The potential for massive fraud in these types of deals is phenomenal......I'm sure the scams are already on the drawing board.....flipping properties, fraudulent ID's, kickbacks to bank insiders, etc. The fin'l downside to US taxpayers who will ultimately "tote the note" will be critical unless this idiocy is stopped.
Do you think Wells Fargo and /or Citibank are "aiding and abetting" by making loans to other criminals who then use their homes for meth labs, prostitution, etc.?
I guess your first step is to provide your evidence that either ACORN or the banks are knowingly engaging in any of these illegal activities. Got any?