Housing crisis presents an opportunity, Corcoran says

Barbara Corcoran and CNBC’s Dylan Radigan appeared on NBC’s Today show to discuss the possible effectiveness of President Barack Obama’s housing plan. Corcoran said that homeowners who are now in danger of foreclosure made the best decisions they could at the time they bought their homes, and refusing to help them now is an unnecessary punishment. She also said the housing crisis presents an opportunity to fix the country’s housing system.