Protections for homeowners and tenants in foreclosure or who have gone through foreclosure.
Guests: Leon Bayer, Certified Specialist in Bankruptcy Law; Keith Ogden, Staff Attorney, Community Legal Services in East Palo Alto; Shirley Gibson, Legal Aid Society of San Mateo County; and Maeve Elise Brown, Executive Director, Housing and Economic Rights Advocates. Listeners with questions or comments for Chuck and his guests, please call 415-841-4134.
The City of Richmond was hit hard when the housing bubble burst – about 12,000 homeowners there are underwater. That’s roughly half of all mortgage holders in the city. Richmond’s City Council recently approved a radical new plan to use eminent domain to buy underwater mortgages and resell them to beleaguered homeowners at lower prices. Richmond mayor Gayle McLaughlin spoke with KALW's Holly Kernan about her city’s radical plan to help homeowners drowning in debt.