Congressional efforts to mitigate foreclosures
This month, the U.S. Congressional Oversight Panel released a new report that looks at how effective goverment efforts have been at stemming the tide of foreclosures. It questions whether the U.S. Treasury’s strategies will lead to permanent mortgage modifications for many homeowners, and expresses concern about the limited scope and scale of the Making Home Affordable program.
We talk with the chair of the panel, Elizabeth Warren, and Brian Murphy, who knows from first-hand experience the difficulties of modifying a home loan .
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!