ACORN’s Foreclosure Fraud

King, who organized the protests, argued that ACORN had warned policy makers years ago about the approaching meltdown.

Even if this is true, it misses the point because ACORN helped to create the housing bubble that popped leading to the mortgage industry’s meltdown.

For years ACORN has supported the Community Reinvestment Act (CRA), a kind of financial affirmative action program that required banks to lend to borrowers in supposedly under-served neighborhoods. CRA helped to change the way U.S. financial institutions operated. Even though it didn’t cover all mortgages, the law opened the door for community organizers to weaken lending standards.

Buycks-Roberson v. Citibank Federal Savings Bank

1.     http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf 1:94-cv-04094 (N.D. Ill.) 05/12/1998 FH-IL-0011-9000

1.     http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf Preliminary Approval Order, Notice of Pendency of Class Action, and Proposed Class Settlement and Hearing FH-IL-0011-0007

2.     http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf 1:94-cv-04094 (N.D. Ill.) 05/12/1998 FH-IL-0011-9000

3.     http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf Preliminary Approval Order, Notice of Pendency of Class Action, and Proposed Class Settlement and Hearing FH-IL-0011-0007

4.     Obama Was Co-Counsel Against Citibank in 1994 Suit for “Red-lining” – Can You Say ACORN? http://stubbornfacts.wordpress.com Posted: Oct. 10, 2008 By:  stubbornFacts.wordpress.com [ Detail ] http://stubbornfacts.wordpress.com/2008/10/10/obama-was-co-counsel-against-citibank-in-1994-suit-for-red-lining-can-you-say-acorn/

5.     The Jawa Report: How a Young Chicago Litigator Helped Create the Subprime Housing Crisis http://mypetjawa.mu.nu By: The Jawa Report [ Detail ] http://mypetjawa.mu.nu/archives/194379.php

6.     snopes.com: Obama Required Banks to Lend Money to Poor People http://www.snopes.com By: Snopes.com [ Detail ] http://snopes.com/politics/obama/loans.asp

7.     Obama’s Early Legal Career: Heavy on Advocacy for Blacks Posted: May. 09, 2008 By: Vdare.com [ Detail ] http://blog.vdare.com/archives/2008/05/09/obamas-early-legal-career-heavy-on-advocacy-for-blacks/print/ 

8.     Obama sued Citibank to increase lending to minorities; contributed to subprime housing crisis http://obamawtf.blogspot.com/ Posted: Oct. 19, 2008 By:  ObamaWTF.Blogspot.Com [ Detail ] [ External Link ] 

9.     Obama Sued Citibank To Force Them To Make Bad Loans http://www.theurbangrind.net By: The Urban Grind [ Detail ] obama-was-co-counsel-against-citibank-in-1994-suit-for-red-lining-can-you-say-acorn

10.   Obama, CRA, and the Mortgage Mess http://www.sayanythingblog.com Posted: Oct. 10, 2008 By: SayAnythingBlog.com [ Detail ]

11.   How Barack Obama helped cause the subprime mortgage meltdown http://blogwonks.com/ Posted: Sep. 24, 2008 By: Blogwonks.com [ Detail ] [ External Link ] 

12.   Guilty! “Obama Sued Citibank to Force it to Make Bad Loans” http://gabriellecusumano.blogtownhall.com By: Gabrielle Cusumano [ Detail ] http://stubbornfacts.wordpress.com/2008/10/10/obama-was-co-counsel-against-citibank-in-1994-suit-for-red-lining-can-you-say-acorn/ 

13.   Guilty! “Obama Sued Citibank to Force it to Make Bad Loans” http://www.freerepublic.com/home.htm Posted: Oct. 09, 2008 By: WmShirerAdmirer [ Detail ] [ External Link ]

14.   Barack Obama and ACORN Sued CitiBank For SubPrime Loans http://www.audacityofhypocrisy.com By: AudacityOfHypocrisy.com [ Detail ] [ External Link]

15.   http://www.federalreserve.gov/newsevents/testimony/braunstein20080213a.htm  

16.   http://www.federalreserve.gov/communityaffairs/national/CA_Conf_SusCommDev/pdf/cannerglen.pdf   

17.   http://www.federalreserve.gov/BoardDocs/Surveys/CRAloansurvey/cratext.pdf 

18.   http://www.federalreserve.gov/newsevents/testimony/2008testimony.htm 

19.   http://www.bizjournals.com/phoenix/stories/2009/06/29/daily17.html 

20.   http://www.federalreserve.gov/newsevents/testimony/braunstein20080213a.htm 

21.   http://www.federalreserve.gov/communityaffairs/national/CA_Conf_SusCommDev/pdf/cannerglen.pdf 

22.   http://www.federalreserve.gov/BoardDocs/Surveys/CRAloansurvey/cratext.pdf 

23.   http://www.federalreserve.gov/newsevents/testimony/2008testimony.htm 

24.   http://www.bizjournals.com/phoenix/stories/2009/06/29/daily17.html 

25.    

