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October 18, 2011
Allowing underwater hope owners who are current on their mortgage to refinance. now, supporters say it will boost the economy and the jobs. and not just those in arrears. and dave ramsey joins us from the hit radio show and the author of the number one new "nw york times" best sellers last. congratulations. what do you make of this? i guess if you are going to split hairs and help only those running late on their payments, might as well help those who are up with their payments. what do you thin...
August 17, 2010
Banks that put us in this mess in the first place. >> thats a lie. >> nobody said anything about redistribution of wealth as far as it going to -- >> thats a lie. >> its very problematic. the mortgage modification program has been very problematic, almost near an abysmal failure for the administration from the start. youve had about 40% of the people that applied for the making home affordable program drop off. however, there was some questions, what i hear from folks on the street is hey, you k...
March 26, 2010
But even more telling, is that we are all in the same soup. and its a very complicated soup. and in order to help this economy recover some of those lost -- some of its lost waeeal and get us on a stronger footing were going to have to try to help the people that most need help. even if you wanted to argue that they could have avoided it in the first place. it has nothing to do with it. were all in this together. >> christine, there are two issues here we need to confront. one is the government ...
March 13, 2010
>> how does this program incentivize a lender to do a short sale? because they are taking a loss, as well? >> the whole making home affordable program, the modification piece came out last year, and that has not gained enough traction. so these are the people that have not been able to qualify for that are now open for this option. and what theyre doing is giving lenders $1,000 incentive to do the program, plus if you have a second mortgage in place, which they werent doing before, they were off...
February 11, 2010
December, but its a 15% jump from a year ago. again, thats one in 409 families losing their homes, or in the process of losing it. cnbcs carmen wong ulrich joins us now. >> one in five home sincere under water right now. folks are walking away. the jobs still arent there yet. folks are in a lot of trouble -- not a lot of help coming from making home affordable program. were seeing a lot of states coming out, california, nevada. nevada has been at the top of this list for over three years. they a...