A new report shows a dramatic trend in homelessness: increasing numbers of former homeowners left with nowhere to live after foreclosure are turning to homeless shelters.
Shelters across the country are reporting that a significant portion of their clientele consists of foreclosed former homeowners.
"Growing numbers of Americans who have lost houses to foreclosure are landing in homeless shelters, according to social service groups and a recent report by a coalition of housing advocates. Only three years ago, foreclosure was rarely a factor in how people became homeless. Most people who become homeless because of foreclosure had been low-income renters whose landlords stopped making their mortgage payments...but in recent months, there has been a visible increase in the number of former homeowners showing up in shelters."
FULL STORY: Foreclosures Force Ex-Homeowners to Turn to Shelters
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