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Economy: Mortgages / Foreclosures #854597

ABC Evening News for Tuesday, Mar 13, 2007
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(Studio: Charles Gibson) Statistics on subprime loans cited.

(New York: David Muir) The problems of mortgage foreclosures examined; RealtyTrac foreclosure statistics cited; details given about the economic fall resulting from risky loaning practices. [Credit Suisse Group housing analyst Ivy ZELMAN†- says "tomorrow has arrived."] [HOMEOWNER - reacts.] [RealtyTrac Rick SHARGA†- says 25-30 companies are going out of business.]

Reporter(s):
Gibson, Charles;
Muir, David
Duration:
00:02:00

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