Industry News

Foreclosure crisis ‘is like Hurricane Katrina’

Panelists discuss how homeowners, lenders can reduce losses
Published on Jul 24, 2008

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by CareyBot

SAN FRANCISCO — The massive waves of foreclosures have bogged down the nation like a natural disaster and require a large-scale response, said Frances Flynn Thorsen, managing editor for the online community. "This crisis is like Hurricane Katrina, and ...