Foreclosure Abuses News Today

Well check in with you again. thanks so much. meanwhile, 27 minutes before the top of the hour. ill take my own shot, alisyn. senate majority leader harry reid joining a chorus of democrats for eric holder to step aside because of a fast & furious scandal last night. he said he still has full confidence in him. nancy pelosi and debbie wasserman-schultz backs holder. >> new figures show foreclosure activity shot up last month in 26 states as banks tackled a backlog of homes with unpaid mortgages....

The february jobs report is due out this morning and it will be watched closely by wall street and main street. more than 200,000 financially strapped households will see their mortgages reduced thanks to a side deal bank of america has struck with the government as part of its settlement over alleged foreclosure abuses. coach added 5% on upbeat sales report. slow growth in february is eating into mcdonalds bottom line. shares dipped 3%. rare earth miner molycorp is buying canadas neo material...

Or they have depressed value of the property. good risk, hardworking citizens. they would tap in the program immediately. >> critics say the plan has deep flaws. it would be paid for by adding a fee to monthly mortgage payment and adding tax on large banks whichropes long opposed. >> the banks as you know are struggling. they are trying to figure out what dodd-frank means to them. they areing asked to come up with $5 billion to $10 billion to help subsidize the program. you to wonder whether rea...

Office. hes using millions of dollars meant for victims of foreclosure abuses to help balance his states budget. honest broker, what do you think? wisconsins total share of the $26 billion national settlement with the banks is $140 million. 31.6 million goes directly to the state government. walker is putting $25.6 million of that money toward fixing his budget shortfall. what scott walker is doing, i think is outrageous. he gave businesses last year a $117 million tax break while forcing teache...

Or they have depressed value of the property. good risk, hardworking citizens. they would tap in the program immediately. >> critics say the plan has deep flaws. it would be paid for by adding a fee to monthly mortgage payment and adding tax on large banks whichropes long opposed. >> the banks as you know are struggling. they are trying to figure out what dodd-frank means to them. they areing asked to come up with $5 billion to $10 billion to help subsidize the program. you to wonder whether rea...

Reviews for the administrations $25 billion settlement for alleged foreclosure abuses. mr. secretary, thank you for joining me, i want to point out that some of the critics are saying that people will get $2,000 when they are soç underwater and they have lost so much. and that this will not of course, effect fannie mae, freddie may, how do you help those that are outside the circle of the settlement? >> andrea, first of all, just specifically on the question of the $2,000, i am glad you asked ...

[ engine revving ] the all-new 2013 lexus gs. theres no going back. five major banks will have to pay $26 billion to settle federal and state investigations of alleged foreclosure abuses. ally financial, bank of america, citigroup, jpmorgan and wells

A couple minutes away from the opening bell. time for the market rundown. cnbcs mandy drury is here. what do you have for me? >> lots of things going on. before the break you were talking about the report that states have reached a deal with banks on so-called foreclosure abuses. it could lead to more than 2 million homeowners getting relief from a number of the biggest banks in the u.s. were expecting some broad settlement announced today. the president, of course, is is it going to work? will ...

the outside world with william cohen. it is a new day hopefully a far safer one for sunlts at a los angeles school at the center of a shobi ishocking child abu n scandal. they were greeted with an entirely new staff. the whole staff was replaced after the arrest of at least two teachers accused of committing lewd acts with students. eight alleged victims are expected to announce the first lawsuits in that case. president obama is letsing states off the hook when it comes to the no ...

>> bret: labor department officials say the number of available jobs in the u.s. jumped to a three-year high in december. stockstocks were up today. dow added three to close at the highest point since may of 2008. s&p 500 gained three and nasdaq closed two ahead. california and new york are said to move closer to signing on to settlement over foreclosure abuses. the deal would force the five largest mortgage lenders to reduce loans for a million households. so far, more than 40 states have agree...