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Originally aired June 5, 2013 on KVCR, a PBS Southern California affiliate television station.
As a follow-up to the 18 episode series on the mortgage crisis, host Roger Bowman brings in two experts to tell us where we are now with the housing situation in the Inland Empire.
Guest Alan Sims is an expert witness and forensic real estate appraiser who assists plaintiffs with legal actions against mortgage issuers. He is the author of the book Sue Your Bank (available on Amazon) and tells us how Wall Street is again manipulating the housing market. Alan also discusses the national settlements that are leading to the issuing of checks to those wrongfully treated during foreclosure proceedings.
Alan is joined by PhD candidate Isabelle Placentia who researches the impact of housing displacement on people’s well being, while also actively assisting home owners in applying for mortgage modifications. She shares stories of those who have gone through the trauma of foreclosure.