Page 10 - Foreclosure Process News Today

faces. freedom. they are two foreign aid workers, one of them american, and theyve been held for three months by pirates in somalia. they are free. well tell you how and how the rescue went down. and did you watch the state of the union address? president obamas challenging republicans to get on board or get out of his way. he says preserving the american dream is the defining issue of our time. we have lots of highlights, lots of reaction. our panelists are going to weigh in. >> don...

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...

But that question about mitt romneys tax returns are outstanding and we still dont know if hell release any other years. so gingrich trying to shut up about this, but the even wider context here is that mitt romney has yet to come up with a failable position on the housing crisis. because floridas housing crisis is really, really awful, and nevadas is even worse, and thats the next contest. and so far mitt romneys most notable statement on the record about the housing crisis is this one. >> as t...

Anything, b. but the wider context here is that mitt romney himself has yet to come up with a salable position on the housing crisis. floridas housing crisis is awful. nevadas is worst, that is the next contest. so far mitt romneys most notable statement on the record about the housing crisis is this one. >> as to what to do for the housing industry specifically things to do to encourage housing, one is dont try to stop the foreclosure process, let it run its course and hit the bottom. >> with y...

Story for a number of different reasons. first of all, it is a big story in florida, but it is also a big story coming up in nevada and the housing bubble, and this is where mitt romney has had a number of different positions and answers. here he is, romney, tonight on the housing how we should help these people. here he is. >> to help these homeowners or not? to help them, of course we help them. pam bonnie in florida is cracking down on people committing fraud, number one. number two, you have...

Government created the mess. number three, you have to help people get more flexibility out of their loans. >> underwater mortgages back in october. >> as to what would you do for the housing industry specifically, and are there things you can do to encourage housing? one is dont try to stop the foreclosure process. let it run its course and hit the bottom. >> jimmy, what do you make of that? >> well, he continually -- he habitually rein vents himself. thats hard to say at 11:00, isnt it? but he...

many untrue things as fast as you can to get them all into one or two quick statements. so i thought it was kind of wild. >> heres a snapshot of romneys tax details. for 2010, he and his wife reported income topping $21 million, mostly from investments on which they paid less than 14% in federal tax. the gingriches and the obamas earned far less and paid, percentage wise, far more. tax rates are sure to come up in president obamas third state of the union speech. heres one tip-off. wer...

Romney in october says foreclosures should run their course. but today he was singing a different tune. watch this. >> dont try and stop the foreclosure process. let it run its course and hit the bottom. >> look, im going to do my very best to help. it breaks my heart to hear your stories, your experiences. some of the institutions arent willing to write it off and say they made a mistake. they loaned too much. were overextended. >> so congresswoman, in october he said let it run its course. you...

♪ but i see your true colors shining through. >> corporations are people, my friend. ♪ true colors. >> let detroit go bankrupt. dont try to stop the foreclosure process. let it run its course and hit the bottom. ♪ true colors. >> i like being able to fire people ♪ beautiful like a rainbow ♪ >> bill: of course, cyndi lauper had to give her permission for that song to be used. the democratic national committee took the "i like to fire people" comment out of context. mr. romney was talkin...

Than the bottom 150 million, we need to speak out. we need to get loud. willard, were done with quiet rooms. but i can see why you like them so much. we know to expect this talk from someone who casually makes $10,000 bets. from someone who says this to people who could lose their homes. >> dont try and stop the foreclosure process. let it run its course and hit the bottom. >> let things run their course. thats what you say in the quiet room. thats heartless. but its consistent with someone who ...