Page 16 - Modification Program News Today

Strong downdraft and close to the tornado and earlier than it normally would occur. >> he says think again. >> thats one of the key hang-ups in hitting the modification program. being able to demonstrate convincingly convincingly, both statistically and scientifically that what you intend would not have occurred naturally. >> reporter: what would have to be done to dissipate this? >> there is so much energy here it was thought the only approach would be to effectively drop a nuclear bomb inside ...

and all eyes now on the phrase "one nation" in the gop race to the white house. just ahead, new signs those words could be sarah palin is running for president. im wolf blitzer. youre in "the situation room." but first, a heartbreaking development in joplin, missouri. all week weve been bringing you wrenching stories of those missing in the tornados wake, while at the same time holding out hope they might still be found alive. one of them, 16-year-old lance who was in his car when th...

Since february and according to the congressional oversight committees latest report, some 6 million borrowers more than 60 days behind on loans. foreevery borougher through the modification program last year, ten families lost their homes to foreclosure. here to break it down for us it rick newman, chief business correspondent for "u.s. news & world report." when you look at number, the obama administration wanted to help 4 million people. now only about 1 million. were their numbers overall ov...

20 minutes to the top of the hour. time for "minding your business." stephanie elam in for christine romans, wednesday isnt wednesday unless you can say the word sig tarp. >> inspector general who is talking about whether or not any of this foreclosure help is having any impact. >> its like the silicon valley days. lets look at the $75 billion plan that was supposed to help people through the modification program for the moer cloforeclo

Continue the modification program to strengthen that program, in order to keep as many people as possible in their houses and to continue to work towards building an economy that has a stable foundation. >> reporter: and yet, these declines took place despite the extension from last november until april of this year of a tax credit for first time home buyers. consider that the sales of existing homes, not just new homes, but existing ones, which accounts for nearly 95 percent of home sales, also...

Youre underwater on your mortgage. this could help you out. a new government program actually paying people to walk away from their home if they just cant pay the mortgage. so, who qualifies? here with the important details is greg mcbride. lets talk about the first issue here is that it starts soon. it starts april 5th and allows homeowners to do a short sell on their home and the government is going to give folks $1500 to help them relocate. whos going to qualify? >> not everybodys going to qu...

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