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Money Watch (Mortgage Relief Plan) #879765

CBS Evening News for Wednesday, Dec 05, 2007
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(Studio: Katie Couric) Treasury Department statistics on sub-prime mortgages that are expected to be reset cited.

(Studio: Anthony Mason) The administration's relief plan for mortgage holders who face foreclosure examined; details given about who will be covered by the mortgage rescue plan. [In Texas, homeowners Jerry and Mary DAVIS - react.] [On Monday, Secretary of Treasury Henry PAULSON†- says we must reach those struggling.] [Mortgage banker Mike McHUGH‡- wonders who will pay; predicts repercussions.]

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:02:10

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