My House: Facing the Mortgage Crisis

Facing the Mortgage Crisis
7:35 am
Tue July 21, 2009

Financial Fitness

Community organizations around the Miami Valley are offering foreclosure counseling and financial literacy classes.  In Clark County, the foreclosure rate continues to rise and experts say it is likely to for the foreseeable future, WYSO's Juliet Fromholt has the story of what one Springfield organization is doing to educate people about their mortgages, their homes and their Financial fitness.

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Facing the Mortgage Crisis
7:35 am
Mon July 20, 2009

Foreclosures Affect Those Who Can Afford Mortgages

The Dayton neighborhood in which Harriet Parker and her husband, Oscar, live has neatly trimmed lawns and block after block of ranch style houses. She's raised four children in this well kept home. Now, she watches her young grandchildren there during the week. She's not sure how long she'll be able to continue helping her kids with daycare, especially after she received a letter informing her that she owed nearly $92,000 in a balloon payment to her lender.

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