Friday, March 11, 2011

Foreclosures on people who have never missed a payment -- and the effect on children

Did you know that there are foreclosures on people who have never missed a payment, and that the mortgage service industry makes more money from foreclosures than restructuring debt?  And what is happening to children when parents lose their home?

Click here to watch a video of Yves Smith talking about foreclosures on people who have never missed a payment:

Click here to see the powerful 60 Minutes segment called "Homeless Children:  the Hard Times Generation.

1 comment:

  1. This generation of children are having a hard time living in poverty. I feel so bad for them, and I pray that this nation will come together to decrease the amount of homeless children. Together we can learn, act, and give. We can learn and understand the proble. Then we can act on what to change in the community, then give of our time, talents, and donation.

    ReplyDelete