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‘Mortgage bankers lie and cheat!’

Published Apr 16, 2008 11:11 PM
WW photo: Cheryl LaBash

Sandra Hines of Detroit (center), thrown out of her childhood home a week before Christmas due to foreclosure, speaks outside Policy Conference of Mortgage Bankers Association in Washington, D.C., on April 16. Several hundred people got up to the door of the hotel where the bankers were meeting, then picketed for two hours, chanting “Mortgage bankers lie and cheat, people get thrown out on the street!”

The Ad Hoc National Network to Stop Foreclosures & Evictions brought people, many facing foreclosure, from as far away as Boston, Raleigh and Miami. Sharon Black, a Baltimore organizer who chaired the rally, pointed out that the billionaire bankers were in D.C. to lobby for more tax breaks and concessions from Congress. The network has also organized more than 100,000 messages to representatives demanding a moratorium on foreclosures.

—Monica Moorehead