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That they had a similar program last year where they thought they would get a lot of lenders and borrowers together to write down some of the value of some of these mortgages, how much they owe, do homeowners owe. not a lot of people subscribed to it and not a lot of lenders wanted to get involved. now they'll throw billions of dollars in it to try to incentivize this, to get lenders and banks to sit down with people underwater with their loans and try to write down the principle of those loans. look at how the plan works. jobless homeowners. if you're unemployed, can you get a three-month to ...

And so, say for example, if you're $150,000 home, meaning $150,000 loan on it and it'll only sell at $130,000, you're going to sell down or take a big loss. >> the short sale, how common are these in the first place? >> actually, they've become more and more common. banks are being inundated with them and that's part of the issue. they've gotten so many and taken banks so long -- a lot of times people will have a seller and the seller will walk away because they can't wait that long. >> we're hearing from the federal government, obama administration trying to do so much to help people stay in ...

Fortunes an a candidate rose mr. cohen nearly doubled the amount to use on a bank credit line on the manhattan apartment. three months earlier gained potential access to another $529,000 through a new mortgage he and his wife co-signed on a condo owned by her parents in trump world tower. "the new york times" added to that saying a person close to the organization said the people at the company aware he was doing legal work for the president in 2017. another person said that the person was running the trump organization at the time didn't know it because donald trump apparently reimbursing and...