California Latinos: Paying the High Price of Foreclosure

Latinos and African Americans in California have experienced significantly higher foreclosure rates than non-Hispanic borrowers in the state, according to the Center of Responsible Lending. These communities represent more than half of all foreclosures, with 48% of foreclosures on Latinos and 8% on African Americans. The study analyzed more than 600,000 foreclosures. Tune in for this dialog with special guests: Paul Leonard, regional director for the Center for Responsible Lending; Gary Acosta, NAHREP co-founder and Rep. Loretta Sanchez (D-CA)