Homeowners are the latest casualties of the ongoing financial crisis and the government home loan modification program that was supposed to help them has not been successful. In this podcast from three students in NYC, they explore and explain the loan modification crisis through the experience of one home-owner, Marcia Jones who for the past three years has been trying to get a loan modification to save her home in Brooklyn.
Assia Boundaoui, Chao Li and Din Clarke are graduate students in the Studio 20 Program at New York University’s Arthur L. Carter Journalism Institute. This podcast is their first of a series of "explainer" podcasts.