Thursday, November 26, 2009

Jesse Jackson on Mich. foreclosures: You cannot resolve this crisis house by house

Rev. Jesse Jackson this week called for mass action to address the state's foreclosure crisis and said that his civil rights non-profit organization, the Rainbow Push Coalition , is pressuring major mortgage lenders including Wells Fargo, Citibank and Bank of America to restructure homeowner's loans to help avert foreclosures. Jackson said the government's efforts to curb the foreclosure crisis are poorly enforced and limited. The federal Homeowner Affordability and Stability Plan

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