Detailed text transcripts for TV channel - FOXNEWS - 20121207:18:17:00
How bad it is. the markets could turn around, remember, what we're talking about is not actual losses, but presumed losses, why? because these mortgage insurance is what they are going to have to pay if these folks lose their homes. alisyn: what -- bailout or no bail out what does it do for the housing market? does it have a ripple affect. >> reporter: there is something of a ripple affect. the housing market is trying desperately to recover, we see improvements all over the country. any little bad thing could set it back whether it's not being able to deduct mortgage insurance, whether it's t...