Today in Arizona, President Obama unveiled his solution to the nation's home foreclosure crisis: a $75 billion mortgage relief plan to help up to 9 million borrowers suffering from falling home prices and unaffordable monthly payments.
The long-awaited foreclosure fix marks a sharp departure from the Bush administration's reliance on having servicers voluntarily modify troubled mortgages.
The Obama plan will make it easier for homeowners to afford their monthly payments, either by refinancing the mortgages or having their loans modified.
CNN’s John Lisk talks with Senior Political Correspondent Candy Crowley about the plan - who will be for it, who will be against it and why - in today’s Political Notebook.
Listen to her take: