The Foreclosure Crisis Hits Hospitals, Prisons

If you lost your house unfairly in the last couple of years, you might see a silver lining in the next couple of weeks. There's a big legal settlement in the works, and also a regulatory review, asking if homebuyers came to any "financial harm." But the harm inflicted by foreclosures is more than just financial.

Listen to David Brancaccio explain how foreclosures cause sickness and crime on Marketplace Morning Report:

About the author

Stan Alcorn is a multimedia journalist in New York City. He has reported for NPR and WNYC, where he has focused on business and the New York tech scene.
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The only foreclosurer I would support would be on the ultra right Birchers who are disguisted as Tea Party leaders. I have been lucky and never had the problem face me or my family but I feel for those good folks who have. We bail out big banks that caused the foreclosurer problems and let the big bankers put their foot on the throats of their victems, often cursing the victem.

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