In an email from Germany this week, reporter Stefan Wagner says he is coming to Northern California in about 10 days to do a magazine story "on the effects of the financial crisis on Californians." He has done some preliminary research and found that Merced has the state's highest foreclosure rate - and would like to interview people in the foreclosure belt (my description) who are in process of losing their homes.
I promised to post the request here. "Focus" is one of Germany's leading magazines. If you'd like to tell your story to people in Europe contact Wagner at firstname.lastname@example.org. Or if you have ideas for him I am sure he'd appreciate those too.
As many of you know, the problems that Californians have had paying their housing boom mortgages has weakened many of the international financial institutions who bought those mortgages as investors. I have a sense that might be part of the reason for German interest. Their banks are taking a pounding because they invested in mortgage-backed securities, many tied to foreclosed homes in California.
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