Help for the Housing Market

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.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