Trying to Stabilize the Housing Crisis

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Fifteen million Americans are “underwater,” meaning they owe more on their mortgages than their homes are worth. The Obama Administration has $75 billion for a program called Making Home Affordable, but there’s widespread agreement that it’s a failure that could be making things worse.

Credits

Guests:
Peter Goodman - New York Times / International Business Times - @petersgoodman, Marlene - California homeowner, Mark Zandi - Moody's Analytics - @dismalscientist, Kent Smetters - Professor of Insurance and Risk Management, University of Pennsylvania's Wharton School of Business

Host:
Warren Olney

Producers:
Christian Bordal, Andrea Brody