The Association of Community Organizations for Reform Now (ACORN) was forced to go out of the Jamaica courthouse last Friday for interrupting an auction in foreclosures.
They bid zero for every properties and kept shouting “Stop the auction!”
ACORN is a nonprofit group and is very vocal in the lending’s unstable condition, as well as in foreclosures.
Queens Village resident and ACORN member Jocelyn Voltaire filed for foreclosure a year ago. In the courtroom, she was begging the officers in court to shoot her. She was also yelling hysterically.
Prior to entering the Sutphin Boulevard courtroom, she and the other members were outside, protesting and demanding for a 1-year foreclosure moratorium so that the victims can still maintain their properties.
55-year old Voltaire is a single mom. She purchased her property in Queens Village in 1987. It went into refinancing 9 years ago for the education of her son.
For the 2nd time, it was refinanced 2 years ago to open up a store, but the loan terms were not fully explained. In 1987, she was paying $800 a month for the 1st mortgage, but went up to $3,800 on the 2nd mortgage.
Voltaire said that the bank did not give her any assistance at that time.
Luckily, her home was not auctioned and she was grateful to ACORN. The group is currently making arrangements with her bank regarding her loan, and at the same time for her to remain in the house for a short period of time.
According to New York-based ACORN Executive Director Pat Boone, public sales of foreclosed homes happen every week. Among the boroughs in New York City, Queens was the most affected with the home crisis and it was terrible.
She added that 482 borough homes were sent a notice last year. Foreclosures are getting worse. It has to stop and she gave a suggestion of putting a 1-year moratorium.
Cassiano Travareli has been educated in the finer points of the foreclosures market over 5 years. Read about the following article ACORN Disrupts Foreclosed Homes Bidding by Cassiano Travareli on ForeclosureDeals.com - Your online source for foreclosures for sale.
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