“The Fight Continues.”

Michael De Los Santos, community organizer and outreach and project coordinator with the Community Reinvestment Association of North Carolina talks about working within communities served by his organization, spoke with us at the 2011 National Community Reinvestment Coalition conference about his concerns with the potential impact of a qualifying residential mortgage (QRM), and working with the North Carolina congressional delegation in implementing policy. He spoke with Shelterforce on day 1 of the 2011 National Community Reinvestment Coalition conference.

De Los Santos is no stranger to risky loans and the impact they have on families and communities. In college, when he took a job as a loan processor for a mortgage broker, he saw first hand how applicants were encouraged to “exaggerate” on their income claims, and how brokers were encouraged to push products with higher rates.

Having worked as legislative director at Raleigh ACORN in North Carolina, De Los Santos’s significant work in foreclosure prevention and tenants rights led him to DC for this conference, where, he notes, “the fight continues.”

Watch his video:

Matthew Brian Hersh served as senior editor at Shelterforce from March 2008 to October 2012. He studied English at Rutgers University and has spent his professional career in journalism, policy, and politics.


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