Foreclosing On News Today

Track on the mining industry. The founder and chairman of one of the Worlds Largest Mining Companies Vedanta Resources willjoin us. Well get his thoughts on the Trump Presidency, and likely drivers for Commodity Prices this year. And we also want to know your thoughts are you optimistic or pessimistic about the new leader of the free worlds economic plans . Will it be a trumpjump or a bump . Just use the hashtag bbcbizlive. Or 0rdump or dump welcome to the programme. Lots going on, weve got that...

Agriculture and veterans affair. then looking at the list of billionaires on the cabinet picks thus far. look at them all. four of them all. if youre not a billionaire, youre at least a millionaire in the trump cabinet. here is the list of millionaires. so what problems does this amount of wealth pose in the conf confirmation hearings? >> gives democrats an ton opportunity to make a lot of noise. treasury secretary nominee steve mnuchin took over indie mack bank and will be accused by elizabeth ...

Agriculture and veterans affair. then looking at the list of billionaires on the cabinet picks thus far. look at them all. four of them all. if youre not a billionaire, youre at least a millionaire in the trump cabinet. here is the list of millionaires. so what problems does this amount of wealth pose in the conf confirmation hearings? >> gives democrats an ton opportunity to make a lot of noise. treasury secretary nominee steve mnuchin took over indie mack bank and will be accused by elizabeth ...

Foreclosing on 36,000 mortgages. the bank later flipped for hundreds of millions in profits. wound up needing a $2.2 billion government bailout and failed wiping out taxpayer money. somebody facing a rough, rough confirmation fight. >> margaret, even before then. just look at the background of mnuchin and ross. look at, a wall street -- just interrupting myself quick. down to charlotte. this is, i think, the lawyer representing keith lamont scott, following the announcement from the district att...

I mean, the idea that you couldnt prosecute. i could give you case after case where they could have prosecuted, they could have convicted. they dont do it. >> why? >> they just refused to. well, the department of justice and lane any brewer who i liked and ive known for years were afraid to lose. that was kind of their trepidation about all of this. because clearly there were numerous people, numerous people in the banks who were foreclosing on, for instance, people who were in iraq. well, thats...

Loan applications and u.s. attorneys are picking up the low-hanging fruit. i mean, the idea that you couldnt prosecute. i could give you case after case where they could have prosecuted, they could have convicted. they dont do it. >> why? >> they just refused to. well, the department of justice and lane any brewer who i liked and ive known for years were afraid to lose. that was kind of their trepidation about all of this. because clearly there were numerous people, numerous people in the banks ...

To 16 percent. joining us now live, jenna lee from the fox business network. all right, whats behind this increase, jenna? >> reporter: a major part of this, jon, is timing. we have seen more banks come collecting on homes that theyre foreclosing on and also sell those homes in the last three-months than any time in the last five years that realty track has started to collect this data, so there are two things happening, one is the homes that received a moratorium or a research -- temporary brea...

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They were foreclosing on. sound familiar? also with us from his hometown in chicago, cook county sheriff thomas dart, who is refusing to enforce eviction orders on homes foreclosed on by the biggest mortgage lenders. sheriff dart also running for mayor of chicago. nice to see you, sheriff. judge shack, i will begin with you. why are you the rarity right now and the aggression that you are showing in processing this? >> i dont like the word aggression. im not the rarity. im trying to do justice, ...