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HOPE Task Force Tweaks Recommendations, Citizens Want More Reform

April 15th, 2008 by flanews

The HOPE task force, a panel of financial experts and cabinet members, is just days away from presenting recommendations to Governor Charlie Crist. Crist assembled the task force earlier this year to come up with solutions to the states foreclosure crisis. Tuesday the task force met to put the final touches on its recommendations. Many of the suggestions center on informing the public about predatory lenders. Travis Munnerlyn, a member of ACORN, a group helping Floridians fighting foreclosure said the recommendations dont go far enough.

Education is not the answer, thats just something to say to pass the buck. Id say educations not the answer to it, said Munnerlyn.

The task force will recommend lenders disclose any prepaid penalties attached to a loan. ACORN wants prepaid penalties eliminated.

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