The Hamilton Project at Brookings held a discussion on proposed policy responses to the mortgage-foreclosure problem which finds many families owing more on their mortgages than their homes are worth as they struggle to make ends meet. Former U.S. Treasury Secretary Robert E. Rubin gave welcoming remarks followed by former U.S. Treasury Secretary Lawrence H. Summers, who led Brookings Senior Fellow Douglas W. Elmendorf; NeighborWorks America CEO Kenneth D. Wade; Michigan Law School Professor Michael S. Barr and JPMorgan Chase Senior, Vice President Marguerite E. Sheehan in a discussion on the issue.
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