Avoiding foreclosure: Tips from the government

Posted by: Peter Coy on April 22, 2009

The U.S. government has captured the cheesiness of YouTube quite well in a series of ten tips on how to avoid foreclosure. There’s the homely plant in the background. The hand-lettered signs. The speaker who conveys the impression that narrating PSA’s is probably not her day job.

Watch the whole series: You might even learn something!



BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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