Page 17 - Foreclosure Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here is what he said in october to a newspaper editorial board in las vegas about the foreclosure crisis. let's watch this. >> don't try and stop the foreclosure process. let it run its course and hit the bottom, allow investors to buy homes, put renters in them. fix the homes up, and let it turn around and come back up. >> i love it. get the people out of the houses they live in and they own. they can't pay their mortgages and fix up the houses and rent them to renters. anyway, let's look. today here just today president obama responded indirectly to those comments by romney. let's listen to ...

Under. >> don't try to stop the foreclosure process, let it run its course and hit the bottom, allow investors to buy homes, put renters in them, fix the holes up and turn around and come back up. >> where do the people go while they are out of their homes? on the street? you've done enough for the very poor? sure. romney isn't going to focus on the poor because his policies already leave them hanging out to dry. this is a real weak spot for mitt romney and president obama knows it. the president unveiled a mortgage refinancing plan in virginia today. he drew a direct contrast to the front-run...

That was legal, but shouldn't have been legal. and it was market abuse and we have to make sure the laws are changed or regulations issued under dodd/frank to make that illegal. the second is unlawful conduct that doesn't rise to the level of criminality should be going after the profits raised and trying to get relief for the homeowners and investors. there's some stuff that may well have been criminal. we're looking at all of it. my co-chairs include the head of the criminal division of the justice department as well as the civil division. so we're going to be looking at everything and looki...

i suspected u.s. drone strike in southern yemen on monday night. security officials say american missiles struck a province near the areas taken over by militant group. u.s. republican presidential candidate newt gingrich is blaming what he calls dishonest campaign ads by opponent mitt romney for his poor performance in the poor with the florida primary hours away, romney surged ahead of gingrich by 14 points. united nations nuclear experts say japanese regulators need to improve their plans for dealing with severe accidents. they've been studying the stress tests that tokyo orde...

All america who are dealing with these issues. my concern was that what the investigations that were under way while they were very important to focus on abuses in the foreclosure process, it is also important to get back to the conduct that blew up the economy. and my -- my concern always was we not release claims for the actual misconduct of robo sign sing bad, foreclosure abuses are bad. the housing bubble the crash, that brought down the american economy through millions of people out of work and really -- just exacerbated the gap between the middle class and the wealthy, that was man-made...