ACORN's First Time Homebuyer Program
Alert: As a result of the five week government shutdown, some new mortgage processing may be delayed. Workers who handle income verification at the IRS, those who work on federal employment verifications, and staff who handle loan processing by HUD and the VA were all furloughed during the shutdown.
They are currently working to catch up with the backlog.
Intimidating to nearly everyone, the home buying process can seem impossible to millions of low- and moderate-income Americans.
Beginning in 1986, ACORN Housing’s mortgage counseling program started a program to help first time homebuyers learn about and be better prepared for the process of buying a home. …
Rep. Waters to Focus on Restoring CFPB
On January 3, 2019, Democrats officially took over leadership of the US House of Representatives. Representative Maxine Waters (D, CA-43), a longtime champion of the CFPB, became head of the House Financial Services Committee.
In an interview that evening on MSNBC’s “All In with Chris Hayes”, Representative Waters said "I've been focused on the Consumer Financial Protection Bureau. That was the centerpiece of the Dodd/Frank reform. And Mulvaney [has] tried to dismantle the consumer financial protection bureau. I'm going to focus on that and we're going to try and undo the damage that Mulvaney has done," she added. "The last two years have been very dangerous. I have been appalled and surprised at how blatant it has been."
In October 2018, Rep. Maxine Waters introduced a bill that would: