News Advisory from the California Reinvestment Coalition

Short Documentary Shows Foreclosure Crisis Affects All

SAN FRANCISCO, July 24 /PRNewswire-USNewswire/ -- The California Reinvestment
Coalition released today a short documentary about the foreclosure crisis that
continues to destroy the dreams of California families and threaten the
stability of small businesses, city governments and neighborhoods.

The documentary, entitled Mo' Money, Mo' Money, Mo' Money: How Greedy
Corporations Destroy the American Dream shows the crisis affects everyone. Mo'
Money tells the story of borrowers who were lied to and ignored by their
mortgage loan servicers, and the people who are working to keep them in their
homes. It also reveals how this disaster could have been avoided if regulators
and government officials did not ignore predatory lending practices.

"A conspiracy of greed in the mortgage industry and benign neglect by the
Federal Reserve has taken the homes of thousands of Californians and leaves
hundreds of thousands more at risk," says Alan Fisher, California Reinvestment
Coalition executive director. "Our documentary shows the need for stronger
legislation to protect consumers, and stricter regulation of the mortgage
lending industry."

To watch the documentary, visit www.calreinvest.org. If you would like to
embed the documentary on your website, you may use this code:

For more information and press inquiries contact Victoria Leon Guerrero at
(415) 864-3980 or victoria@calreinvest.org.

The California Reinvestment Coalition advocates for the right of low-income
communities and communities of color to have fair and equal access to banking
and other financial services. CRC has a membership of more than 250 nonprofit
organizations and public agencies across the State.

SOURCE California Reinvestment Coalition

Victoria Leon Guerrero of California Reinvestment Coalition, +1-415-864-3980,
Victoria@calreinvest.org