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Economy / Foreclosures #290383

CBS Evening News for Thursday, May 19, 1983
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(Studio) No. homes lost to foreclosure last year said highest since Great Depression.
REPORTER: Dan Rather

(Columbus, Ohio) Foreclosures on homes of Lawrence Story, Alonzo Stubbs, Tommy and Boyd Irby here examined; Ohio's unemployment rate and reality of economy recovery here discussed. [STUBBS, Boyd IRBY - comment on their economy situations.] [Sheriff's lieutenant Harry DAVEY - sees no recovery for region.] State legislature's efforts to create program to stave off foreclosures noted. [Cnty. recorder Benny BONANNO - wants breathing room.] States considering various forms of mortgage assistance indicated on map; Congress noted considering aid to some unemployed homeowners. Opposition to such programs by lenders outlined. [STUBBS - comments.]
REPORTER: Derrick Blakely

Blakely, Derrick;
Rather, Dan

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