Bailout plan for homeowners

Foreclosed
The foreclosure crisis has led to a sharp increase in the number of abandoned buildings in the city of Minneapolis. The city's list of vacant and boarded properties has grown to over 800. City officials say monitoring and managing all these buildings is draining city resources.
MPR Photo/Brandt Williams

Obama announces his mortgage aid plan this week, but both homeowners and the markets are skeptical that the goverment's $50 billion proposal can slow the increasing rates of foreclosure.



Further resources and information:

Dear reader,

Your voice matters. And we want to hear it.

Will you help shape the future of Minnesota Public Radio by taking our short Listener Survey?

It only takes a few minutes, and your input helps us serve you better—whether it’s news, culture, or the conversations that matter most to Minnesotans.

Volume Button
Volume
Now Listening To Livestream
MPR News logo
On Air
Marketplace with Kai Ryssdal