Detailed text transcripts for TV channel - FOXNEWS - 20111025:17:36:00
I think it's limited to fha mortgages. that will be about one million in theory. if this one spends the money as slowly as the other three or four have it won't be much help to very many people. megyn: isn't this just going to punt the problem down the road? if i'm underwater on my mortgage and the government allows me to refinance, and i sell the house it's not like the government has changed my negative equity. the bank is going to wind up covering that when i sell my house or i'm going to find some really stupid buyer who pays way more than the house is worth. >> i don't think there are tha...