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The Sound of Ideas

Help for the Housing Market

Posted Tuesday, February 24, 2009

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President Obama recently unveiled his Homeowner Affordability and Stability Plan designed to stem the tide of foreclosures. Thousands in Northeast Ohio are in trouble. Who will this plan help? Mr. Obama says it's aimed at responsible homeowners, but some question whether the plan will also reward people who took on more home than they could handle. Guest host, Tamara Keith, who frequently covers business news for NPR in Washington, will be joined by housing and mortgage experts to examine the President's foreclosure prevention plan and how it matches up with the realities on the ground. Also new tax credits for home buyers and other efforts to get the housing market back on track.

Tags

Economy, Facing the Mortgage Crisis, Government/Politics, Other, Community/Human Interest, Housing/Real Estate

Guests

Guy Cecala, CEO & Publisher, Inside Mortgage Finance Publications
Bill Mahnic, Prof. of Banking and Finance, Case Western Reserve Univ. Weatherhead School of Management
Jim Rokakis, Cuyahoga County Treasurer
Kathleen Day, spokesperson, Center for Responsible Lending

Additional Information

More information
Mortgage help FAQ
Cuyahoga County Foreclosure Prevention Program
Summit County Foreclosure Prevention Partnership Program
ESOP foreclosure prevention information

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Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

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Funding for Ideas/Sound of Ideas comes from The George Gund Foundation, The Cleveland Foundation, Eaton Corporation Charitable Fund, the George W. Codrington Charitable Foundation and the Nord Family Foundation.