Page 2 - Foreclosure Problem News Today

Have opened up investigations on the banks foreclosure practices. complicated story i tried to tell on television a number of times with not a tremendous amount of success. more or less, what was happening was banks were foreclosures on properties that they didnt even own and on properties without the actual legal note, bank note, said we own this loan. and the foreclosure problem was actually a symptom of the true rotten cause. the rotten cause was when the securitization machine was going as f...

General in the united states have opened up investigations on the banks foreclosure practices. complicated story i tried to tell on television a number of times with not a tremendous amount of success. more or less, what was happening was banks were foreclosures on properties that they didnt even own and on properties without the actual legal note, bank note, said we own this loan. and the foreclosure problem was actually a symptom of the true rotten cause. the rotten cause was when the securiti...

Department reports number filing for unemployment has jumped last week to the highest its been in six weeks after declining for three months. rich edson is live in washington tonight with an explainer at the fox business network. this kind of spike this time of year not that unusual, really. >> shep, this is a tough time of year to figure out et job market because of temporary holiday workers. they can skew jobs numbers higher in december and push lay off numbers up in january. so, analysts are ...

Any anecdotal examples of what america is feeling? >> well, i just described, i think that weave hard working people here in michigan who needed help and mitt romney said let them go bankrupt. so people definitely are feeling it. things are slightly on the up tick. we know we need to do more to revive this economy. the bush economy was hemorrhaging 700,000 jobs a month. weve had 19 consecutive months of job growth under president obama and so time and time again, when it comes to helping folks, ...

With, reverend, throwing this at romney and putting up his comment out of context and -- >> i asked you what romney said. >> i showed you what -- >> slow down. >> reverend, let me finish my point. let me finish my point, and ill give it back to you >> i gave you your point. >> all right. reverend, if youre going to do that. >> romney said, michael, we were not comparing him to president obamas statement. >> oh, come on. its all connected, and your problem, reverend, is that you want to pull out ...

But will it work? delaware attorney general beau biden joins us next to tell us about his plan to fix the foreclosure problem. youre watching "morning joe" brewed by starbucks. [ dog barks ] [ kid ] dad? who is honus...wagner? no idea. let me see that. thats a honus wagner autograph... the hall of famer? look at this ball! yeah, found that at a yard sale. i thought pickles would like it. [ dog barks ] that a new car jerry? yeah... sweet, man. [ male announcer ] the audi a8. named best large luxu...

northeast are desperate to escape the flooding and the damage unleashed by hurricane irene. were tracking the rescues and the danger right now. and well put the arrest of the uncle in a dui charge. this hour, and whether they matter to most american. im wolf blitzer and youre in the situation room. up first this hour, a very tough political debate over national security that will unfold between president obama and his republican challenger, whoever that might be. the commander in chief...

virginia. and elijah cummings, the former chair of the black caucus and analysis, and chris jeff free lund of digital. i am candy crowley, and this is state of the union. what a difference a year makes, or not so much. last year at this time, president obama was vacationing on marthas vineyard, and thats where he is today. last year he said -- >> a year and a half ago the economy was shrinking rapidly, and the economy is now growing. >> this year he is saying -- >> america will come ...

well, thats it for this edition of "reliable sources." im howard kurtz. were off next sunday when cnn will be providing live coverage of the dedication of the martin luther king memorial on the mall in washington. were back the following week with another critical look at the media. "state of the union" with candy crowley begins right now. an august of angst, at the battle of 2012 erode the presidents support. today, the summer slump with obama senior campaign strategist david axelro...

23 more deaths reported in syria. a day after president obama and several u.s. allies finally called on president obama bashar al assad to step aside. arwa damon is covering this story. another friday, a day of prayer, but it was a day of brutal violence as well, arwa. >> thats right, wolf. and it would seem some pretty dramatic footage emerging from damascus. in the center of the city and in the clip that emerged on youtube, we could not independently verify its awe tenitiesty. you ca...