East LA Family, Occupy LA Fight Home Foreclosure

occupy la

*+-Dan Bluemel: At the request of a homeowner under foreclosure, occupiers have barricaded themselves inside another home. They hope to stave off eviction and force an amicable arrangement with the mortgage lender.

The Foreclosure Crisis: Urgent as Ever and Could Get Worse

foreclosure sale

*+-Carl Bloice: There are an estimated 3.5 million seriously delinquent mortgages out there. There were nearly 2.7 million foreclosure filings on about 1.9 million homes last year. That’s down from 2007, but it’s still about one out of every 69 homes in the country.