Fighting Back Against Foreclosure
State worker Rose Gudiel wants to send a message to people facing foreclosure: don't give up. One West bank foreclosed on her home in September. She fought back by staging protests and sit-ins -- at her own home. (posted 10/18/11)
By Smitha Bondade

 

Protesters demand Wells Fargo do more to stop foreclosures
Homeowners barged into a downtown Wells Fargo branch today as part of a protest organized by the Home Defenders League. They were asking the bank to do more to stop foreclosures. (posted 2/24/11)
By Emily Frost

 

South L.A. Homeowners Struggle with Foreclosures
Nearly sixty percent of homeowners are facing foreclosures in Los Angeles. An investigation led by Neon Tommy and Spot.Us found that South Los Angeles is home to two of the 10 zip codes with the most foreclosures in the county. (posted 2/10/11)
By Megan Dickey

 

Homeowners protest at the Los Angeles County Courthouse
Homeowners dealing with foreclosure protested at the Los Angeles County Courthouse Thursday. The protest stems from anger at banks for seizing homes. (posted 10/14/10)
By ARN Staff

 

Homeowners seek help avoiding foreclosures
Thousands of people lined up by the Los Angeles Convention Center Thursday to find out how to save their homes from foreclosure. NACA, a national mortgage company, sent representatives to give them advice. The corporation says many people spent the night waiting in line to get help. (posted 9/30/10)
By Rachael Lee

 

Korean Immigrant Community Lawsuit
A group of Korean homeowners filed a lawsuit against Trinity Law Associates for loan litigation scams targeting the Korean immigrant community. (posted 3/11/10)
By Amina Rabab Karam

 

California Announces Program to Help Homeowners Avoid Foreclosure
California Assembly Leaders and Los Angeles Mayor Villaraigosa announced the beginning of a program to help homeowners avoid foreclosure. The Monitored Mortgage Workout Program would force banks to meet with borrowers and a state-appointed mediator before foreclosing homes. (posted 10/13/09)
By Ariel Edwards-Levy

 

Protection against bad mortgages
Mayor Antonio Villaraigosa introduced a new measure that will protect Los Angeles homeowners who are at risk of foreclosure. Additional reporting by Dina Diaz (posted 4/28/09)
By Janelle Burdette

 

Homelessness in Los Angeles
The foreclosure crisis coupled with an economic meltdown has put more strain on a neighborhood still struggling to reinvent itself. The US Department of Housing and Urban Development gave the greater Los Angeles area $73 million in grants, but it won't be enough to solve the crisis. Homeless service organizations are reporting an increase in homeless families, and are struggling to make do with limited resources. The last homeless census was done in 2007, and found that on any given night 73,000 people were homeless. That was the year the foreclosure crisis started to affect South L.A. Low rent apartment buildings bought by speculators with bad loans began going into foreclosure, affecting dozens of families. Without enough permanent, low-income housing available, more and more families and individuals are being pushed into homelessness. Even families that were homeless, but found housing, are now back on the streets. (posted 3/05/09)
By Timothy Beck Werth

 

Interview with Professor Raphael Bostic on the National Foreclosure Crisis
The Bush Administration approved a new program called Project Lifeline, which will give homeowners facing foreclosure a little relief. According to U.S. Representative Maxine Water said last December that eight out of the top 20 cities for foreclosure rates in the country are in California. Annenberg News Radio host Laura Weber spoke with USC Professor Raphael Bostic, director of the Real Estate Development program. She asked him how the national foreclosure crisis is affecting California. (posted 2/12/08)
By Laura Weber