Foreclosure Crisis Hits Home
By Daniel Macht |
January 2nd, 2008 | Share This
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Print- Published in: The Queens Courier
Video: FORECLOSURE CRISIS HITS HOME
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SAFE AT HOME? : Myrtle Anderson is scrambling to save her Queens home after unwittingly taking out a loan with a variable interest rate. She lives in Jamaica, the city neighborhood hit hardest by the subprime mortgage crisis.
Marlene Peralta reports.
Photo By: Daniel Macht/NYCity News Service
ACTION JACKSON: The Rev. Jesse Jackson led a Queens protest against rising foreclosures and high-cost lending, calling the issues the "economic crisis of our times."
Queens -
The Reverend Jesse Jackson led a march to a Laurelton house surrounded by weeds after calling for a new civil rights movement to fight rising foreclosures and high-cost lending that have plagued minorities disproportionately - and southeast Queens, in particular.
“This is the economic crisis of our time,” Jackson said at St. Luke’s Cathedral on 232nd Street.
