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Obama / State of the Union / Housing Mortgages #1012750

CNN Evening News for Wednesday, Jan 25, 2012
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(Studio: Anderson Cooper) What President Obama said last night in his State of the Union address about housing mortgages; details given about how this is a repeat of earlier proposals about home mortgages in 2009. [OBAMA - promises to set up a unit to investigate risky mortgages; outlines a plan that gives a homeowner a chance to refinance at low rates without red tape.] [In 2009, Attorney General Eric HOLDER - announces a fraud task force to strengthen and prosecute financial crimes.

(Chandler, Arizona: Jessica Yellin) How this plan is an attempt to appease criticism about the administration's handling of mortgage fraud and the role of Eric Schneiderman in pushing for prosecution outlined.

Cooper, Anderson;
Yellin, Jessica

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