California Tenants Displaced by ForeclosuresDean Prestonbyline‚ Nov. 27‚ 2007“A foreclosure doesn’t differentiate between a homeowner and a renter residing in a defaulting property,” said U.S. Senator Chris Dodd in a recent statement supporting protections for residents of foreclosed property. This is an important recognition of the fact that both defaulting homeowners and tenants are impacted by foreclosure. It is time for California’s policymakers and media to acknowledge and address the impact of the mortgage crisis on California’s tenants. |