Detailed text transcripts for TV channel - FOXNEWS - 20111018:19:19:00
>>gerri: it is not just the federal government but, also, state government since they have come to a resolution on the foreclosure issue. >>shepard: demand it? >>gerri: the basics are that people who are behind on, rather, underwater, but not behind on payments, could get a new loan from their bank at the low, low interest rates and this would help them avoid foreclosure. now, the question is, will banks go along with it? frankly, they have not gone along with a lot of proposals we have had for new programs to save housing, and the devil is in the details. but, a big question about whether thi...
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