| 27 June 2009
According to industry experts, one in 10 Connecticut homeowners is behind on mortgage payments or in foreclosure. Facing the Mortgage Crisis Town Meeting, airing live on Tuesday June 23 at 8 p.m. on CPTV, will provide information and resources to help individuals facing foreclosure. The program will be simulcast live on WNPR and streamed at www.cptv.org and www.wnpr.org.
Facing the Mortgage Crisis Town Meeting is a CPTV production in partnership with the presenting sponsor, Webster Bank, and the Corporation for Public Broadcasting (CPB) with in-kind support from United Way 2-1-1. Facing the Mortgage Crisis is part of CPB's Public Service Media Economic Response Initiative.
Journalist Steve Kotchko of CPTV's On the Record will host the town meeting, which will feature experts from local and state agencies assisting homeowners in financial peril and representatives from the mortgage industry.
Viewers will hear from struggling homeowners who are attending the town meeting to speak out about subprime loans that almost forced their homes into foreclosure. Bridgeport homeowner Horace Bryan will give a firsthand account of how home ownership can turn into a nightmare when subprime loans are involved. Others will address the desperation of unemployed homeowners, no longer able to make mortgage payments and now reaching out for help.
Visit CPTV Facing the Mortgage Crisis Website