Record number of foreclosures spurns drive to suspend auctions in Philadelphia - 2004-02-07
With a record number of Philadelphia homeowners not capable of paying their mortgages, city officials, the sheriff and advocacy groups are trying to convince a judge to suspend the city's foreclosure auctions.

"This is the worst time for foreclosures basically since the Great Depression," said John Dodds, director of the Philadelphia Unemployment Project, the group leading the moratorium drive.
Read the full story at San Francisco Chronicle

Utah Legislators Unveil Measures to Protect Mortgage Borrowers - 2004-02-07
A string of mortgage industry scandals prompted legislators to propose several measures designed to protect Utah consumers who make one of the largest purchases of their lives.

Some legislators were motivated by the case of Household International, a lender ordered to pay $484 million, including $4.4 million in Utah, to settle claims it misrepresented loan terms. Others are outraged at crimes against borrowers committed by smaller mortgage companies.
Read the full story at Miami Herald