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Transcripts For WETA Nightly Business Report 20100324

captioning sponsored by wpbt susie: bank of america is taking a new direction when it comes to foreclosure prevention; it s cutting the principal on some troubled loans. tom: but it s doing so under pressure. we talk with the attorney general pushing b. of a. to help more homeowners. you re watching nightly business report for wednesday, march 24. 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. welcome relief today for some people who can t make their mortgage payments if it s with bank of america. tom, under pressure from state attorneys general, the bank agreed to forgive as much as 30% of the loan principal. today s announcement comes as part of a settlement with the state of massachusetts. tom: susie, lots of strings attached to qualify. for one thing, the relief is

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