Foreclosure Overhang News Today

And allow investors to buy homes, put runters in them, fix homes up and turn around and come back up. the obama administration has slowed up the foreclosure process that long existed and as a result, we still have a foreclosure overhang. >> hes saying let the ship sink. how does that play? >> it doesnt play at all. when he got to florida he tried to talk his way out of that and say he meant the opposite. this guy over and over and over again, you can call it a gaffe, i think its a self-revelatio...

>> dont try to stop the foreclosure process, let it run its course and hit the bottom and allow investors to buy homes, put runters in them, fix homes up and turn around and come back up. the obama administration has slowed up the foreclosure process that long existed and as a result, we still have a foreclosure overhang. >> hes saying let the ship sink. how does that play? >> it doesnt play at all. when he got to florida he tried to talk his way out of that and say he meant the opposite. this g...

We cant wait. i cant do everything by executive action but ill do everything i can. >> here what is mitt romney said about foreclosures. >> dont try to stop the foreclosure process, let it run its course and hit the bottom and allow investors to buy homes, put runters in them, fix homes up and turn around and come back up. the obama administration has slowed up the foreclosure process that long existed and as a result, we still have a foreclosure overhang. >> hes saying let the ship sink. how do...

Foreclosure overhang. you asked him about that and this is the exchange. >> stick by what you said, dont try to stop the foreclosure process. and it is hurting a lot of nevadian. i understand you are a free market. >> it depends on what you said dont stop. >> thos what you said. >> when i said dont stop it you get the economy going and home values rise and people can meet their obligation. the right way to do that is not have the federal government write checks to people. there is not enough mon...

>> dont try and stop the foreclosure process. let it run its course and hit the bottom, allow investors to buy the hopes and let renters go in, and the obama administration has slow walked the on foreclosure process that has long existed and as a result well still have a foreclosure overhang. >> there is this fear that essentially all of these little fixes are pumping air into a balloon that has holes in it. >> i think its a mistake to follow the romney strategy which is to let it drift and let ...

Can do to encourage housing. one is, dont try and stop the foreclosure process. let it run its course and hit the bottom, allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up. the obama administration has slow-walked the foreclosure processes that have long existed, and as a result, we still have a foreclosure overhang. >> john heilemann, i have to go through a riff right now, because i think you and i cover -- so as sam does -- this incredi...

Up. the obama administration has slow-walked the foreclosure process that long existed and as a result we still have a foreclosure overhang. >> there are an estimated 11 million homeowners underwater. the presidents plan would refer to 1 milli help about 1 million of them. thats a solution that basically says to middle-class americans who have been responsibly paying their mortgage and who through no fault of their own have seen their economic situation get desperate because of the prices in the...

The bottom, allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up. the obama administration has slow-walked the foreclosure processes that have long existed, and as a result, we still have a foreclosure overhang. >> john heilemann, i have to go through a riff right now, because i think you and i cover -- so as sam does -- this incredible portrayal by the republicans by themselves. first of all, they look hot and horny for executions out in th...

>> lets take a look at the romney bug. let mitt romney speak for himself about what he thinks, before the las vegas review newspaper. heres mitt romney. >> as to what to do for the housing industry specifically, and are there things that you can do to encourage housing. one is, dont try and stop the foreclosure process. let it run its course and hit the bottom, allow investors to buy up homes, put renters in them, fix the homes up with and let it turn around and come back up. the obama administr...

Mortgages -- you are on your own. >> dont try to stop the foreclosure process. let it run the course and hit the bottom and allow the investors to buy the homes and allow it to come back. the obama administration has prolonged the foreclosure process and as a result we have a foreclosure overhang. >> and one other thing that mitt forgot to say in the sound bite, just let your credit go to hell in a hand basket, because it is no big deal. hours ago romney side stepped the issue and gave this wish...