Published on 5 Jul 2012 by RTAmerica
Millions of Americans have had their homes foreclosed on in recent years, but now one state is doing something about it. California is the first state to crack down on foreclosures by making it difficult for big banks to prey on home owners. The law would block lenders from foreclosing on the homeowner while they seek alternative means to save their homes and even allows them to file a lawsuit against the banks. Richard Eskow, senior fellow at Campaign for America’s Future, joins us with more.
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