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Banks / Home Foreclosures #976921

CBS Evening News for Wednesday, Oct 20, 2010
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(Studio: Katie Couric) The record number of home foreclosures this year noted.

(Los Angeles: Bill Whitaker) The backlash against the banks due to home foreclosures examined; details given of questions about the bank paperwork, about bad loans in investor-owned securities and about multiple federal investigations into possible criminal activity. [Cook County, Illinois, Sheriff Thomas DART†- says the banks have to prove it is all legal.] [Californian Rene CEPEDA, foreclosure victim Nancy JACOBINI†, foreclosure attorney Dustin ZACKS†, securities analyst Richard BOVE†- complain about the foreclosure system.] [HUD Secretary Shaun DONOVAN†- comments on the review of banks.]

Reporter(s):
Couric, Katie;
Whitaker, Bill
Duration:
00:03:10

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