Processing Loans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

fox news columnist served in bush bhows during hurricane katrina. welcome karl, nice to see you. so what do voters expect from governors and presidents particularly governors here when you have a natural disaster like this? >> well they expect governor to be in charge and to have mobilized both local governments, state government, and private institutions to mediate the aftermath and to be able to help peel get back on their feet. this is a test if you will ofen frontline leadership of a governor and also in some instances the mayor of big cities have a big role to place but governor...

And we showed made clear that's $400 billion for write off another 20 billion for extending loan repayment moratorium for another 3 months but how strong are these if legal claims start with the state. >> well state claim let's just pause it to myc a claim in federal court, you have to establish that there's some damage or harm. you can't simply say it is beginning to cost you money. and so yes this plaintiff in indiana said it is going to increase payment of state taxes and that myself going to incur damage with loan process which is is at the center of what this loan forgiveness program is a...

They are filled with lawyers compliance departments. antimoney laundering rules, know your client rules are huge. they all want to help people. if banks are processing loans for people they know nothing about, they haven't done their due diligence on then the treasury isn't going to make them hole or two years from now when the regulators come in and say bank of america and chase, i'm going to need you to detail all these people that you extended these loans to. who were they? were their businesses real? these banks would get major fines. they could lose their licenses. the problem is secretar...

You for money. >> reporter: 20 to 30 latino men looking for work. it's hot, more than 100 degrees. he says they're paid cash, no taxes taken out. it hurts the local economy. >> all he's looking for is work. >> reporter: first generation mexican american jesse hernandez may seem an unlikely guide to say this is exactly what arizona needs. can you give people a sense at how you arrived at that position? >> yes, they are surprised, even more surprised when they find out that my parents are from mexico. we came up here legally. that started a process for me. right there then, if you're going to do...

Out that my parents are from mexico. i was born in arizona. we came up here legally. that started a process for me. right there then, if you're going to do something, do it right. >> reporter: hernandez says it was his job at a bank, processing loans, that made him see things clearly. >> i saw a lot of the abuses by illegals, fraudulent social security numbers, i.d.'s, buying houses, stealing people's identities. >> reporter: these men admit they're here illegally but tell us look around. there are no americans out here looking for work. what kind of jobs are you trying to do? >> he does any k...