President Obama announces his mortgage aid plan
In its latest effort to stem the financial crisis, the Obama administration announced the details of a $75 billion plan to help struggling homeowners.
The plan is more ambitious than initially expected - and more expensive. It aims to aid borrowers who owe more on their mortgages than their homes are currently worth, and borrowers who are on the verge of foreclosure.
Gallery
Create a More Connected Minnesota
MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.