South L.A. Homeowners Struggle with Foreclosures

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Empty homes fill the streets of South Los Angeles as many elderly and unemployed homeowners find that they are ineligible for assistance.

Neon Tommy reports that homeowners who took a cash-out refinance loan made them ineligible for nearly $2 billion in federal funds, as part of the Keep Your Home California plan.

Neon Tommy analyzed foreclosure records from January to October of 2010. Learn more about the investigation and read the full story on Neon Tommy.com.