A report from a consumer group released today says that vulnerable owners are losing their homes for owing as little as $400 in back taxes.
The AP reports:
"Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the National Consumer Law Center said in a report being released Tuesday.
Today at All Things Considered, we continue a project we're calling NewsPoet. Each month, we bring in a poet to spend time in the newsroom — and at the end of the day, to compose a poem reflecting on the day's stories.
This Thursday, Penn State University will release an independent report on the sex-abuse scandal that has rocked the institution and its football program.
After allegations of child abuse surfaced against Jerry Sandusky, the university appointed Judge Louis Freeh to look into how the university handled the case. The university and its leaders including former legendary football coach Joe Paterno have been criticized for what has been characterized as slow action.