Takeout: more mortgage help on the way

The World

This week, possibly even as early as today, the U.S. Treasury Department will unveil a new $35 billion mortgage relief plan to stabilize the housing market. The money will go to state agencies, not directly to banks and homeowners. New York Times reporter Louise Story looks at who the funds will go to and who could reap the benefits.

Invest in independent global news

The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!