Home Front: Sacramento-area renters suffer from foreclosures
Sacramento Bee (Free subscription) | 05/16/2008
The Mortgage Bankers Association says nearly one in five California homeowners who descend into foreclosure is an investor who typically doubles the trouble by displacing renters. Kyla Salazar-Thompson, in her Elk Grove rental home this week, will soon have to move, along with her fiancé, for the second time in six months because the home she is renting is being repossessed.
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