Members of the Association of Community Organizations for Reform Now, or ACORN gathered in Hartford today to present the Banking Commissioner with keys to help the foreclosure crisis in the state.
The oversized yellow cardboard keys were presented to Banking commissioner Howard Pitkin as a way to propose amendments to a bill that would protect homeowners in the state, including the ban of certain predatory loan practices.
Connecticut had more that 14,000 foreclosed homes in 2007, and almost four thousand in the first two months of this year.
Sharon Patterson Stallings, the Chair the Hartford ACORN Chapter, has seven homes in her neighborhood that are facing foreclosure. She spoke to the group before presenting the keys to the commissioner.
"We'd like for the commissioner to send a strong message that the banking department stands on the side of consumers and should work with legislators to ensure that the ACORN keys of foreclosure are included in any bills that pass the house and the senate."
Patterson Stallings said she is frustrated with the slow action, and with seven days left in session, she believes Pitkin should take a leadership role in consumer protection.
Patterson Stallings was the only ACORN member allowed to meet with the commissioner.
The Commissioner said he appreciated the information ACORN Members presented and would consider it, yet the timeline was not up to him, but to the general assembly.
The bill is awaiting action in the house of representatives.