Fraud and Foreclosure: Good Grief America! (Part 2 of 2)

This segment of On The Money with Peter Hebert features a two part exclusive interview with Nancie Koerber, the founder of Good Grief America. Koerber is a seasoned real estate broker in Oregon, and like many in the industry, is appalled with the rampant incompetence of real estate brokers and the fraud of lenders. According to her website http://goodgriefamerica.ning.com, Everyday in America:

• 8,500 homes are placed in foreclosure
• Americans lose 13 million dollars in equity
• Wall Street bankers earn 16 million plus 2 million in bonuses 

Anyone with an interest in the numbers, the regulations, and the people side of the story of this corporate driven insult on America will learn something new.