Insight on Foreclosure Help For Home Owners
Financial Services Roundtable Scott Talbott
Updated: Monday, 29 Mar 2010, 9:48 AM EDT
Published : Monday, 29 Mar 2010, 9:40 AM EDT
The Obama administration announced plans Friday to reduce the amount some troubled borrowers owe on their home loans and give unemployed homeowners a temporary break.
Government officials cautioned that the plan won't stop all foreclosures or help all troubled homeowners.
Senior vice president for government affairs at the Financial Services Roundtable Scott Talbott joined us with insight.
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