By Matthias B. Krause
Up to two million families in the U.S. will loose their homes to foreclosure in 2007. The worst housing crisis in decades hit especially hard in cities such as Columbus, Ohio. Rhonda Dutton and Jeremiah Baldwin fell victim to dubious mortgage practices and dishonest sellers. Meanwhile Ohio State Treasurer Richard Cordray and Bill Faith from the Coalition on Homelessness and Housing try to ease the damage of a ?Broken System.?
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- mbwkrause
- added this
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People must know! The is a problem all around the US. Hopefully this pod will help someone else.
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- AndrewMiami
- 2 years ago
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This is a great pod, great topic and very compelling. It is a sad situation when the American dream turns into a nightmare.
when you get at chance please check out my pod on a montage artist <a href="http://www.current.tv/watch/33069289?list=newVidsByProducer&filterone=163771.../a>
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interesting a bit long though
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This is a good pod. I greenlighted it.
Shouldn't these people be held a little bit responsible for making bad decisions? It would have been good to have someone on the mortgage side defending their practices or asking the subjects of the film "Where did you mess up?" or "Weren't you ultimately responsible for the papers you signed?" I just think it's too easy to just blame the faceless mortgage industry.
Overall though, excellent pod.
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really good.... maybe make it a bit shorter, still good,
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This is a great example of community journalism. The subject is a hot topic these days and I've seen similar stories on all the networks, but this one stands above for a couple of reasons. First, the two home-owner subjects are allowed to tell their stories in their own voices, rather than us getting the story from a reporter's voice over, then just getting a seven-second sound bite from the subjects. Good choice. Second, the "experts" brought in for clarity and comment were also given a little room to flesh out their thoughts and explanations.
I green lighted, but there are a couple of things that could help this become a more complete and polished story. First, it does need to be a little tighter. I know it's hard to whittle something like this down, but I think it could stand to be cut to about 5 or 6 minutes. Second, it would be really good to hear from some of these lending institutions, get their side. That's sort of the corner stone of balanced journalism. Even if all you get on tape is them shutting the camera out and refusing to answer questions, that tells a story in itself.
Good job!
CD
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- az_charlie
- 2 years ago
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GL--- Great story! Informative, and CURRENT! Should be on the air now.
Thanks,
JL-
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- devlomedia
- 2 years ago
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This is the most under-reported story in the country. All the major news organizations keep reporting the lenders point of view instead of the homeowner. It is a typical American tragedy ignored by most of America. God Bless this journalist!
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- liberalreligionguy
- 2 years ago
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We need specifics on why the US economy is on a dramatic and frightening decline. Many people make pods about the stock market and so forth, but not many explain why. If there's no why then we don't know what to change.
But thank you for being different. This story needs to be covered more, and should be on current.
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- everydayxangels
- 2 years ago
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And people want to outlaw guns
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i honestly empathize with these people but i do feel that people are responsible for what they sign their name to. i also purchased a house in 2002, but i informed myself about different types of loans. if there is one thing i that was very clear in there in a fixed rate loan and an adjustable rate. they both seem fairly clear to me. i chose the fixed rate loan. so in the five years i have been in my house, the minimum mortage payment has gone up about $200. this is called property taxes. and thanks to columbus public schools for taking our money and continuing to fail the majority of the students. but thats a whole other pod.




