Page 5 - Mortgage Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Threatened by either economics or the political system, what do you do? you draw inward to protect yourself. we are now protecting ourselves. >> yes. >> we're worried about the entitlement programs. we ought not to be as much as we should be worried about things that you just spoke to. fannie mae, government agency in charge of mortgages. knew about the mortgage problem since 2003. guess what? there are people who have been indicted. >> dr. sachs, this is impressive. >> this, joe, is what you said. i just want to show people. this is the income of an average full year. >> jeffrey, i'm going to...

Of the sentence in the scottish prison. >> al megrahi is the only person convicted for the bombing of flight pan am 183. >> and homeowners with foreclosure plan has not worked. many have fallen out of the mortgage problem. they can't make the new payments or because the kicked them out. the original material girl facing a lawsuit over the new fashion line. slapped boy's suit by la trims. they have used the brand name material girl. no comment from madonna's

Everything. wall street blamed for all the ills in the economy. sub prime mortgage. the sub prime mortgage problem, the root of this economic disaster we're in strictly created by government. a plan designed frank said affordable housing. put people in homes that couldn't afford them. loan them money know iing that can't pay it back -- knowing they can't pay it back. they forced the lending institutions to make loan and mortgages. the lending institutions hold worthless paper. that is no good. what do they do? they come up with ways to create something of value, mortgage back securities they s...

In road and bridge and airport projects to go into congressional around the country. it's always so popular in congress that one powerful chairman once named the bill after his spouse now that he can't pass the thing. it's set to expire on september 30th. the president says that would cost 4,000 jobs. they're still fighting over that. meanwhile, leading up to this big speech, thursday nigh night, of course, not wednesday night. very few details, although he likely will propose more infrastructure spending on some of those traditional road projects as well as extending some payroll tax cuts. he...

I'm alex witt, and welcome to msnbc saturday. we have breaking news to report from tropical storm lee. at this hour and for the next 15 minutes a crucial time in new orleans as there are numerous tornadoes warning in that area it's going until 8:15 eastern. all this news coming to us from the national weather service. again, that's tantamount to keep an eye on tornado warnings in new orleans right now. of course, the center of the storm is expected to make landfall in louisiana later today or early tomorrow, but the rain is already going for hours, and it could last all weekend. parts of louis...