Page 2 - Foreclosure Abuses News Today

Homeowners and people who had their homes foreclosed upon is that there is a deadline today for state officials to come forward for a huge settlement. a landmark settlement to address foreclosure abuses. theyre waiting for one more state thats holding out. california has returned to the negotiating table. and of course, the housing market has been really a steady stream in this economy story that we dont talk about enough. but it certainly could impact the race as it impacts the economy. >> in d...

States of america. and you have to move the electorate to come to you. ronald reagan was able to do that, bring reagan democrats in and others and he found areas of agreement and moved everything from there, forward, and he did not find areas of disagreement and he understood in campaigns people may not be honest about where you stand, he did not let that define his campaign. newt makes a big problem in letting those kind of things difficult -- difficult -- define his campaign. >>neil: and state...

All america who are dealing with these issues. my concern was that what the investigations that were under way while they were very important to focus on abuses in the foreclosure process, it is also important to get back to the conduct that blew up the economy. and my -- my concern always was we not release claims for the actual misconduct of robo sign sing bad, foreclosure abuses are bad. the housing bubble the crash, that brought down the american economy through millions of people out of wor...

Under water. their home is worth less than their mortgage. >> your house might be less than your loan but you are still paying your mortgage payments on time. it is obviously not a good situation to be in. many people are in this, however. as a result, state and federal officials are creating a plan that could help some of these so-called underwater boroughs, get refinancing assistance. normally, they are not able to refinance, because they lack equity in their home. this is the latest governmen...

Chris christie will hold that news conference, 150 -- 1:00 p.m. eastern time. keep it here on fox news channel. youll hear it here live. jenna: mortgage giant fannie mae was warned about foreclosure abuses, that so called robo signing back in 2003, but again, according to this report, did nothing to stop it. where does that leave us now thats a big question for you to answer today! >> its a huge question. for those who dont remember, robo signing means the banks were so overwhelmed with bad loan...