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Will $275B Homeowner Assistance Plan Stem the Foreclosure Crisis?

Will $275B Homeowner Assistance Plan Stem the Foreclosure Crisis?

President Obama has unveiled his first concrete plan to address the country’s dire housing crisis, a $275 billion measure that could help as many as nine million homeowners avoid foreclosure and reduce mortgage payments. Will it help those who need it? We speak to Josh Zinner of the New York-based Neighborhood Economic Development Advocacy Project. [includes rush transcript]

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