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Could this reform have done more? >> i think its creating this new consumer production bureau, and it may be an agency that looks under the hood, that looks in to the black s up to the r decide that. >> it is up to the regulators as are a lot of poo things of thin law. >> lynette, why has government been reluctant to date to regulate these companies? >> one thing is theyve been reluctant to interfere with commerce. they havent wanted to take part in any action that might be seen as diminishing a...

The first half of last year, filings are up 8%, and the pace of bank repossessions, thats up, too, between the months of april and june and puts the number of foreclosed homes on track to hit 1 million by the end of this year because banks are no longer letting the properties sit in limbo. they are moving the paper work through the pipeline and repossessing the homes when they really havent been in the past. >> so youve got fewer peel losing their homes but its a pretty good big number. which st...