Page 19 - Foreclosure Process News Today

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Went before congress today to explain how his company suffered $2 billion and counting in losses by engaging in the same high-stakes trading that led to the financial collapse of 2008. the drama started right away, as dimon was confronted in the chambers by protesters decrying jp morgans foreclosure process. >> why dont you face the people that you fore cloclosed on? >> stop foreclosures now! >> stop foreclosures now! stop foreclosures now! stop foreclosures now! stop foreclosures now! >> dimon ...

Is really feeling your pain or at least he is reading about it. a report shows that the recent economic crisis left the american family in 2010 with no more wealth than the early 2000s. down to just over $77,000 in 2010. the housing crash, of course, accounted for 3/4 of that loss. what was it that mitt romney said about those facing foreclosure process? >> dont stop the foreclosures. put the renters in them and turn around and let it come back up. >> sorry, homeowners. they will happily take yo...

Theater that could have won a tony award if it wasnt so predictable. jpmorgan chase ceo jamie dimon went before congress today to explain how his company suffered $2 billion and counting in losses by engaging in the same high-stakes trading that led to the financial collapse of 2008. the drama started right away, as dimon was confronted in the chambers by protesters decrying jp morgans foreclosure process. >> why dont you face the people that you foreclosed on? >> stop foreclosures now! >> stop ...

Who provide services to me. i was a severely conservative republican governor. do i believe the supreme court should overturn row v. wade? yes. planned parenthood, we are going to get rid of that. of course i support the amendment. >> it would let the employers act out of health coverage if they had moral objection. >> would you change the constitution to establish life at conception? >> absolutely. >> as to what to do for the housing industry, specifically, dont try to stop the foreclosure proc...

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Folks, the social conservatives. because on economic issues, these candidates, well they are flailing, they got no name. these republican candidates are preaching to the red liners, the president of the united states is doing everything he can for the blue liners and we know what they have been through over the last 30 years. president obama came out with, here he is again, a mortgage plan. where were the republicans? i grant you its not perfect, but he still is out there trying. here is mitt ro...

Board meeting back in november, quote, dont try and stop the foreclosure process, let it run its course, hit rock bottom, let it turn around and come back up. now, again, in pure economic terms, yeah, thats what has to happen. there has to be a winding out brks u thats not, as a candidate, what you want to communicate. he seems to be not communicating the concern about the people who are under water. >> i think hes going to continue during that campaign when he talks about free markets and what ...

Adds to the deficit or somebody else has to make up the difference. >> dont try to stop the foreclosure process. let it hit the bottom. >> responsible home owners should not have to wait for the housing market to hit bottom to get relief. >> my view with regards to the bail out, it was the wrong way to go. >> we bet on american workers. we bet on americans and tonight the american auto industry is back. >> you now alex, now alex. >> at the end he coughs and says mitt romney. mitt romney. phil, y...