About a month after taking office, President Barack Obama launched an effort to keep as many as 9 million homeowners out of foreclosure in a major federal effort to stabilize the U.S. housing market. What kind of impact has this plan, backed by $50 billion from the financial industry bailout fund, had on the housing crisis the past few months?
Take Action
- Thousands Flock to Cal Expo for Mortgage Help
- Bank of America Halts Foreclosures
- Top 10 Western Cities Where Homes Are Losing Most Value
- Local Home Buyers Finding Themselves Outbid
- Mortgage Rates Fall to New Low
- Schwarzenegger Signs Seven Mortgage Laws
- Free “Take Control” Workshop
- Watch FRONTLINE: Close to Home
- Watch FRONTLINE: The Warning
- CA Posts Third Highest Foreclosure Rate in August
© 2009 KVIE Facing the Mortgage Crisis
in Partnership with the CPB.
Mon, Aug 3, 2009
Crisis in the Valley