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Economy / Home Foreclosures #289768

CBS Evening News for Sunday, Apr 17, 1983
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(Studio) No. Americans thought in immediate danger of having homes foreclosed noted.
REPORTER: Morton Dean

(Pittsburgh, Pennsylvania) Program here to help people such as Denise Estep save home from foreclosure examined. [ESTEP - describes situation.] [Action Hsing. spokesperson Jonathan ZIMMER - notes limited aid of mortgage foreclosure prevention fund.] Proposals of Governor Richard Thornburgh for unemployed noted. [THORNBURGH - wants to capitalize on lottery fund surplus.] [State House speaker K. Leroy IRVIS - opposes idea.] Legis. said approving lottery to help elderly only; details given. [State representative Allen KUKOVICH - notes broader implications of plan.] Call for comprehensive overall policy cited. [Representative Henry GONZALEZ - notes lack of support from administration] Mortgage Bankers Association `s reaction to proposed legislature explained. [Association spokesperson Thomas HARTER - believes problem will decline with time.] [Action Hsing. spokesperson Frank DEMES - notes feeling of futility among unemployed.] [Betty DERAMO - doesn't foresee help.]
REPORTER: Chris Kelley

Reporter(s):
Dean, Morton;
Kelley, Chris
Duration:
00:05:00

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