This is likely my last show with NOW on PBS (the temp position is ending), but it's going to be a great one. "Help for Homeowners?" is a piece about the cost of foreclosed homes and properties on neighborhoods all around the country, and what some cities are doing to combat the problem by going to who they see as the source: the banks and mortgage companies, who initially made the high risk loans to people that may have qualified for fixed rate options.
In the piece, we discuss an interesting concept called "reverse redlining", which is the opposite of discrimination of certain areas for services. Some cities' lawsuits claim that banks and mortgage companies intentionally went into predominantly African-American and low-income areas, promoting their sub-prime loans, causing the mess by taking the short-term profit and passing the buck up the chain of command.
You'd be amazed at how much research and effort is put into every single line of a show. It's a fascinating process. More on this in my next entry...Posted by Amanda Cochran at February 6, 2009 1:43 PM | TrackBack