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(Studio: Katie Couric) Mortgage Bankers Assn. and Federal Reserve statistics on foreclosures and home equity cited.
(Studio: Anthony Mason) The increase in home foreclosures featured; statistics on mortgage delinquency and zero or negative equity cited. [Minnesota state representative Jeremy KALIN- says real families are being devastated.] [Federal Reserve Board chairman Ben BERNANKE – says more can and should be done.] [White House press secretary Dana PERINO- says the taxpayer should be bailing out lenders or borrowers.] [Representative Barney FRANK- says the White House is inviting a longer and deeper recession.] [Brookings Institution Douglas ELMENDORF- explains the need for quick action.] A report finding the average family has more debt than home equity discussed.
- Couric, Katie;
- Mason, Anthony
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