Page 9 - Loan Modification News Today

Servants employed. weve lost 680,000 public sector workers over the last few months and thats terrible. but the problem is we still have a net deficit of jobs. were millions of people that are out of work. and if we dont prime the pump, its just going to get worse. austerity is not the way to go. >> but the stimulus was supposed to stimulate the whole economy. and it didnt work! >> absolutely not. and im in foreclosure and i can tell you that being a foreclosure attorney, the president proposes ...

happening today, at the trial of jacksons doctor. now, court reconvenes in about 45 minutes or so dr. conrad murray is charged with involuntary manslaughter jacksons death. yesterday a security guard testified that murray asked him to help gather up drug vials before even asking him to call 911. >> i was standing at the foot of the bed p he reached over and grabbeded a handful of vials and then he reached out to me and said, here, put these in a bag. and engineers are back at work to...

a very big get. he was the only american on an official u.s. hit list and his killing has touched off this firestone today among critics. they contend that this killing breaks u.s. and international laws. today the president made it very clear that no terrorist is safe. >> make into mistake, this is further proof that al qaeda and its affiliates will find no safe haven anywhere in the world. working with yemen and our other allies and partners, we will be determined, deliberate, and re...

ill be back at the top of the hour with more live news. now i need to hand it over to your bottom line. the housing market has changed. so have you. what you need to know if you own a home, want to buy one or rent. plus is it ever okay to walk away from that mortgage even if you can afford to pay? lets start with the american dream of owning a home. youre a buyer its a dream market but only if you can get the loan. with the end of the nations largest mortgage lenders denying 27% of...

Possession of the house? had they warned you they would behave in this way? had they given you thresholds or clearances you needed to meet? >> nothing of the sort. my loan modification had been approved and my tamts were timely. >> jp morgan didnt return our calls. we did reach out to them. what is going on here. >> i would like to say that her case is u neeng, dylan but unfortunately it is not. i have fielded phone calls from all across the country where banks and constitutions are taking it up...

Sandra endo reports, there are a few reasons to be optimistic. >> reporter: this is what nancy loguen is fighting for, a big backyard and a room to read in with her daughter, carly. the place in northern virginia theyve called home for 12 years. >> i owe more on the house than its worth so thats my situation. its kind of scary and stressful to have the financial pressure. >> reporter: logan found out her job is being eliminated and mortgage is going up $1,000 a month in january after her loan mo...

i get carlos santana, morgan freeman, ernie banks in the same room and try to get them to stop selling themselves short. documenting a terrorist takedown. those s.e.a.l.s who went in after osama bin laden had high-tech cameras. we have new details for you. welcome to this "cnn sunday morning." im t.j. holmes. as always a special good morning to our military men and women watching us on the armed forces network. thank you for being here and thank you for what you do. we need to start ...

Underwater homeowners are telling us now. >> this is what nancy logan is fighting for. a big backyard and a room to read in with her daughter. the place in nourj virginia they have called home for 12 years. >> i owe more on the house than its worth, so thats my situation right now. kind of scary, kind of stressful to have that financial pressure. >> logan just found out her job is being eliminated and her mortgage is going up $1,000 a month in january after her loan modification terms expire. th...

a re-sounding success. watch or dvr inside the mission, getting bin laden tonight, 8:00 eastern time. topping our news at this hour, louisianas morganza spillway is opening. its expecting to begin burdening the waters away from new orleans and baton rouge. while many homes will be protected, the homes and farms of 2500 people will be expected to be flooded. >> an arrest warrant may be issued for moammar gadhafi. an international close to the courts cells cnn to expect a formal announ...

Foreclosure. has there been a rush to foreclose in your view? >> i think there has been a rush to foreclose. i think the thing that most made me upset is that you had people that qualified for a loan modification that were denied and went into foreclosure. >> reporter: lost their homes? >> lost the homes. >> even though they deserved modification. >> even though they did. >> reporter: why would a banker servicer do that? >> it comes down to dollars and cents. >> reporter: he say it is bottom lin...