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

Aired: 2/1/2012 | 0:09:03 | Clip
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.