Detailed text transcripts for TV channel - FOXNEWS - 20120810:09:46:00
Proposing a new set of rules to help you avoid foreclosure. tell us about this. >> they have proposed new deals aimed at protecting home owners by mortgage servicers. these are the financial institutions that went as a go between and the banks themselves. they calligive the billing statements. they have to give clear monthly billing statements warn borrowers before interest rate hikes and actively help them avoid phobe closu-- foreclosure. the director said yesterday the proposal reflecting two basic comments and standards. no surprises and run arounds. the major failures in the industry shows...