Foreclosure Problem News Today

For jcpenney. the stock is down more than 60% in the past 12 months. the companys been losing hundreds of millions of dollars per quarter after a restructuring gone wrong. foreclosures hit a six-year low in 2013. the overall number of filings down 26% from the year before. this is according to the folks at realtytrac. so, thats the improvement, right? but the foreclosure threat still very real for many homeowners. in december, on about one in five homes, borrowers owed at least 25% more than t...

Attempting to stablize neighborhoods by demolishing more than 4,000 abandoned homes across the city, calling it the largest blight removal effort in state history. >> by eliminating blight in a neighborhood we increase property values, give folks incentive to stay in their homes, therefore, maybe they wont get into foreclosure problem. >> reporter: robert couch says he is already seeing a difference. >> people look around, see the neighborhood is a lot better than what it was in the past. so its...

Attempting to stablize its neighborhood by demolishing more than 4,000 abandoned homes across the city, calling it the largest blight removal effort in state history. >> by eliminating the blight in a neighborhood, we increase property values, give folks incentive to stay in their homes. therefore maybe they wont get into a foreclosure problem. >> reporter: robert couch says he is already seeing a difference. of. >> people look around, see the neighborhood is a lot better than what it was in the...

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They take their role in politics very seriously and they really try to know everything about the candidates. this is a very serious political state. i want has a progressive tradition. eve gone for a democrat four of the last five times only for bush in 04. we thent for gore, clinton twice and this is a state not feeling the pain. 5% unemployment. they didnt have the foreclosure problem. they are a prosperous state. the recession skips over iowa. they are liking obama. >> whatever happens, whoev...

this volatile republican nominating contest. since the last debate nearly a month ago, rick santorum has surged into the lead in the national polls. but its a mitt romney-santorum dead heat in one of the states that votes next, thats michigan. and the polls here in arizona suggest a late shift here perhaps in governor romneys favor. our chief political analyst gloria borger is here to get us started. gloria lets focus on the poll here today. we had a poll out yesterday that showed a re...

In general. >> we are leading up to them to find out what they have to do to find their nominee. in the meantime i think there is hurt that is to the american people because they dont get to the heart of the issues. if we just look at the fanny and freddie debate we are learning how much in ads each one of them invested or made but we are not hearing a solution to the foreclosure problem. in addition we are also -- we dont hear from romney whether or not he still beliefs that the bottom should f...

Gingrich is leading in florida after his win in south carolina. 42%. barely, though. romney 39% and then its really a dropoff. are you surprised to see the difference in how ron paul and rick santorum are polling in your states compared to how they were in other states? >> no, because florida is an extremely expensive place. its somewhat resource driven. we have some of the largest media markets, as you know, the tampa bay area, the southeast florida area. and the dubal county area. so in a sens...

Year alone. that is the explosion of big government and i say lets make certain that we lower the rate. we have governments spend less and we get this fiscal house in order. >> lets take a look at the comments made by the two leading republican candidates, mitt romney and newt gingrich on the issue of how to deal with this big foreclosure problem. here it is an interview with the las vegas review journal editorial board. mitt romney described his plan to address the foreclosure crisis that is ev...

We cannot address the economic problem unless we deal with the foreclosure problem. the first thing that newt gingrich said when he came out of his victory the other night is that he is going to florida to address forforeclosure, the president has to remind the american people that we have come a long way. that we were in a ditch. losing 750,000 jobs every month and now we are creating jobs and been creating them at a pretty good clip for over the last 22 months. he has to show that he needs a s...