National People's Action Protest at American Bankers Association
Representatives from National People’s Action (NPA) visited the offices of the American Bankers Association (ABA) on March 23 to protest the group’s opposition to S. 61, the Helping Families Save Their Homes Act. S. 61 would lift the ban on court-supervised mortgage modifications and could prevent up to one million foreclosures. AFFIL supports this legislation and we’ve been following it closely (it’s currently stalled in the Senate, and may be addressed after the April recess).
NPA protesters demanded – and got – a meeting with ABA President and CEO Ed Yingling. While in Washington, the group’s leaders also met with Ben Bernanke, and will release detailed policy demands surrounding foreclosure prevention and other topics later this week. Read more about the protest from The Hill.