The nationwide mortgage and foreclosure crisis continues to haunt many Americans. Those who bought at the peak of the housing boom now find their properties are overvalued relative to demand, and government help remains uncertain. Older homeowners particularly struggle; they may simply not have enough time to sell and downsize, or if they do, to continue working while paying into a new mortgage. Add to this the dangers of predatory lending, subprime loans and foreclosure, and some older Americans face moving in with relatives or other difficult solutions.

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AARP Public Policy Institute's Lori Trawinski is an expert in housing issues. She visits Prime Time Radio to discuss the future of homeownership for older mortgagees.