'Short Payoffs' Help Ohioans Keep Homes

by Mhari Saito, NPR

In Ohio, foreclosure rescue funds were intended to help borrowers become "current" on mortgage payments. Now the funds are being coupled with whatever some mortgage holders can afford to complete a buyout of their loan obligations — sometimes for as little as 10 cents on the dollar. Mhari Saito reports for WCPN.

Broadcast Dates

• All Things Considered, August 14, 2009