HR 5818 not a stimulus package
Frank Alexander, a law professor at Emory University, describes that HR 5818 focuses on neighborhoods and the innocent victims of home foreclosures and vacancies, not on foreclosure prevention like the stimulus package under consideration in the Senate. (0:54)
May 22, 2008
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- Legislation would help save neighborhoods
- All things local, foreclosure crisis up close
- Robert Steel, Undersecretary of the Department of Treasury, speaks about the Bush Administration’s Plan to Slow Home Foreclosure at the Senate Committee on Banking, Housing and Urban Affairs
- David Crowe along with others discuss importance of housing stimulus
- Congressional committee stresses the importance of reducing foreclosures
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