Monday, March 2, 2009

Should homeowners get a bailout?

"Ledeen Halloran and Harry Snegg live a few houses apart on Claiborne Drive in Long Beach. They both have good jobs, they both voted for John McCain - and they both have seen their home values fall more than 40 percent.

But when it comes to their views on mortgage relief, these two neighbors are on different sides of the street.

Halloran, 50, is a fan of President Barack Obama's new plan to stave off foreclosures and thinks it could provide the cushion she needs to stay in her home."

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Should homeowners get a bailout?

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