CAI EXPOSED! Hires PR firm to bombard Governor over Anti- Foreclosure Bill

[UpInArms]

http://www.ahrc.com/new/index.php/src/news/sub/article/action/ShowMedia/id/1628

An investigation reveals that CAI is paying a public relations company to get Governor Schwarzenegger to veto AB 2598 (Steinberg - Ducheny)

On August 27, an overwhelming bipartisan coalition in the California legislature gave final passage to AB 2598 that would prohibit the use of non-judicial foreclosure in homeowner associations for delinquent amounts below $2,500.

CAI lawyers are furious at the prospect of losing millions in foreclosure fees because of this legislation. In one study, it is estimated that they made approximately $90 million in lawyers' fees from 1999 to 2003.

So, CAI is fighting back!

Skip Daum, the CAI/CLAC lobbyist in Sacracmento has hired Perry Communications to prevent the governor signing the bill.

...more...

[JDPriestly]

1. Thanks for posting. Good info.

Schwarzenegger has broken so many promises, beginning with his promise to be independent from special interests.