Acorn and Citibank

chanel

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Jun 8, 2009
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After sorting through the documents, though, the 20,000 documents that were retained included sensitive personal information, financial records and documents outlining the internal and political workings of ACORN. One of the documents obtained by Biggovernment.com shows that ACORN had business relationships with 28 major financial institutions for the purpose of assisting homeowners whose mortgages were in foreclosure.


Citigroup was one of the 28 financial institutions with which ACORN had a business relationship. ACORN operated a Citi Outreach program where employees of ACORN were provided personal information for Citigroup’s customers and would make contact with borrowers who fell behind on their mortgage payments. The objective of the program was to get homeowners to contact ACORN Housing Corporation (AHC). Testimony provided to members of two congressional committees, the House Oversight & Government Reform Committee and the House Judiciary Committee, revealed that ACORN used the Citi Outreach program, as well as a program operated on behalf of Bank of America, as a membership recruiting tool where homeowners where expected to pay monthly membership dues to ACORN prior to receiving assistance. Testimony provided by Anita MonCrief, a former ACORN employee turned whistle-blower, sated that ACORN had quotas for membership recruitment. Documents provided to Biggovernment.com show that regardless of whether the homeowner was assisted or not, ACORN was paid by Citigroup as long as a current phone number was obtained. The document also shows that ACORN employees were well aware of the need to keep these documents and records private due to state and federal privacy laws. The document reads, “People on this list have their privacy protected. Keep the lists private.”

The personal info was found in the dumpster.

Connect the dots...

Big Government » Blog Archive » ACORN Document Dump: Citibank Jeopardizes Customers for ACORN
 
What would anyone expect?? Acorn is under investigation in quite a few states for Voter Fraud and God knows what else. No big surprise at all.
 

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