Faces of Foreclosure

Previous aired on PNN

Faces of Foreclosure




At the end of 2008, Consumers Union embarked on a special project to record the video stories of individuals in the United States experiencing a crisis as a result of the mortgage meltdown. These are the personal stories of several individuals whose experiences reflect the many ways in which abusive mortgages are taking a huge toll on individuals, communities and our economy.
In 2008, 2.3 million properties received a foreclosure filing in the United States. That's an 81 percent increase from 2007 and a 225 percent increase from 2006. (Source: RealtyTrac)
Beyond the statistics, these are real people, real families fighting to keep the most precious thing they own. Under pressure to make ends meet to pay their mortgages and feed their children, these are the stories of people targeted by predatory lending practices and forced to make difficult decisions.
To learn more about this issue, please read Consumers Union's platform: No More Mortgage Meltdowns!
Do you have a personal story you'd like to share? If you are afraid of losing your home or you already have, we want to hear from you.
If you are having mortgage difficulties, please see our tips section. There are many foreclosure counseling options and other resources available to you.
If you'd like to receive a copy of these videos to share with you friends and family, neighborhood association or community group please email Tim Marvin.