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Will The FDIC Chief's Anti-Foreclosure Plan Work?

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Will The FDIC Chief's Anti-Foreclosure Plan Work?

Economy

Will The FDIC Chief's Anti-Foreclosure Plan Work?

Will The FDIC Chief's Anti-Foreclosure Plan Work?

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  • <iframe src="https://www.npr.org/player/embed/96087210/96087197" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The head of the FDIC has detailed a plan to provide relief to struggling homeowners. Does the proposal have what it takes to rescue thousands of families from defaulting on their home loans? Vikas Bajaj of The New York Times helps analyze a plan to avoid defaults on mortgages.