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WETA Nightly Business Report March 26, 2010

captioning sponsored by wpbt the big thing that has changed is that the government has realized what a deep hole the housing market is in. susie: with 15 million homeowners underwater on their mortgages, the obama administration is pledging more help for homeowners. will it help the housing recovery? we get some answers. you re watching nightly business report for friday, march 26. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. another fix-it plan from the white house today to end the housing foreclosure crisis. tom, this one proposes to reduce the principal on mortgages held by underwater homeowners. tom: susie, it s for people who owe banks more than the current value of their homes and it s similar to the bank of america plan we reported on earlier in the week. toda

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