President Obama’s new foreclosure plan will assist a limited number of U.S. homeowners underwater, yet does nothing to address the six million borrowers who are behind on their payments or are in foreclosure. CNBC’s Diana Olick explains.Oct. 25, 2011
UP NEXT
Schools using government funding to install new ventilation for Covid-19
02:19
Librarian collects hundreds of items used as bookmarks over a decade
01:35
States along Colorado River face water cuts as megadrought intensifies
01:29
New signs Ukraine on the offensive after explosion in Crimea
01:39
Top Trump targets on the ballot in Wyoming, Alaska primaries
01:59
New York airports hit with heavy delays due to staffing issues