Sarah Ludwig notes that the foreclosure fraud accusations rocking the nation's biggest banks are just a new round in the abuses that have been going on for years now.  "These practices are rancid and they go from the beginning stage all the way to foreclosure," she says, pointing out that in 27 states, lenders don't even have to go to court to file a foreclosure, making fraud even easier.

So what can we do? Ludwig, co-director of the Neighborhood Economic Development Advocacy Project, joins us in studio to break down the crisis for us, and to give some solid advice to those facing foreclosure: don't give up without a fight.