Page 19 - Housing Problem News Today

Responded to the scale of our problems, whether its the scale of our debt, the scale offer unemployment problem, the scale of our housing problem, the scale of the banking problem, the scale of the health insurance monopolies on a scale that recognizes the magnitude of the problem, and if using the word "depression" somehow magically forces you to think beyond incremental policy and into an actual evaluation of the financial system, et cetera, et cetera, that to me seems like it may have some me...

Suddenly had a huge credit crunch. i think thats a very different part of the problem. i dont think anybody, whether the chairman of the federal reserve or the council of economic advisors or other folks, there were very few people who saw the intensity of the housing problem as it broke loose. there were some people. peter wallace is a good example at the american enterprise institute, who had for a long time been warning that these government-sponsored enterprises were too big, they were too o...

To the housing crisis is no answer. >> well, because theres no good answer. i think thats why. theres no obvious solution to the housing problem. and only the -- the only other ideas that are out there are not really popular with the republican base. >> so far only front-runner mitt romney has spoken out specifically on foreclosures and democrats were quick to attack. >> foreclosures everywhere. and whats mitt romneys plan? >> dont try and stop the foreclosure process. let it run its course and ...

Theyll have another initiative under way that will deal with foreclosures by allowing investors to buy foreclosures and to rent them. they have another effort with the attorneys general on the robosigning settlement that might well address as a result of a settlement the banks providing a principal -- >> you do have money to go directly to the principal reduction for folks? >> no. its just the nature of the requirement of the banks in order to get a settlement is what i think is sort of in the w...

if we dont fix it more downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of americas hardest hit cities, las vegas. >> if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. >> in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it ...

downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of americas hardest hit cities, las vegas. >> if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. >> in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it would allow more of the...

Point out that the iranian variant of political islam is very different than the sunni egyptian variant. but the failure, i think, that youre seeing across the board is the same. its a failure to understand that there are extremist groups that are mobilizing to take advantage of the arab spring, and its also a failure to understand that these groups happen to be the most organized and the best equipped, best-resourced groups in the middle east which means that the arab spring is work anything th...

Column, about what barack obama has in common with gerald ford. >> oh. okay. >> "washington post" zack gold farbs good piece on what the administration has and mostly hasnt done on the housing problem. >> great piece and well-timed. casey. >> later this week, my colleague phil elliot is running in the marine corps marathon. >> wow, the transformation of phil elliot is unbelievable. my shameless plug, im going to my home state tomorrow to moderate a debate on the referendum on collective bargaini...

Again, unless we deal with this housing problem, its going to be almost impossible to deal with the economic problems we see in these recessionary times. weve got to deal with this. not only that, we want to save some folks some pain and heartache. one of the things people have got to keep in mind, when you put somebody out of a house, theyve got to live somewhere. and also remember that neighborhood values go down in that area around where theres a foreclosed house. its very important that we a...

economy. housing in america. if we dont fix it more downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of americas hardest hit cities, las vegas. >> if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. >> in a nutshell the plan increases the number of home owners eligible to refinance. no...