Marketplace's David Brancaccio Interviews Elyse Cherry

Wednesday, June 3, 2015

This week, David Brancaccio, host of American Public Radio's program "Marketplace", called BCC CEO Elyse Cherry to talk about the recent Supreme Court decision to hold homeowners responsible for second mortgages in the case of bankruptcy, even if those homeowners owe more on the property than its current market value.

Cherry says, "We are in the midst of an economic recovery that is not 'trickling down' to lower income borrowers who are still underwater on their mortgages."

Listen to the "Marketplace" podcast here.