Obama Announces More Help for Homeowners

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President Obama today announced a $1.5 billion program to help struggling homeowners stay in their homes. The program targets five states: Nevada, California, Arizona, Florida and Michigan. David Abromowitz, senior fellow at American Progress, focusing on housing policy, has more on the plan that targets the unemployed and those facing foreclosure and home price declines.

Credits

Guest:
David Abromowitz - Senior Fellow, Center for American Progress

Host:
Chery Glaser

Producers:
Christian Bordal, Sonya Geis, Frances Anderton