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Foreclosure Crisis: Who's to Blame? Part 2

Yesterday on Morning Edition we got one perspective on who's to blame for the mortgage crisis. ideastream®'s Eric Wellman spoke with Attorney Frank Ford, who is a senior vice president at Neighborhood Progress Incorporated, a Cleveland non-profit. Ford made the case that the crisis is largely the fault of irresponsible lenders, not borrowers. Earlier this week nine lenders signed a non binding pact where they essentially agreed to do more to work with homeowners struggling to pay their mortgages. In part 2 of his conversation with Eric, Ford said he thinks that's a good start.

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