Foreclosure Mess News Today

4 out every 10 in the country, more than twice what a lender of its size should have produced according to john taylor, ceo of a consumer rights group focusing on big banks. >> they were going to foreclose on as many peel as they could because that was the business model. theyd make a fortune. >> mnuchin sold one west to cit group for more than twice what he paid for it. he became vice chairman of cit chin hearted the foreclosure mess. dozens of lawsuits and a federal investigation would follow....

Leadership, 16,000 reversed mortgage foreclosures were carried out by one west and its subsidia subsidiary, fipgs freedom. 4 out every 10 in the country, more than twice what a lender of its size should have produced according to john taylor, ceo of a consumer rights group focusing on big banks. >> they were going to foreclose on as many peel as they could because that was the business model. theyd make a fortune. >> mnuchin sold one west to cit group for more than twice what he paid for it. he ...

Foreclosure mess. you have to phase out over ten years. >> gary b., were talking about a trillion dollars in tax hike snz. >> brenda, its astronomical. i dont see just to talk to jonas for a second, why we cant cut spending and cut revenues. thats another way to get around this arrhythmia -- this equat n equation. i zrach my scratch my said. is there some evidence that giving more money to the government is effective? do we have some evidence that the government is somehow efficient? we just spe...

Panel, "wall street journal" columnist simon kohn stabl and fox business networks stu varney. what we said in the tauz wasnt exactly right. we said that president obama said we righted the howing ship and he hasnt said that. he said its still a big challenge, housing is still a huge drag on the economy and these numbers bear that out. >> and its going to be an even worse drag on the economy. weve just had the settlements by the banks of the foreclosure mess so now weve clarified the procedures t...

Thats why you saw the president talk about it last night. our economy is going to have an increased -- is recovering, but it needs to -- in order for it to recover more rapidly, the housing market needs to recover. because as any economist will tell you, its the housing market thats going to lead us out of where we are. and we cant do it as rapidly as we need until we get the foreclosure mess dealt with. and the reality, alex is, and youve covered this, is that the foreclosure crisis does not ne...

Well, theres new movement today on the foreclosure mess. wisconsin congresswoman tammy baldwin is introducing a congressional resolution, calling on the obama administration and state attorneys general to investigate the banks, which is different from settling with the banks, i might add, to investigate the banks over their so-called robo signing scandal. state attorneys general and the obama administration have been negotiating with the banks over a settlement. bear in mind, there never has bee...

Most important thing it is the base of the democratic party, people who are suffering. and what the strip is about is to raise fundraising where he it ises with people raising $38,000. i dont if he has talked to a real america if a long time. he goes out and does the programs which seem to keep doubling down, good thing he is in las vegas. no one believes the government is competent to do this foreclosure mess, fannie mae and freddie mac are incompetent. >>neil: but you have to be current. so, i...

First brought to our attention by our friends. the housing crisis continuing to remake our country with 2011 expected to see a new record number of foreclosures and this week "the dylan ratigan show" along with the "huffington post" are launching a new series were calling no way to live and we start today with how it all began. the current crisis has its roots in the great depression. last time housing prices collapsed and foreclosures lit terrified landscape. president roosevelt under the new d...

At north portico at the white house where chinas president hu jintao has just arrived for a state dinner. obviously, flanked by the president and mrs. obama. as they head in for a state dinner. controversial state dinner, because this is the 2009 nobel peace prize winner honoring the president of the country that now holds the 2010 nobel peace prize winner prison. that is the scene live from the north portico of the white house, as of this moment. one of the countrys top banking regulators wants...

>> s.t.a.r.t. is a go. >> our christmas miracle has arrived. >> and the 9/11 bill goes through with unanimous consent but not without concessions. >> this is $4.3 billion better than nothing. >> not without the republicans trying to say they were for it before and after they were against it. >> there was never any doubt about supporting the first responders. >> the 111th congress, the first two years of the obama administration, red states pick up seats in congress, blue states lose them. but th...