Putting a Face on the Pain of Foreclosure

November 2, 2009 by admin 

Lesa Ystad is losing her Bay View home.

She fell behind in the payments. Her utilities were shut off. She tried to stop the bleeding. She begged her bank for help. Nothing worked.

The single mother’s story is not unusual. If misery indeed loves company, she has plenty. In this gloomy economy, foreclosures are rampant. About 600 cases a month are being filed in Milwaukee County alone. Wisconsin set a record last year when 25,588 actions were started.

“I regret buying this house now, but I tried. It’s hard to wake up every morning and just, I don’t know,” said Lesa, her eyes filling with tears. “I just really love this house. It’s embarrassing. I think people see it as a character flaw.” Read more about foreclosure

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