Foreclosure Numbers News Today

Safer investment. >> the idea was that all this was diversified in 100 different ways. everybody had little, little pieces of it, and therefore if one of the little pieces went down, the other piece wouldnt go down. but that was the fallacy of the whole scheme. >> from main street to wall street, todays foreclosure numbers are foreboding. >> theyre rising so fast that they could soon involve one in 100 american homes. >> the fact that millions of americans were getting mortgages that they should...

Pieces of it. therefore, if one of the pieces went down, the other piece wouldnt go down. that was the fallacy of the whole scheme. >> todays foreclosure numbers are foreboding. >> they could soon involve 1 in 100 american homes. >> the fact millions of americans were getting mortgages they shouldnt have had. thats an isolated virus. but wall street, wall street sent the virus all around the world. capital one and hotels.com are giving venture cardholders 10 miles on every dollar they spend at t...

Other piecen wouldnt go down. that was the fallacy of the whole scheme. >> from main street to wall street, the foreclosure numbers are foreboding. >> theorizing so fast they could soon involve 1 in 100 american homes. >> the fact that millions of americans were getting mortgages thigh they should never have had is kind of an isolated virus, but wall street, whoo, wall street sent the virus all around the world. capital one and hotels.com are giving venture cardholders 10 miles on every dollar t...

Where stocks close mostly lower on thursday. the s&p 500 slipping from its record as best buy fell sharply and wall street considered results from goldman sachs and citigroup, geoff cutmore live in london with other headlines. this is decent news about foreclosures, geoff. >> they say the shadow from the foreclosure crisis is shrinking and for 2013, we have the best foreclosure numbers in the last six years, i.e. significantly lower. the worst year for foreclosures was 2010. the latest numbers a...

Hovering near record highs. dow up almost 20 points since the start of the year, by the way, the dow, nasdaq and s&p 500 are up between 13% and 15%. thats very impressive. another good economic indicator, first time unemployment claims fell last week to the lowest level in five years. very good indicator indeed. also, the number of homes that foreclosed last month hit a six-year low. reality track reports foreclosures were down a whopping 23% compared to last april. were seeing this decline beca...

At the lowest total since july 2007. its also 7% less than augusts rate and down 16% from september 2011. all that together means realty trac at least says we are past the worst of the foreclosure crisis. before we get excited, though, one caveat. and that is it is taking longer to foreclose. the process is getting longer. which automatically reduces the foreclosure numbers. so where he have to be careful with this one. >> mandy drury, thank you. employees sometimes really do say the darnedest...

Unemployment benefits are 21 million versus 77 billion in the year 2009. we are talking about a percentage. cost of the living is relative to your income. whether you are laid off of a $30,000 or a million dollar a year job. cost of living is relative. you can see it in foreclosure numbers. >> and doesnt it set a bad tone and isnt this a cultural issue. >> i share rick ungers outrage and so does a conservative tom coburn who want to end th loop hole. for the time being. it is the law . the peopl...

Arent clear instructions on how youre supposed to close your account. >> a lot of new numbers on the economy. i saw foreclosure numbers, house numbers. hows the market reacting? >> you know its not been great. we are seeing the market react in different ways. the stocks are down. the benchmark ten-year yield is setting fresh lows. the pace is slow in may. were seeing a big reaction in oil prices for example. in fact, oil now, chris, is on a course for the lowest percentage job in two years. we g...

an important story just into cnn. the still unidentified u.s. soldier blamed for this weeks deadly massacre in afghanistan now has a high powered lawyer. the prominent seattle attorney john henry brown who once representeded serial killer ted bundy. he spoke to tracy wyann. >> its a tragedy all the way around. no question about that. i think its of interest that we have a soldier who has an exemplariry record, decorated soldier, who was injured in iraq to his brain and to his body, and...

Prosperity, can be seen tonight onç c-span. thank you both, gentleman. >> thank you. thank you very much. coming up, what now? good news on housing? thats the a big question mark. what the latest foreclosure numbers reveal next on "now." im embarking on a journey of epic proportion. i will travel, from sea to shining sea, through amber waves of grain, and i wont stop until ive helped every driver in america save hundreds on car insurance. well im out of the parking lot. thats a good start. g...