Foreclosure reforms may be coming to a head

Source: Michael Hiltzik, L.A.Times (Free Registration)

We are now in the fifth year of a housing crisis in which more than 3 million Americans have lost their homes to foreclosure, with millions more still at risk. Every initiative — government or private — to stem the tide of misery has fallen leagues short in the face of continued economic gloom and the intransigence of lenders. So it's an odd moment to be identifying glimmers of optimism that solutions to the crisis might finally be emerging. Yet that may be the case.

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mortgages, financial, loans, foreclosures

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