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HUD Secretary Donovan: 'We Need to Do More' to Help Homeowners

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Uploaded by on Feb 1, 2012

President Obama called the housing crisis "massive in size and scope" Wednesday as he described his latest proposal that would let homeowners with private mortgages refinance into government-backed loans. Judy Woodruff discusses the $5 billion to $10 billion plan with Secretary of Housing and Urban Development Shaun Donovan.

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