Stimulus Mortgage Counseling? For Who?

A tipster writes: “If you google ‘mortgage counseling,’you will get the HUD approved list of mortgage counselors, which has toreveal their affiliation. Many are affiliated with ACORN and La Raza.$200 million to La Raza and ACORN. At election time. Seems like acoincidence. Why do we need mortgage counselors if we just raised theFHA limit to $725,000? Wouldn’t the government handle that ‘mortgagecounseling?’”

Good question.

 

2009-02-26