California Foreclosures Jeopardize Renters as Banks Seize Homes by Ari Levy and Dan Levy, Bloomberg.com April 6th, 2009 Citing TT's recent report, this article discusses the impact of foreclosure on California renters. The stories of Laura Hecox (Chula Vista) and Genevieve Hilpert (San Francisco) are highlighted. The article also notes that banks are losing over $1 billion annually by not continuing to rent to California tenants after foreclosure.
Man Pays $30K in Rent, Faces Eviction by Thelma Gutierrez and Wayne Grash, CNN May 29th, 2008 CNN profiles a single mom of eight in Palmdale who faces eviction from her rental after a foreclosure. A Laguna Hills family who has paid $30K in rent since last August also faces eviction because their landlord failed to make mortgage payments.
Mom Forced to Live in Car With Dogs by Thelma Gutierrez and Wayne Grash, CNN May 20th, 2008 CNN covers the plight of Santa Barbara residents who lost their homes when they could no longer afford to pay rent.