The Face Of Foreclosure: Help For Homeowners (CBS 2 Chicago)

The number of Americans facing foreclosure is dramatically higher from a year ago – 112 percent, according to research firm Realty Track. CBS 2's Anne State goes beyond the headlines for a closer look at the face of foreclosures in Chicago. more…

Former major league baseball player Jose Canseco said today he had lost his California mansion to foreclosure. You can't make this stuff up: Former major league baseball player Jose Canseco, said today he had lost his California mansion to foreclosure — one of the first celebrities to publicly admit being a statistic in the U.S. housing crisis, according to the Associated Press. … more…

Former baseball player Jose Canseco says he has lost his Encino mansion to foreclosure. The 43-year old told the celebrity TV show "Inside Edition" that it did not make financial sense to keep his 7,300 square-foot. more…

Tags: home equity loan, foreclosure