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Economy: Housing Crisis / Mortgage Rescue Plan #934263

NBC Evening News for Wednesday, Feb 18, 2009
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(Studio: Brian Williams) Reports introduced.

(Mesa, Arizona: Chuck Todd) President Obama's mortgage rescue plan reviewed; details given of aid to homeowners with loans from Fannie Mae and Freddie Mac and those with high debt and of incentives for lenders. [In Arizona, OBAMA – states the plan will give families a chance to rebuild.] [CNBC’s Steve LIESMAN†- says it’s not a quick or general fix.] [Representative Marsha BLACKBURN†- says we need to make certain we don’t penalize those who played by the rules.]

(Merrick, New York: Mike Taibbi) Who the Obama plan will help examined. [Widow May Lynne DiLEO‡- reacts to the possibility of losing her home.] [OBAMA – says this plan will not save every home.] [Mortgage brokers Gene CHOI††, Richard BOCHNER‡- react to Obama’s plan.]

Reporter(s):
Williams, Brian;
Todd, Chuck;
Taibbi, Mike
Duration:
00:05:10

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