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We ll check in with you again. thanks so much. meanwhile, 27 minutes before the top of the hour. i ll take my own shot, alisyn. senate majority leader harry reid joining a chorus of democrats for eric holder to step aside because of a fast & furious scandal last night. he said he still has full confidence in him. nancy pelosi and debbie wasserman-schultz backs holder. new figures show foreclosure activity shot up last month in 26 states as banks tackled a backlog of homes with unpaid mortgages. the increases were in states where the courts supervised the foreclosure process. realty track says the 24 states that do not oversee the process actually saw a decline. the pace is picking up after a $25 billion settlement with the mortgage industry about foreclosure abuses. they are calling it a disgrace to old glory. it s an american flag. but the stars have been replaced ....
The february jobs report is due out this morning and it will be watched closely by wall street and main street. more than 200,000 financially strapped households will see their mortgages reduced thanks to a side deal bank of america has struck with the government as part of its settlement over alleged foreclosure abuses. coach added 5% on upbeat sales report. slow growth in february is eating into mcdonald s bottom line. shares dipped 3%. rare earth miner molycorp is buying canada s neo materials technologies for $1.3 billion. fender guitar fans will soon be able to buy a piece of rock n roll history. filed for ipo to the tune of $200 million. one lucky buyer has landed a piece of movie history. look familiar? that of course, the home alone house, has been sold for just over $1.5 million. right there in illinois. ....
And they re being asked, i believe, to come up with 5 billion to $10 billion to help subsidize this program and you have to wonder whether really what s going on. that banks tax would be imposed on top of the $25 billion settlement announced thursday that five large banks agreed to pay out after being sued for foreclosure abuses. they believe the program will not only help them save money, but help preserve home values in their neighborhood. i personally know there are several foreclosures in my neighborhood and those foreclosures affect the price of my house. we d be much better off and the house market would improve if the government would unwind some of its efforts to get into the middle of the housing market. the market will correct. it will heal itself and heal itself quicker if they withdraw from their interference. it requires the approval of congress. but they are in no hurry to act because so many other efforts ....
Or they have depressed value of the property. good risk, hardworking citizens. they would tap in the program immediately. critics say the plan has deep flaws. it would be paid for by adding a fee to monthly mortgage payment and adding tax on large banks whichropes long opposed. the banks as you know are struggling. they are trying to figure out what dodd-frank means to them. they areing asked to come up with $5 billion to $10 billion to help subsidize the program. you to wonder whether really what is going on. bank tax would be imposed on top of the $25 billion settlement announced thursday that five large banks agreed to pay out after being sued for foreclosure abuses. the diamonds believe the program will not only help them save money but will help preseven home shalls in their their home values in the neighborhood. there are foreclosures in the neighborhood and that affects the price of my house. we would be better off and housing market would improve if the government w ....
Office. he s using millions of dollars meant for victims of foreclosure abuses to help balance his state s budget. honest broker, what do you think? wisconsin s total share of the $26 billion national settlement with the banks is $140 million. 31.6 million goes directly to the state government. walker is putting $25.6 million of that money toward fixing his budget shortfall. what scott walker is doing, i think is outrageous. he gave businesses last year a $117 million tax break while forcing teachers to give up their collective bargaining rights. walker said it was the only way to balance the budget. well, it s not working. recent estimates project wisconsin s budget deficit will be $143 million in 2013. so walker is trying to bail himself out of trouble by using set ment monooh settlement money ....