Reviving the housing market

HUD Secretary Steve Preston
U.S. Housing and Urban Development Secretary Steve Preston speaks during the 2008 Capital Conference hosted by Sen. Wayne Allard (R-CO) in the Dirksen Senate Office Building June 13, 2008 in Washington, DC. Preston replaced former HUD Secretary Alphonso Jackson and has been on the job since June 6.
Photo by Chip Somodevilla/Getty Images

Housing and Urban Development Secretary Steve Preston updates government efforts to revive the housing market in a National Press Club luncheon address.