Mortgage Modification Program News Today

this case are no longer able to speak publicly about any of this. the information weve been getting is going to slow to more of a trickle as the hearings go on. people here got a bit of a surprise when christian bale, the actor who plays batman showed up here. it was a surprise to just about everybody. he visited patients in the hospital at the bedside. after that he came to this make shift memorial here and joined a prayer circle and prayed with people. it was all unannounced, they ha...

International conspiracy, it was spend an e-mail to the bank of gland and have a meeting among regulators. you didnt see that rage. incorporated into the bailout probably was this libor rate, thereby sending the message to the market, here are we the government putting our imprimatur on this rate. and sending the message nothing to worry about here. this is when the banks started using homeowners in the mortgage modification program. it wasnt to bring the banks in and saying you have to stop thi...

Where the servicer said, heres what were proposing as a modification of your mortgage. tim complied with that for a period of i think about two years. tim, correct me if im a little off there. but essentially then they said, well, it wasnt really a modification. were sorry but were foreclosing because you cant make the full payments that were required in the original mortgage. this story is repeated time and time again, where the mortgage modification program intended to help americans stay in t...

Home buyers, fannie and freddy, fha guarantee, the mortgage modification program, this cost $500 billion, these programs, and they dont look like theyve gotten us anywhere. >> they are probably more of a curse than a blessing if you look at all the programs. what we did was we prevented the housing market from hitting bottom. you have to bit the -- hit the bottom before you come out of it. we delayed that. a good example is the $8000 new home buyer tax credit, that helped kind of prop up market ...

Impact session of the "huffington post" check out their reporting reasons toy departments response to the crisis, the failed mortgage modification program known as hamp. that tomorrow morning on the "huffington post" and the brad miller podcast on dylan ratigan.com. tomorrow well talk to a senator about his fight to reform the failing mortgage modification program that may be baiting more people into default than its helping. coming up on "hardball" chris matthews with much more on the obama adm...

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...

Very carefully designed mortgage modification program to help people who have a chance to stay in their house take advantage of that chance. now, well make sure we continue to do whats necessary to again repair the damage of this housing crisis but we have to reform the system. we have to bring to fannie and freddie and to the broader housing finance market a better set of policies to make sure we can deliver affordable finance for housing without leaving the economy vulnerable to this kind of c...

Very carefully designed mortgage modification program to help people who have a chance to stay in their house take advantage of that chance. now, well make sure we continue to do whats necessary to again repair the damage of this housing crisis but we have to reform the system. we have to bring to fannie and freddie and to the broader housing finance market a better set of policies to make sure we can deliver affordable finance for housing without leaving the economy vulnerable to this kind of c...

Two women in a relationship biologically, that doesnt work the same." politico reports it didnt set well with a gay advocacy group that said, "talk about the ick factor, one can only guess governor huckabee gets more press hits every time he says something stupid about gay people." huckabee also joked in the inter view that "the only thing worse than torrid affair with sweet, sweet nancy pelosi, would be torrid affair with helen thomas. if those were my only options id probably be for same-sex m...

>> reporter: it really isnt. you get to these points where its only spewing out lava, and everyone sighs a big sigh of relief, but that glacier melts, that becomes a big cap of rock. it seals it off for a little while, builds up pressure and then, pow, you get another big plume of ark, the whole -- ash, the whole problem starts again. jon: mike tobin at heathrow airport where he himself has been stranded. thank you. i have jean a government watchdog is saying recent changes to the mortgage assis...