Posted by
Defend America on Thursday, July 02, 2009 7:07:34 AM
ACORN head claims a home is lost every 13 seconds; here's rest of the story
Bertha Lewis, national president of the Association of Community
Organizers for Reform Now (ACORN), issued a news release yesterday
repeating a claim she has previously made that "every 13 seconds
another American family loses its home."
Curious about how that figure was calculated, I called the contact
person on the release, Austin King, director of the ACORN Financial
Justice Center. "Oh, we got that figure from the Center for Responsible
Lending," he said. "We have been using that figure for about five
months now."
When asked if he had double-checked the accuracy of the figure, King
said "we've ball-parked it, but I didn't do the numbers. They maybe
[CRL] did some different benchmarks."
So, I pointed out to King that if a home is lost every 13 seconds,
there would have to be at least 2.42 million homes lost in a year. But,
according to Business Week, only about one million homes were lost in 2008.
http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/ACORN-claims-a-home-is-lost-every-13-seconds-49628217.html