Eviction Day: Foreclosure Crisis Forces Man From Home
In the third quarter of 2008, more than 700,000 Americans faced foreclosure -- a new and troubling record. While mortgage giants Fannie Mae and Freddie Mac announced last month they would temporarily halt foreclosures and evictions from Thanksgiving to Jan. 9, the moratorium is likely to affect only a small percentage of homeowners. On a cold December morning, ANP witnessed an increasingly common, but rarely documented, tragedy: someone being evicted from his home.
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