SOURCE: dewalt recip saw 307m no longer holds saw blade. I
I would go to Dewaltservicenet.com and type in your model number on the page and it should bring up a schematic that you can download and see where the part goes. Let me know if you have trouble finding it, if so I need the exact model number.
SOURCE: blade stuck in reciprocating saw
The pin is probably stuck in the blade. This happens from time to time after they get dirty. Take some WD-40 or some other type of penetrating oil and spray a little in the blade holder while working the release lever. It will probably free right up.
SOURCE: how to remove broken blade stub from cordless ryobi reciprocating saw
Try spraying the clamp assy with WD40 and then gently bang the front down against the work surface whilst holding open the clamp lever.
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