11:43pm

Sun July 14, 2013
Economy/Labor/Biz

Today on Your Call: What are local solutions to help homeowners threatened with foreclosures?


On today’s Your Call, we’ll have a conversation with the Gail McLaughlin, the Mayor of Richmond about the city’s foreclosures problems and solutions. Richmond could become the nation's first city to use eminent domain to bail out distressed homeowner. What is the state of foreclosures today? What resources are available to homeowners facing foreclosures? It’s Your Call, with Holly Kernan and you.

Guests:

Ben Hallman, senior financial writer at The Huffington Post

Gayle McLaughlin, Mayor of Richmond, California

Web Resources:

Huffington Post: Spiking Home Prices Are Actually A Cause For Concern

NBC: Elusive foreclosure fixes put homeowners on housing hold

Contra Costa Times: Richmond coalition embarks on campaign to seize underwater mortgages from banks

CBS: "Zombie" foreclosures hit ex-homeowners

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