Page 5 - Loan Modification Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Strongly believe and understand that there are very, very important tools within the Treasury Department that can combat terrorism. And that many of these tools such as a sanctions are extremely effective and keep our Armed Services out of harm. So i am fully committed to the maximum amount of law, to both enforce the existing sanctions in a very strict way. And i will work with the president elect as he sees fit on additional sanctions. And there are also other programs within treasury that i believe are very, very effective in fighting terrorism. Its a very important part of the treasury. An...

Lending, unquote, during the housing crisis. an investor group that you headed folder by reformed indy mac, a failed institution, responsible for many low and no-doc mortgage loans into a viable constitutiinstitution ca west, which you've described here, which offered loan modifications above and beyond what other institutions were doing to more than 100,000 borrowers, at least that's the way it looks to me. meanwhile, during all of the foreclosure turmoil, obama administration officials set up a national loan modification program called hamp. many members of congress from both sides of the ai...

Bailey. >> jim smith is the ceo of webster bank. a company started by his dad during the great depression and their key to success -- profitting by helping others and he joins us today in the studio. great to have you here. >> thank you. i'm delighted to be here. >> so your bank is in the northeast. >> yes, we're located in connecticut and our main branch is three blocks from where the bank was towned by my dad. >> in the movie from the 30's, george bailey did everything he could to keep people in their houses and that's what you guys have done, too, with your bank at webster because you've go...

unless there is strong action to fix the debt crisis there. well, right now on wall street, what are we watching here? traders closely watching how european heeders are taking on this challenge. the dow is currently up by 38 points. going to take a hard look at what this means for your finances as well as your retirement. what are we watching here? suicide bombers struck two cities in afghanistan today killing at least 58 people. the deadliest attack happened in kabul as worshippers marked a shiite holy day. the taliban suggests nato was behind the attacks to stir distrust between th...

For 20 years and then have it cancelled. i read one calculation that looked at a typical borrower that is $80 a month, and the refinancing on the mortgages are for loans owned by fannie and freddie for people who have under water mortgaged but are current. the mortgage policy preserved the central obamaism problem, and there is no principle reductions. there's losses on the books, and nobody wants to take the losses, and certainly not the banks. >> but he did a loan modification program that has been in effect -- >> right, and it has been a colossal failure, i have to say. >> i know people who...