I suspect your biases are showing. Frankly someone needs to be a thorn in the side of creditors and their attorneys, though I am sure you are a nice guy in real life. I also suspect that for every mistake ACORN makes you have numerous intentional deceptions made by creditors and lenders. Despite vilification by the right ACORN does a lot of good. Quite frankly it was not by being mild mannered that the working class was able to wrest enough concessions from the wealthy to create a substantial middle class that we all benefit from, including the wealthy who tend to not realize this.
Except that in the situations I am talking about, it is the advocates for Debtors that are the most upset by the actions of ACORN. It is a huge deal when the loan mod does NOT capitalize delinquent property tax advances and present payment arrears into the UPB of the note, but ACORN sends a letter to the Debtor telling them that their loan is now contractually current. Part of the current mortgage problem is because nobody made sure that the borrowers understood what the terms of the loan. Misinformation to the debtor was a very real problem. Do we need to compound it with more misinformation? Making sure that the client understands what their obligations is a huge part of debtor practice. ACORN just made that harder through the overuse of misleading form letters.
Hey you could be correct on this particular point. I don't know. I have known of Acorn's work for almost 30 years and am still personal friends with some of the early organizers in Houston. The poor in this country can sure use more organizations like this. They are not perfect of course. I suspect they have been doing some outstanding work to earn the ire so belligerently of the Fox News crowd.
Let me be clear. I think organizations that can effectively negotiate a loan mod for the homeowners is wonderful. A group like ACORN can do good work in that regard. That good work is completely short circuited if the group that assisted the homeowner then misstates the terms of the agreement to the homeowner. In short, it defeats the purpose and sets up the homeowner to fail under the loan mod.
Nah. I never sidelined as a country singer. I sang grunge in the shower though. Does that count as sidelining?
