IHOPSkins Posted February 21, 2009 Share Posted February 21, 2009 http://cbs5.com/consumer/forclosure.fighting.home.2.939232.html Despite Foreclosure, Some In Bay Area Won't Budge ACORN hosted a "stay-in-your-home" event in Oakland for those facing foreclosure Thursday, saying that foreclosure hurts not only the people being kicked out, but the whole neighborhood. Rosa Gonzalez bought a modest home on Ritchie Street in Oakland three years ago where she now lives with her husband and daughter. Her brother-in-law, who was paying half the mortgage, was arrested, and she has fallen behind in her payments. "So I asked them to help me out and refinance my home so they could lower my mortgage, or my interest rates, but they said no," said Gonzalez. Her interest rate is steep, more than seven percent on the first mortgage, and more than 11 percent on the second. Shirly Burnell was one of dozens of ACORN members who rallied on Gonzalez's front yard. She called herself a foreclosure fighter. "To have all of these homes that are empty, and they've become an eyesore, or they have street people moving into them, and pretty soon you have a fire," said Burnell. "It's a big mess, and it doesn't help the value of the homes that are still here, and it doesn't help the people who have been thrown out of them." Many people at the gathering also said they were unclear how President Obama's newly unveiled mortgage plan will help fix the mess. Link to comment Share on other sites More sharing options...
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