Username: Password:
Welcome! Please Sign In or Register

A.C.O.R.N.-Community Activists/Former Employer

reviewed by GenghisTheHun

GenghisTheHun
10/07/2008

A.C.O.R.N.-Community Activists/Former Employer 2

Association of Community Organizations for Reform Now was founded, believe it or not, in Little Rock, Arkansas.  We can thank A.C.O.R.N., in more than a little part for the current mortgage mess.  Strong lobbying by ACORN and others during the Clinton Administration led to pressure on banks and other lenders to make more loans to various ethnic and racial groups, if you know what I mean.  Those groups, historically, at least, had larger percentages of their population not always proficient in paying such debts.

Add your vote! 4 Helpful / 1 Funny / 0 Agree / 0 Disagree
Showing 1 Comment
You must be logged in to comment. login now.
FranksWildYears commented 423 days ago.
Is there really data that says that spics and coons default on mortgages at a higher rate?
Showing 1 Comment
About This Reviewer
By the Numbers