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Really seriously negotiate. so we've seen this kind of thing before where the urgency of a deadline seems to bring people together. that's what we're watching. but at the moment, pretty glum, chris. >> kelly o'donnell, thank you. there's a new snapshot of the housing market this morning, and it shows foreclosure activity is picking up again, hitting a seven-month high, up 7% between september and october. the republican hopefuls tackled the housing market in last night's cnbc/nbc debate, blaming the government for the mess. >> markets work. when you have government play its heavy hand, marke...

That you are filing on behalf of the servicer to foreclose on those documents. now, you're right, there are both criminal and civil implications involved if you do not follow the law. that's all we're asking, is to make sure you just follow the law and file the appropriate documents that are required. >> but at the same time, if you've seen a significant falloff in foreclosure activity after the law went into effect, does it not suggest -- and it's speculative on my part -- that there was still robo signing, at least as a potential optionalty for the financial institutions before the law went ...

live from new york this morning. we begin with what may be the occupy wall street move's biggest target so far, the iowa caucuses. cnn learned protesters plan to disrupt the first of the nation contest on january 3rd. organizers hope to have enough demonstrators on hand to occupy the campaign offices of president obama and all the republican candidates. they say their goal is to get them to start talking about the issues facing the 99%. also in tennessee, a federal judge has now ordered officials to stop arresting occupy protesters. the temporary restraining order blocks a curfew...

Increase in the past 6 months and economistings caution a big reason for the spike, people are buying foreclosed homes and you know the home sale record in 2010 was as bad as we had seen it in 37 years. >> a new report showing the housing crisis is spreading, realtytrac finding foreclosures increased in 3/4 of american cities, among the largest cities, houston, seattle an atlanta and the biggest spike from 2009 and expects foreclosure activity, this year, to out pace last year levels ja the kind of news we want, right? fox news weather alert, the storm slamming the northeast, and, hitting the ...

And high unemployment is the main driver of rising foreclosures. eric bolling joins me from 'follow the money" on the fox business network. >> reporter: there is good news. you saw the numbers. houston, seattle, atlanta, chicago. massive increases in foreclosure activity it went from high prices and easy loans to job loss. so they are foreclosing. we plea dictd this. -- we predicted the first two quarters would be the worst. it will continue for the next few months. but silver lining is when you foreclose on the house, there is always a buyer. and that soaks up a lot of the