Mortgage madness. Millions of Americans still face foreclosure. But there’s no guarantee that the Mortgage Reform and Anti-predatory Lending act will make it through the senate. In fact, every proposal put forward thus far has hardly forced industry’s hand.

Writing in the Nation magazine, Kai Wright says that Obama’s plan doesn’t address the larger question: “can any solution work if it doesn’t strengthen the negotiating hand of overwhelmed borrowers? Like all previous initiatives, industry participation in the president’s plan is largely voluntary, if heavily subsidized.”

Today, we speak to Wright the author most recently of More Mortgage Madness in the The Nation Magazine, Sarah Ludwig Executive Director of the Neighborhood Economic Development Advocacy Project, Mark Winston Griffith Executive Director of the Drum Major Institute, and George Goehl Executive Director of National People’s Action.

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