Detailed text transcripts for TV channel - MSNBC - 20120810:12:41:00
Problems. ethical problems, financial problems and so on and so forth. you know, here we go. >> all right. let me read housing's last chance. your column from the new york times. you write, today san bernardino county has one of the highest unemployment rates in the nation -- 11.9%. home prices collapsed. astonishingly every second home is under water meaning the homeowner owes more on the mornl th mortgage than the house is worth. the i way to keep them in homes is lowering the debt burden and oh closely aligning their mortgage with the actual value of the home which is why greg devereaux, th...