JP Neighbors Protest Foreclosure Auction
A neighborhood organization and a local nonprofit recently protested at the foreclosure auction of a Jamaica Plain home to prevent bidding on the property for which the owners were working toward a sale agreement but had not yet completed the deal. “We have a neighbor who has lived in our community for 18 years who, because of a health emergency, is being forced to sell his home,” said Chuck Collins, a neighbor and member of the Asticou Martinwood South Street Neighborhood Association. Collins told Jamaica Plain News the intent of the picket outside the South Street condo was to "urge investors to back off" as they were calling on the bank to allow the sale to go forward. Collins said the potential buyers had already completed a home inspection and a purchase-and-sale agreement was being finalized. The sale would have covered the owners' financial obligations to lenders. Asked about the foreclosure auction, Rushmore Loan Management Services provided the following statement to Jamaica Plain News:
"Rushmore strives to meet the needs of all of its borrowers, including those experiencing short- or long-term issues or concerns.