Vimarsana
Biggest News Aggregation in the World

Page 2 - Principal Reduction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Principal Reduction. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Principal Reduction Today - Breaking & Trending Today

Detailed text transcripts for TV channel - FOXNEWS - 20120209:17:09:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120209:17:09:00

Benefits -- jenna: what would be normal, a normal number during a normal time? >> i think that network should be under 300,000. jenna: after weeks and maybe even months of announcing they're close to a deal, the government has a deal in place with states when it comes to these foreclosure settlements. $25 billion. what changes with that settlement. >> there's some fundamental changes that they'll make, and if you're dealing with a bank, you'll have one representative, and there's some things they've done that they can't do, but five banks -- people should know that. if you have a mortgage with...

Detailed text transcripts for TV channel - MSNBC - 20120129:14:26:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120129:14:26:00

Homeowners and -- principal reduction for homeowners and a lot of good stuff in that settlement. i drew a hard line and said there is no way i'm going join if you give these guy as release from the other conduct that hasn't even been investigating yet or investigations are under way but haven't come to fruition. first rule of prosecution, you don't release claims that haven't been investigated. so -- i -- drew a line on that. it was than about me winning. sure. there was an incredible public outcry from activist groups like moveon and coalition of housing activists, civil rights groups, who --...

Detailed text transcripts for TV channel - MSNBC - 20100630:22:45:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100630:22:45:00

To actually compel the servicers who did volunteer to be in the program to actually comply to the program rules. so we've had a host of problems with compliance with the program. at the same time, the problems of foreclosure have morphed since the program was put into place. so for example, foreclosure is now driven principally by unemployment. there is no real program in place right now to deal with the unemployment components. there have been -- they've introduced some program elements. they're not fully in place yet. principal reduction has been a major issue for more than a year now. the r...

Detailed text transcripts for TV channel - MSNBC - 20100419:08:12:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100419:08:12:00

Financial asset. so by helping stabilize house prices, we made an enormous difference in people's basic financial security. the president did that by working with the fed to help bring down mortgage interest rates which are at historic lows. four million americans have been able to refinance because of that. this is to help the innocent victims of the subprime crisis. a million americans today are getting lower monthly payments on their mortgage debt, on average $500 a month because of the president's program. we're working very hard to make sure that program reaches more americans. we announc...

Detailed text transcripts for TV channel - MSNBC - 20100418:18:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100418:18:13:00

>> but you're trying to now get lenders to reduce the principal for people because you have, and this was always the warning about a mortgage remodification, that people redefault and end up getting foreclosed on. >> you're right to say the changes we made recently are to help the unemployed, help people under water refinance, help for more relief in terms of principal reduction. we also gave the ten hardest hit states at the epicenter of the crisis with high unemployment, we gave them a significant amount of resources to help incent pilot programs, to help address the problems. we'll keep wor...