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Louisiana / Low-Int. Loans #265917

CBS Evening News for Wednesday, Aug 29, 1979
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(Studio) Report introduced
REPORTER: Roger Mudd

(Monroe, LA) Rush in Monroe, LA, at home loan ofcs. to take advantage of low interest rates on mortgages featured; films shown. [POLICE - warns crowd.] Limited number of loans available and number in crowd noted. [Applicant Brooke TAPPAN - relates experience.] Congress reported considering legislature to curtail loans such as these; details given. Steve and Ruthie Leon's wait cited as example [Steve LEON - says it's only way they can afford house ] Amt. Leon estimates saving noted.
REPORTER: Erik Engberg (KNOE-TV newstape)

Mudd, Roger

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