"Foreclosed": The mortgage crisis hits home in timely KCPT special

KCPT had been working for months on a special about the real estate meltdown and how it was affecting local homeowners. But for better or worse, the public TV station's timing couldn't have been better. With the problems befalling three huge financial institutions this week, "Foreclosed in Kansas City" hits home (so to speak) with particular impact right now.

The one-hour program airing at 7 p.m. tonight on KCPT, will localize the nationwide subprime lending crisis and offer advice to homeowners caught in the credit squeeze. Above is a preview courtesy of LINC, the Local Investment Commission, with which KCPT worked closely on the program.

KCPT's Nick Haines will be host of the live program, which will focus on the estimated 25,000 area homes that have foreclosed since 2006. Working closely with the Local Investment Commission, KCPT has assembled a panel of authorities on foreclosure and real estate.

A phone bank will operate during and after the program to take calls from viewers wanting help. Calls will be anonymous, which Haines said should encourage homeowners who have been afraid to ask for help. "No one will call them back," Haines said. "The shame, the stigma is taken away from them."

Comments

[Richard Miller]

Interesting program. It was helpful to see the focus.