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Some homeowners face repeated foreclosures

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Uploaded by on Mar 21, 2010

Aided by flimsy lending practices, many borrowers got into real estate investing during the boom years. Now they're defaulting on multiple properties. Read Alana Semuels' story at http://bit.ly/9al9bM

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  • wow, no thanks for telling me something i already didn't know. such late and lame investigative journalism really blows my mind, how do the LA times stay in business? why would anybody subscribe to mainstream newspaper.

  • Thousands of home flipping investors are facing foreclosures on MULTIPLE homes, aided by flimsy lending practices, many borrowers got into real estate investing during the boom years....

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