The Mortgage Mess: Unscrupulous Lenders, Unsuspecting Borrowers

Victims struggle to keep their homes after lenders leave them in financial jam.

ByABC News
January 8, 2009, 1:14 AM

Sept. 10, 2007 — -- Record foreclosures by homeowners. A growing number of lender bankruptcies. As the casualties from the mortgage mess multiply, so have the crackdowns against a loosely regulated mortgage industry.

"As we turn over the rocks, what we see are more and more appalling practices that have victimized people who literally have been left with their lives in tatters," said Richard Blumenthal, attorney general of Connecticut.