Bernanke's Childhood Home Foreclosed
Oh, the irony...
Travis Jackson walks through his modest ranch house, admiring the
kitchen's built-in spice rack and the red-oak floors. He draws back the
curtains, and sunlight illuminates the pride on his face.
The young banker just bought Federal Reserve Chairman Ben Bernanke's childhood home at a foreclosure sale.
"This is where it all happened," marvels Mr. Jackson, a 27-year-old loan officer at First Citizens Bancorp, which is down the street from the old Bernanke place. "Kind of a surreal feeling, isn't it?"
Mr. Bernanke's family sold the property more than a decade ago. It ended up on the block late last year after its former owners fell behind on their mortgage payments.
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