Korean Immigrant Community Lawsuit
A group of Korean homeowners filed a lawsuit against Trinity Law Associates for loan litigation scams targeting the Korean immigrant community. (posted 3/11/10)
By Amina Rabab Karam

California Announces Program to Help Homeowners Avoid Foreclosure
California Assembly Leaders and Los Angeles Mayor Villaraigosa announced the beginning of a program to help homeowners avoid foreclosure. The Monitored Mortgage Workout Program would force banks to meet with borrowers and a state-appointed mediator before foreclosing homes. (posted 10/13/09)
By Ariel Edwards-Levy

Protection against bad mortgages
Mayor Antonio Villaraigosa introduced a new measure that will protect Los Angeles homeowners who are at risk of foreclosure. Additional reporting by Dina Diaz (posted 4/28/09)
By Janelle Burdette

Homelessness in Los Angeles
The foreclosure crisis coupled with an economic meltdown has put more strain on a neighborhood still struggling to reinvent itself. The US Department of Housing and Urban Development gave the greater Los Angeles area $73 million in grants, but it won't be enough to solve the crisis. Homeless service organizations are reporting an increase in homeless families, and are struggling to make do with limited resources. The last homeless census was done in 2007, and found that on any given night 73,000 people were homeless. That was the year the foreclosure crisis started to affect South L.A. Low rent apartment buildings bought by speculators with bad loans began going into foreclosure, affecting dozens of families. Without enough permanent, low-income housing available, more and more families and individuals are being pushed into homelessness. Even families that were homeless, but found housing, are now back on the streets. (posted 3/05/09)
By Timothy Beck Werth

Interview with Professor Raphael Bostic on the National Foreclosure Crisis
The Bush Administration approved a new program called Project Lifeline, which will give homeowners facing foreclosure a little relief. According to U.S. Representative Maxine Water said last December that eight out of the top 20 cities for foreclosure rates in the country are in California. Annenberg News Radio host Laura Weber spoke with USC Professor Raphael Bostic, director of the Real Estate Development program. She asked him how the national foreclosure crisis is affecting California. (posted 2/12/08)
By Laura Weber

Foreclosure Scares
The effects of foreclosure are already being felt in neighborhoods in South Los Angeles. Community leaders point fingers at deceptive lenders. (posted 9/18/07)
By David Chong