Monday, August 24, 2009

Marietta on CBS News: Unemployment Fueling Foreclosures

NeighborWorks America Homeownership Director Marietta Rodriquez, told CBS Evening News that rising unemployment is leading to more housing foreclosures. She said recent reports from foreclosure counselors indicate that 50 percent of the time job loss is the stated reason for mortgage delinquency.

CBS Evening News video, View