How does President Obama's housing plan help Bay Area homeowners in trouble? On the next Your Call we'll discuss the $75 billion national effort to forestall foreclosures. Obama's plan stands in stark contrast to the inaction of the Bush Administration to directly help homeowners in favor of the banks, but less than 10% of mortgages in the Bay Area qualify. 40% of foreclosures nationally are here in California. Does the only national program to turn back the tide stop at the Sierra Nevada? You can send us an email anytime to feedback@yourcallradio.org or join us live at 11 am. Did you find a way to save your house? It's Your Call with Rose Aguilar and you.
Guests:
John Eller in San Francisco
Head Organizer & Northern California Campaign Director for ACORN. The Association of Community Organizations for Reform Now is the nation's largest community organization of low- and moderate-income families working together for social justice and stronger communities.
Ginna Green in Oakland
Spokesperson for the California office of the Center for Responsible Lending. CRL is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by fighting abusive financial practices.
Click to Listen: What's in it for California?
Wednesday, March 11, 2009
Your Call 031209 What's in it for California?
Labels:
bailout,
financial markets,
housing,
mortgage crisis,
stimulus,
us economy
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