order states that if the homeowner requests mediation, the lender must agree to cooperate and schedule a mediation session within 45 days. Borrowers and lenders will meet face-to-face to negotiate mutually agreeable solutions to avoid foreclosure. "Judge Belvin should be commended for listening to the community and designing an effective system that will prevent unnecessary foreclosures," said William Moore, ACORN member and chair of the Orlando Foreclosure Fighters Committee. "ACORN members have been lobbying Judge Belvin to take this bold step for months, and we are incredibly pleased that today's order represents a real solution to the foreclosure crisis that is tearing up our neighborhoods and our economy." "The tides are changing in favor of the people, and it is about time!" said Travis Munnerlyn, a long-time leader of the Orlando ACORN Foreclosure Fighters who saved his home from foreclosure with the help of ACORN and ACORN Housing. "A few key local elected officials really listened to the people to help make this happen, including Congressman Alan Grayson and State Representatives Scott Randolph and Darren Soto. Congratulations to each of them and Judge Perry to helping save Florida by taking a lead role in saving homes. Thank you!" After California ACORN members launched Home Staying campaigns Feb. 19 in Los Angeles and Oakland, Gov. Arnold Schwarzenegger signed an ACORN-backed bill creating an effective 90-day moratorium across the state, a foreclosure-fighting measure ACORN members have been calling for across the country for more than a year. A 90-day foreclosure moratorium will provide time for President Obama's foreclosure-fighting plan to be put in place. All Californians whose homes go into foreclosure will receive an automatic 90-day stay on foreclosure unless their mortgage lender has implemented a certified, comprehensive foreclosure-prevention program. Baltimore ACORN members are eagerly anticipating a vote in the City Council to pass an effective one-year moratorium on foreclosures in that city. ACORN members worked closely with City Council members to draft the bill, which is expected to pass. ACORN's Home Staying campaign is simple in concept: those whose homes have been foreclosed are simply refusing to move out, or in some cases are moving back in. ACORN has been building teams of Home Defenders – volunteers in participating cities across the country who are willing to mobilize on short notice to defend the Home Stayers against attempts to evict them, even in some cases risking arrest. ACORN began Home Staying Feb. 19 in Oakland, Los Angeles, Dallas, Houston, Tucson, Orlando, Baltimore, and New York. In March, the campaign has expanded to include Flint, Cincinnati, Denver, Hartford, and Bridgeport. Home Defenders are being trained in additional cities in several states. Ways to help: Sign up to be a Home Defender Tell Congress to make America a Foreclosure-Free Zone acorn.org[tt_news]=22543&tx_ttnews[backPid]=12340&cHash=46e9e5e469