Homeowners seek help

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VAN NUYS - Retired cartoon animator Marcia Munn faces foreclosure on the Northridge home she has owned for 24 years, so three weeks after she voted for Barack Obama, she made a desperate public plea to the president-elect. Tony Castro in the Daily News.

"Please help me to keep my home," she begged in a tearful interview. "Please make these banks realize what is happening. They don't need to make as much money as they think they need to."

On Saturday, Munn, 61, was among hundreds of Los Angeles-area financially beleaguered homeowners who packed into Van Nuys City Hall in hopes of having IndyMac Federal Bank modify their mortgage loans to avoid foreclosure.

Munn has been so frustrated dealing with the bank that she hoped the nation's incoming president would hear the voices of people like herself who face losing their homes because banks won't modify loan terms.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on November 23, 2008 6:14 AM.

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