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Castro And Patrick Spar Over Immigration
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How Safe Is Your Food?
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Council Votes For Horse-Drawn Carriages
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Fixing Nevada's Mental Health System
UNR President Seeks To Restore Funding
The Brass Tacks Of The Education Initiative

The President's New Mortgage Plan
The President's New Mortgage Plan

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AIR DATE: February 6, 2012

On Wednesday, President Obama launched a new plan to cut through red tape and encourage banks to refinance mortgages that are under water. It would, on average, free up $3,000 to each family with a mortgage. But how practical is that? Will the banks want to lend on properties that are 50% below their buying prices? And why would they voluntarily lower the interest rates they're charging?

GUEST
Brian Deese, Deputy Dir, Natl Economic Council


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