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Economy: Foreclosures #1029305

CBS Evening News for Thursday, Aug 16, 2012
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(Studio: Bob Schieffer) The rise in new building permits cited. NOTE: Local weather bulletin on screen.

(Nelsonville, Ohio: Barry Petersen) The tough rules of the USDA mortgage program featured; details given about the difficulty for borrowers to get help from the USDA. [Homeowner Charlie WARD††- says his finances disappeared due to his wife’s medical bills.] [Legal aid attorney Carlie BOOS††- notes under federal statutes the USDA is not allowed to do anything once a foreclosure has started.] [USDA mortgage program administrator Tammy TREVINO††- says we’ve been told by the Inspector General that we need to do this.]

Schieffer, Bob;
Petersen, Barry

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