Detailed text transcripts for TV channel - FOXNEWS - 20110208:18:02:00
Prices down 26%. it's never been this bad, not even during the great depression. 11% of homes are vacant. and 23% of people in homes now, almost 1 out of 4 homes, are underwater, owing more on their homes than their worth. megyn: even if the feds wanted to step in, they couldn't. they don't have the money. so we're talking billions of losses. >> there are two programs. one is home affordable mortgage program. right now, $29.9 billion slotted for the program. so far, a very, very small amount of people are using it. the f.h.a. short refi program,
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