Videos

Congresswoman Gets the Runaround

ABC News “Nightline” cameras were rolling as Congresswoman Maxine Waters (D-Ca.) was repeatedly put on hold for long stretches, disconnected, transferred to extensions that did not work and ultimately switched to a recoding which directed her to the bank’s website.

Source: http://abcnews.go.com/Blotter/story?id=6702731&page=1

President Obama Introduces Sweeping Housing Plan

President Barack Obama introduces a sweeping housing plan in Phoenix, Ariz., aimed at keeping millions of Americans from foreclosure. “In the end, all of us are paying a price for this home mortgage crisis,” Obama said.

Source: http://www.msnbc.msn.com/id/29260537/

Homeowners in Crisis (Nightline Special)

Nightline special into personal side of mortgage crisis

Source: http://www.msnbc.msn.com/id/21134540/vp/29827386#29827386

Speed Dating Foreclosures

Diana Olik reports that the foreclosure flood remains so large that some courts are resorting to the “rocket docket” to speed through the backlog of cases.

Source: http://www.msnbc.msn.com/id/21134540/vp/29277774#30028691

President Obama Attending Housing Refinance Roundtable (Obama on Mortgages)

President Obama comments on nations housing crisis, mortgage refinancings and loan modification programs.

Source: http://www.msnbc.msn.com/id/21134540/vp/29529024#30135874

How the “Making Home Affordable” program may affect you

The $75 billion loan modification plan will provide incentives to borrowers, servicers and mortgage investors. The government will also subsidize interest rate reductions to get borrowers affordable monthly payments.

Source: http://ac360.blogs.cnn.com/making-home-affordable-program-details

Mortgage Defaults and Foreclosures Spreading

New data shows a record 5.4 million Americans are either behind or in foreclosure at end of 2008. Watch as a panel of experts on CNBC discusses the latest numbers on mortgage delinquencies; Obama’s housing plan and the outlook for the real estate market.

Source: http://www.msnbc.msn.com/id/21134540/vp/29277774#29277774