Detailed text transcripts for TV channel - MSNBC - 20111024:14:49:00
That for a long time. that's why we have such depressed home values. not just because of foreclosures, but because of what that does to appraisals in the neighborhood. again, this program is not designed to help people who are in trouble on their loans, who are delinquent, facing foreclosure. this is not a modification program. and that's what a lot of the criticisms are, they're saying the housing market needs more than just a re-fi program to help current borrowers, because the current borrowers are paying. now, the administration will argue, okay, we're putting more money back into borrower...
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