Foreclosures Help Information

Boston Foreclosed Properties

Question: Why does Obama support $4 billion in funding for groups to buy foreclosed properties?

That's the only provision in the mortgage bailout that the White House opposes. Obviously it doesn't help anyone facing foreclosure, just the banks...and oh...the people who get the funding to buy the properties. This would be groups like ACORN.

For more on ACORN, Obama, urban blight and padded pockets, see below:

http://cei.org/node/20757

http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/

http://news.yahoo.com/s/uc/20080625/cm_uc_crmmax/op_196477

http://www.city-journal.org/html/13_2_acorns_nutty_regime.html

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Answer: to help his buddies.

Boston Foreclosure Homes

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