Tuesday, June 10, 2008
ACORN (the Association of Community Organizations for Reform Now) has released a report card of all 51 US attorneys general on how well they are combating the home foreclosure crisis. PA A.G. Tom Corbett earned an “F.” The report card was based on performance in 9 categories including advocating for individuals, fighting for legislative reforms and launching outreach efforts. Out of 25 possible points Tom Corbett received 4. ACORN Financial Justice Center Director Austin King says if he had Corbett’s ear he would ask him to use his bully pulpit to intervene on behalf of those facing foreclosure. He says the PA A.G. did get points for signing a letter to preserve state’s rights to deal with predatory lenders and he has filed suit against scam artists looking to take advantage of home owners about to be foreclosed on by their lenders. King says while on average Democrats did better than Republicans the strongest correlation to grade was how hard hit the state was by the foreclosure crises. He says there were no bad grades in the 5 states hit hardest but the Attorneys General in the state where the foreclosure crises has not been extreme have done little to help.