Obama: Mortgage Plan Will Prevent “Even Greater Havoc”

The president lays out $75 billion plan in Mesa, Arizona Wednesday to help millions of struggling homeowners refinance, restructure their mortgages. "It will not be easy. But if we move forward with purpose and resolve...then I am confident we will overcome this crisis..." Read full remarks here. Plus: WSJ reports administration may use “well-known celebrities” to market the multi-billion dollar plan to the public.