The Real Deal Miami

Taxpayers pissed off about footing bill for foreclosure plan, analyst says

February 24, 2009 11:46AM

MSNBC talks to real estate analyst Danielle Babb about the growing outrage among taxpayers who will be paying for the foreclosure plan and explains that the plan won’t provide enough funding for every homeowner who is underwater on his or her mortgage. But, Babb said, declining prices have led to a recent increase in home sales.