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Would Obama's Refinancing Plan Boost Ailing Housing Market?

With millions of americans underwater on their mortgages and millions of homes facing foreclosure, president obama unveiled a revamped home loan refinancing program monday during a stop in nevada, which has the country's highest foreclosure rate. judy woodruff and guests examine the politics and s...

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Cbs news chief white house correspondent norah o'donnell on wednesday asked hud secretary shaun donovan how president obama's newly announced home refinance plan is different from other federal programs, and if congress will pass it.

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Consumer expert vera gibbons explains to chris wragge about conditions in the housing market for buyers and homeowners thinking about refinancing while interest rates are at incredible lows.

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