Join me on the next Foreclosure Fridays Live (June 29th) to discuss my trip, Foreclosure Book, etc! Start at 5PM PST (10AM Saturday in Australia).

Facing Foreclosure in The Economist and Scotsman Guide

FYI, if you missed it, my facing foreclosure story was mentioned in The Economist the other day:

Cracks in the façade
Mar 22nd 2007

America’s riskiest mortgages are crumbling. How far will the damage spread?

CASEY SERIN knows all about the excesses of America’s housing bubble. In 2006 the 24-year old web designer from Sacramento bought seven houses in five months. He lied about his income on “no document” loans and was not asked for anything so old-fashioned as a deposit. Today Mr Serin has debts of $2.2m. Three of his houses have been repossessed; others could share that fate. His website, Iamfacingforeclosure.com, has become a magnet for those whose mortgages are in trouble.

[Read More]

Also, my foreclosure story was mentioned in Scotsman Guide guide again (see first mention) :

From the Top: April

Could someone have stopped him?

“Well, the advice was already there,” Serin said to Tony Stasiek, Scotsman Guide’s editor, in late February. “All the seminars I went to and people I talked to said to take these investments one step at a time. I didn’t, and it was my own fault.”

Although Serin said numerous brokers questioned his “exit strategy” during his shopping spree, only once was he turned down for a loan — which occurred, he said, only after the lender discovered his blog.

[Read More]

Also, I will be a call-in guest on Suze Orman this Saturday, April 7th at 9pm and midnight ET.

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