Five Million Homeowners Face Foreclosure
3,290 views · Published 24 April 2008 · 3:11 · Indexed 22 September 2026
Channel: Voice of America · 2008 · News & Politics
Millions of Americans could lose their homes this year and next as the rate of foreclosures across the United States rises to the highest in decades. The foreclosure crisis has worsened despite ongoing efforts by some lenders and the government to help borrowers manage their mortgage payments. VOA's Chris Simkins reports on how one homeowner in the southern US state of Virginia is fighting to keep his home