Page 3 - Mortgage Problem News Today

Threatened by either economics or the political system, what do you do? you draw inward to protect yourself. we are now protecting ourselves. >> yes. >> were worried about the entitlement programs. we ought not to be as much as we should be worried about things that you just spoke to. fannie mae, government agency in charge of mortgages. knew about the mortgage problem since 2003. guess what? there are people who have been indicted. >> dr. sachs, this is impressive. >> this, joe, is what you sai...

Of the sentence in the scottish prison. >> al megrahi is the only person convicted for the bombing of flight pan am 183. >> and homeowners with foreclosure plan has not worked. many have fallen out of the mortgage problem. they cant make the new payments or because the kicked them out. the original material girl facing a lawsuit over the new fashion line. slapped boys suit by la trims. they have used the brand name material girl. no comment from madonnas

Everything. wall street blamed for all the ills in the economy. sub prime mortgage. the sub prime mortgage problem, the root of this economic disaster were in strictly created by government. a plan designed frank said affordable housing. put people in homes that couldnt afford them. loan them money know iing that cant pay it back -- knowing they cant pay it back. they forced the lending institutions to make loan and mortgages. the lending institutions hold worthless paper. that is no good. what ...

In road and bridge and airport projects to go into congressional around the country. its always so popular in congress that one powerful chairman once named the bill after his spouse now that he cant pass the thing. its set to expire on september 30th. the president says that would cost 4,000 jobs. theyre still fighting over that. meanwhile, leading up to this big speech, thursday nigh night, of course, not wednesday night. very few details, although he likely will propose more infrastructure sp...

Im alex witt, and welcome to msnbc saturday. we have breaking news to report from tropical storm lee. at this hour and for the next 15 minutes a crucial time in new orleans as there are numerous tornadoes warning in that area its going until 8:15 eastern. all this news coming to us from the national weather service. again, thats tantamount to keep an eye on tornado warnings in new orleans right now. of course, the center of the storm is expected to make landfall in louisiana later today or early...