Oblates Work with Parishioners to Save Mortgages
April 27th, 2009
John Lasseigne, OMI is a priest at Mary Immaculate Catholic Church in the Southern California community of Pacoima, where one in every nine homes is in some stage of foreclosure. He says the people in this community were targeted by predatory lenders and given loans they never should have qualified for.
Fr. Lasseigne and others at Mary Immaculate, has been working with One-LA, a community organizing effort in Los Angeles, to help parishioners re-finance problematic mortgages.
CNN recently did a story on this effort. Watch the video…