Detailed text transcripts for TV channel - FOXNEWS - 20111024:23:02:00
Their wealth. paying off mortgage debt means that consumers are spending less and businesses are making less. and jobs are harder to come by. and as long as this goes on, our recovery can't take off as quickly as it would after a normal recession. >> shepard: so, the white house says it's updating a program it launched two years ago. one to help americans refinance their mortgages. now, you can qualify no matter how deeply underwater you are. as long as you are still making your payments. the white house says it's cutting the cost of refinancing by getting rid of some fees and eliminating most...