KNBC TV Examines Sketchy Mortgage Rescue Company
Last night KNBC TV in Los Angeles aired a report about a “foreclosure rescue” company that is under investigation by the FBI. The story was inspired by Paul Kiel’s “Why Authorities Haven’t Stopped the Foreclosure ‘Rescue’ Boom” and it can be viewed here.
Foreclosure Crisis: Banks and Government Fail Homeowners
Banks and the government have fallen short in helping homeowners in danger of foreclosure.
The Story So Far
Systemic failures at the country’s banks and mortgage servicers have exacerbated the most severe foreclosure crisis since the Great Depression, and government efforts to limit the damage have fallen short. ProPublica created an unrivaled database of homeowners who have faced foreclosure, opened a Facebook page to encourage homeowners to share their stories, wrote profiles of some of them, and incorporated their experiences into our reporting. We also provided a comprehensive rundown of the numbers behind the crisis.
Latest Stories in this Project
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- 10 Questions – And Answers – To Help You Understand the Foreclosure Crisis
- Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
- Excerpt: At Goldman Sachs Servicer, 'Total Disaster'
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