CNBC Publishes Op-Ed by BCC CEO Elyse Cherry, "The Only Way to Fix the Housing Crisis"

Friday, April 22, 2016

Last week, CNBC published an op-ed written by Elyse and entitled "The Only Way to Fix the Housing Crisis", calling for a Federal Housing Finance Agency program with a far broader reach than the recently-announced Principal Reduction Modification program:

"All underwater homeowners, regardless of mortgage size, should be able to access principal reduction, to bring their mortgages in line with the fair market value of their homes. Such a proven, commonsense solution would keep families in their homes, save taxpayers money and create real change in our economy— especially in low-income neighborhoods."

Read the article here.