The foreclosure crisis has led to a sharp increase in the number of abandoned buildings in the city of Minneapolis. The city's list of vacant and boarded properties has grown to over 800. City officials say monitoring and managing all these buildings is draining city resources. (MPR Photo/Brandt Williams)
Audio
- Bailout plan for homeowners (program audio)
Bailout
Coverage of the federal government's bailout of the financial industry.Bailout
Bailout plan for homeowners
Broadcast: Midmorning, 02/18/2009, 9:06 a.m.
St. Paul, Minn. — Obama announces his mortgage aid plan this week, but both homeowners and the markets are skeptical that the goverment's $50 billion proposal can slow the increasing rates of foreclosure.
Further resources and information:
- Fannie Mae -What to do if you're falling behind in your mortgage
- Searchable list of HUD-approved housing counseling agencies by state
- HUD foreclosure timeline
- Fannie Mae - Avoiding foreclosure scams
- Minnesote Home Ownership Center
- Glossary of foreclosure terms
- NeighborWorks America
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