Foreclosure Mistakes Lenders Make and How to Protect Your Home: Interview with Katherine Porter

Foreclosures are on the rise, and lenders and loan servicers are making a lot of mistakes in the process. In many cases, the servicers don't have the right to foreclose on homes because they don't own the loans. But unless borrowers challenge their foreclosures in court, the servicers prevail. A Harvard graduate, and law professor at the University of Iowa, Katherine Porter joins us to talk about this dirty little secret of the lending industry.