Released: August 08, 2008

Foreclosure crisis catching renters off guard

Source: Dina ElBoghdady, Washington Post (Free Registration)

James Austin was stunned when a real estate agent showed up to snap photos of the house he was renting last year and casually informed him the place was in foreclosure.

Austin hastily found another house to rent in Bowie. But soon after he and his three teenage children settled in, that house went into foreclosure, too.

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