Saturday, March 3, 2012

Local civic groups stage foreclosure marches

The spotlight on the nation's housing crisis continued to shine this week as civic organizations and legislators rallied in the financial districts in Chicago and New York.

The Rainbow/PUSH Coalition, with residents in tow, marched Monday in front of the Federal Reserve Bank on LaSaIIe Street urging lenders to take more proactive action. They also renewed the call for the government to live up to its obligation to solve the housing crisis.

"This is just the beginning of the problem. We still have time to fix the problem. These banks are smarter than the administration on originating, securing and servicing loans.

"They can create the solu-tions needed," Jonathan …

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