2.     Who caused the Financial Crisis? http://uncommonacumen.blogspot.com/ Posted: Oct. 05, 2008 By: Uncommon Acumen

3.     The POR (Pelosi-Obama-Reid) Economy: Very Poor http://www.pajamasmedia.com By: Tom Blumer
[ Detail ]http://pajamasmedia.com/blog/the-por-pelosi-obama-reid-economy-very-poor/2/

4.     Republicans: best for America http://www.abc.net.au By: Jim Fryar [ Detail ]  http://www.abc.net.au/news/stories/2008/10/22/2398436.htm

5.     Obama’s Radical Friends: Communists, Marxists, Corrupt Politicians, Racist Mentors and More http://sooshisoo.wordpress.com/ Posted: Sep. 29, 2008 By: One American Voice [ Detail ] [ External Link ]

1.      http://kpr37.newsvine.com/_news/2008/09/30/1933809-obamas-radical-friends-communists-marxistsand-his-racist-mentors

2.     http://en.metapedia.org/wiki /    List_of_Barack_Obama’s_friends_and_associates

3.     http://en.metapedia.org/wiki/Barack_Obama%E2%80%99s_Communist_connections  

4.     http://badgerblogger.com/?p=7840

5.     http://sayanythingblog.com/entry/obama_cra_and_the_mortgage_mess/ 

6.     Obama, ACORN, PROJECT VOTE & MASSIVE VOTER FRAUD  http://exposingobama.wordpress.com/2008/10/12/obama-acorn-project-vote-massive-voter-fraud/ Posted: Oct. 12, 2008 By: ExposingObama.wordpress.com [ Detail ] http://exposingobama.wordpress.com/2008/10/12/obama-acorn-project-vote-massive-voter-fraud/ (Videos included in this one) 

1.     More proof about Barack Obama and ACORN http://myviewmytake.wordpress.com/ Posted: Oct. 10, 2008 By: My View My Take [ Detail ] [ External Link ] 

2.     Connecting the dots between ACORN, Obama and Voter Fraud http://smoothstoneblog.com/ Posted: Oct. 12, 2008 By: SmoothStoneBlog.com [ Detail ] [ External Link ]

3.     Barack Obama and ACORN http://www.theobamafile.com By: TheObamaFile.com [ Detail ] [ External Link ]

4.     Cloward Piven Strategy – Part 4 – Organizational Affiliations http://sadimtouch.wordpress.com/ Posted: Oct. 08, 2008 By: SadimTouch.Wordpress.Com [ Detail ] [ External Link ] 

5.     Barack Obama’s Community Work http://www.theobamafile.com By: TheObamaFile.com [ Detail ] [ External Link ] 

6.     Davis, Miner, Barnhill & Galland, P.C. (law firm) http://www.discoverthenetworks.org By: DiscoverTheNetworks.org [ Detail ] [ External Link ] 

7.     ACORN v. Illinois State Board of Elections Nov 15, 1995 http://clearinghouse.wustl.edu/chDocs/public/VR-IL-0042-0009.pdf

8.     http://clearinghouse.wustl.edu/detail.php?id=3213&search=source|general;caseName|acorn;orderby|caseState, caseName;

9.      

7.     Hey America. Wake Up. http://hillbuzz.wordpress.com By: HillBuzz.Wordpress.com [ Detail ] [ External Link ] 

8.     Further Info http://www.commonterry.com/  By: J. Brian Terry [ Detail ] [ External Link ] 

9.     Death by Political Correctness http://www.wewantliberty.com/ Posted: Oct. 02, 2008 By: WeWantLiberty.com [ Detail ] [ External Link ] 

10.   Barack Obama and Race http://www.theobamafile.com By: TheObamaFile.com [ Detail ] [ External Link ] 

11.    A Historical Snapshot of Senator Obama and His Accomplishments http://www.wral.com Posted: Sep. 12, 2008 By: getright [ Detail ] [ External Link ]