Patriots sprucing up image

Bill's Rant

August 12, 2008|By BILL ORDINE

A year ago, the New England Patriots suffered a black eye over Spygate, admitting to having broken NFL rules in their zeal to scout opposing teams. It was a national embarrassment to the organization, and owner Bob Kraft wound up apologizing to his fellow owners.

However, this year, the Patriots are coming out of the gate as a franchise doing something entirely admirable. Today, the Patriots, along with the Federal Reserve, are holding a giant mortgage consultation at Gillette Stadium in Foxborough, Mass., for homeowners who are facing loan difficulties.

For seven hours, folks who took out expensive sub-prime loans will get to meet with mortgage experts to see if some remedy might be available to help keep them from drowning in interest and losing their homes. The event could draw thousands of people, and about 20 financial and mortgage service companies are participating, including Wells Fargo and Bank of America.

It's anyone's guess how many homeowners can be helped, but Kraft, who sits on the Boston Fed board, said: "We hope some people come out of this saving their homes."

With enough of these gestures, the Patriots are in danger of actually become likable - despite Bill Belichick.

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