Wall Street Journal On Tenants Being Squeezed By Foreclosures

The Wall Street Journal recently reported:

• The mortgage mess is claiming a new group of victims: renters. Across the country, a rising number of landlords are falling behind on mortgage payments, sending their properties into foreclosure, according to legal-services attorneys, local officials and financial experts -- and in many cases, their tenants are being forced out of their homes. Often, the tenants' first inkling of trouble occurs when they get a letter from the bank directing them to leave the premises.

For more, see Mortgage Turmoil Hits Renters (Tenants Face Eviction When Their Buildings Go Into Foreclosure).

For other stories on tenants unknowingly renting homes in foreclosure, go here, or here, or here. equity skimming unwittingly delta