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60 minutes. Walking away /

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It's estimated that one million Americans walked away from homes 'underwater' or worth less than their mortgages even though they could afford the payments. Morley Safer reports on this trend, called strategic default, that threatens the economic recovery.

Bibliographic Details
Other Authors: Curran, Deirdre Naphin (Producer), Safer, Morley (Interviewer), Textor, Katy (Producer)
Format: Video
Language:English
Language Notes:In English.
Published: New York, NY : Columbia Broadcasting System, 2010.
Subjects:
Foreclosure > United States.
Home ownership > United States.
House buying > United States.
Internet videos.
Television news programs.
Online Access:Connect to this streaming video (Alexander Street Press)
Description
Summary:It's estimated that one million Americans walked away from homes 'underwater' or worth less than their mortgages even though they could afford the payments. Morley Safer reports on this trend, called strategic default, that threatens the economic recovery.
Item Description:Title from resource description page (viewed April 15, 2016).
Physical Description:1 online resource (13 minutes)
Playing Time:00:12:43