LISTEN HERE: SoCal NPR – A PROPOSED SOLUTION

KVCR-FM created this NPR news spot pertaining to the Southern California mortgage crisis. Listen to the segment here (approximately 4 minutes).

Click the arrow below to play.

THE DE VOL HOUSING SOLUTION FROM THE MILKEN INSTITUTE
Anthea Raymond
Steve Ward
August 14th, 2009

The Director of Regional Economics for the Milken Institute, Ross De Vol, thinks his think tank has a solution to the worsening housing crisis. He tells Anthea Raymond about the Institute’s plan to stop “strategic” foreclosures by people who owe more than their homes are worth, especially in the Inland Empire where homes have lost so much of their value.

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