Foreclosures and Notices of Default

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A record number of California homeowners defaulted in mortgages last year: 118,020 statewide, and that's up 125% from last year. In Merced County located in the northern San Joaquin Valley, one in 20 homes are being lost to foreclosure.



  • Jack Kyser - Founding Economist, LAEDC's Kyser Center for Economic Research
  • Dave Hill - Business editor at the Modesto Bee


Warren Olney