ACORN Housing Corporation Statistics

AHC Stats 1986-2006


Clients counseled

250,226

Mortgages created

79,539

Mortgage Amount

$10,080,912,633

Clients educated

284,758

29 offices nationwide


The information above was copied off ACORN Housing Corporation website. Note the average mortgage $126,742
For the 21 year period from the 29 offices. That computes to nearly 11 loans per month assuming all 29 offices were operational over that period of time. But notice In that same period they also educated 284, 758 and counseled 250, 226.

I sure would like to know what percent of these loans were forfeited or renegotiated. Also, prudence would dictate that
the principal breadwinner of each home should have an income equal to or more than 1/3rd of the amount borrowed.
It would be interesting to see how close the actual number was.

http://www.acornhousing.org/index.php