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Back to To the Point

To the Point

President Obama and the Home Mortgage Crisis

President Obama wants to stop foreclosures and slow the slide in home prices. Is that a good idea? Will $75 billion be enough to meet his objectives? Also, the nightmare in Detroit continues. On Reporter's Notebook, did Illinois' US Senator Roland Burris lie under oath?

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By Warren Olney • Feb 18, 2009 • 1h 0m Listen

President Obama wants $75 billion to help stop foreclosures and keep home prices from dropping further than they already have. How can homeowners qualify? Will the rescue plan be good for the economy? Also, the nightmare in Detroit continues. On Reporter's Notebook, the Chicago Tribune is calling for Roland Burris to resign from the US Senate. Minnesota still hasn't decided who won the November election.


Banner image: President Obama explains his plan to help homeowners and stabilize the housing market.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

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