May 22, 2012

Jesse Jackson calls for banks to boycott foreclosure auctions in Georgia …

jackson

… at least until the 2009 holiday season is in the rear view mirror, according to the Atlanta Journal-Constitution:

“We’re asking banks to withdraw… Why should banks subsidized by the government and protected by insurance paid for by homeowners put people out on their homes at Christmas?… We know the banks that have loans in the state. We’ll have a roll call.”

The civil rights activist points to Wachovia Bank’s decision in October to place a temporary moratorium on foreclosures, which saved 1,400 homes in the “Peach State” from immediate repossession, as proof that lenders can make compassionate decisions. If not, Jackson intends to vociferously highlight the banks that ignore his most recent request from the steps of the Fulton County Courthouse. Keep hope alive!


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