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Banks that put us in this mess in the first place. >> that's a lie. >> nobody said anything about redistribution of wealth as far as it going to -- >> that's a lie. >> it's very problematic. the mortgage modification program has been very problematic, almost near an abysmal failure for the administration from the start. you've had about 40% of the people that applied for the making home affordable program drop off. however, there was some questions, what i hear from folks on the street is hey, you know, what about my bailout? you bailed out the banks that put us in this mess in the first place...

Very carefully designed mortgage modification program to help people who have a chance to stay in their house take advantage of that chance. now, we'll make sure we continue to do what's necessary to again repair the damage of this housing crisis but we have to reform the system. we have to bring to fannie and freddie and to the broader housing finance market a better set of policies to make sure we can deliver affordable finance for housing without leaving the economy vulnerable to this kind of crisis. >> the housie ining goals which big part of what fannie and freddie were doing guaranteeing...

Very carefully designed mortgage modification program to help people who have a chance to stay in their house take advantage of that chance. now, we'll make sure we continue to do what's necessary to again repair the damage of this housing crisis but we have to reform the system. we have to bring to fannie and freddie and to the broader housing finance market a better set of policies to make sure we can deliver affordable finance for housing without leaving the economy vulnerable to this kind of crisis. >> the housie ining goals which big part of what fannie and freddie were doing guaranteeing...

Two women in a relationship biologically, that doesn't work the same." politico reports it didn't set well with a gay advocacy group that said, "talk about the ick factor, one can only guess governor huckabee gets more press hits every time he says something stupid about gay people." huckabee also joked in the inter view that "the only thing worse than torrid affair with sweet, sweet nancy pelosi, would be torrid affair with helen thomas. if those were my only options i'd probably be for same-sex marriage." some 446,000 homeowners who enrolled in the mortgage modification program dropped out...

>> reporter: it really isn't. you get to these points where it's only spewing out lava, and everyone sighs a big sigh of relief, but that glacier melts, that becomes a big cap of rock. it seals it off for a little while, builds up pressure and then, pow, you get another big plume of ark, the whole -- ash, the whole problem starts again. jon: mike tobin at heathrow airport where he himself has been stranded. thank you. i have jean a government watchdog is saying recent changes to the mortgage assistance program in this country may make it more absolutely they'll to fraud. that is the warning fr...