The Mortgage Crisis and 'Occupy Our Home'

Hosted by

delossantos.jpgAttorney General Kamala Harris has pulled out of a state and federal settlement with big banks, calling it "insufficient." Now she's joined forces with Nevada's Attorney General Catherine Cortez Masto and they represent two of the states most heavily battered by problematic home mortgages. (The state bankers association wasn't available for our program, but told us that member institutions try to work with troubled borrowers whenever they can.) We speak with Harris, mortgage and redevelopment specialists and a Marine veteran and father of four who "reclaimed" his dream house in Riverside yesterday, as part of the "Occupy Our Homes" action nationwide.

Photo: Art de los Santos, who re-occupied his foreclosed home in Riverside. Photo by Tracy Lee Silveria, SEIU 721

Credits

Guests:
Kamala Harris - U.S. Senator representing California - @senkamalaharris, Arturo de los Santos - homeowner, Rick Sharga - Carrington Holdings - @ricksharga, Peter Dreier - Occidental College - @PeterDreier

Host:
Warren Olney