Search the Archive

Housing: Mortgage Crisis #898292

CBS Evening News for Thursday, Mar 06, 2008
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(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

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.