Detailed text transcripts for TV channel - CNN - 20101221:15

Detailed text transcripts for TV channel - CNN - 20101221:15:48:00

minority thought they would live up to the agreement. >> we'll have an update in about an hour. you can also go to our website cnnpolitics.com. after the real estate bubble burst in 2007, bank of america promised to help its borrowers struggling with their home loans. but arizona's attorney general doesn't think that happened. in a new lawsuit, terry goddard excuses them of mortgage fraud. he told the story of a retired woman who asked b of a if she could get a better deal on her mortgage. >> through that procedure, which dragged on for over a year, she heard nothing from the bank. until finally she got an eviction notice. well, you might wonder how could that happen? and she's wondering the same thing right now. she was thrown out of her house. and her house is still empty almost a year later. so the bottom line here was somebody who made an application for modification, she had missed one payment through a fraud that was perpetrated on her.

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