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borrowers with mortgages insured by the fha, the federal housing administration could refinance with half the fee that the fha charges for veterans and service members. they will review decisions to foreclose our deny lower interest rates, as a way to help homeowners still underwater. here's more from the president at today's news conference. >> last fall we announced an initiative that allows millions of responsible homeowners to refinance at low interest rates. today we're taking it a step further. we are cutting by more than half the refinancing fees that families pay for loans ensuinsu by the federal housing administration. that saves the typical family an extra $1,000 a year on top of savings they receive from refinancing. that would make refinancing more attractive to more families. it's like another tax cut to put more money in people's pockets. we do this on our own. we don't need congressional authorization to do it. we're taking a series of steps to help homeowners who have served our country. it's unconsciousable that members of our armed forces and families have been some
borrowers with mortgages insured by the fha, the federal housing administration could refinance with half the fee that the fha charges for veterans and service members. they will review decisions to foreclose our deny lower interest rates, as a way to help homeowners still underwater. here's more from the president at today's news conference. >> last fall we announced an initiative that allows millions of responsible homeowners to refinance at low interest rates. today we're taking it a...
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Mar 6, 2012
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the federal housing administration will be able it cut up front fees for refinancing loans it already insures. this could help 3 million people reduce their mortgage payments by about $1,000 a year. service members will get compensation. and there will be a refund of old per charges for those denied the chance to refinance. >>> in democracy 2012 tonight it is super tuesday. in 10 states voters are weighing in on which republicans should get the chance to challenge president obama in know. three of the candidates, santorum -- rick santorum, mitt romney and newt gingrich criticized the president. >>> representative donna payne has died from colon cancer. she was first elected to congress in 1988. he was also a senior member on foreign house affairs. >>> crystal clear. we had the sunshine in abundance. very little in the way of cloud cover. winds from the south, southeast and this is a change from those cold north winds we had yesterday, last night and early this morning. that will eventually warm us up significantly tomorrow but it was not the case today. cold air mass still settling. m
the federal housing administration will be able it cut up front fees for refinancing loans it already insures. this could help 3 million people reduce their mortgage payments by about $1,000 a year. service members will get compensation. and there will be a refund of old per charges for those denied the chance to refinance. >>> in democracy 2012 tonight it is super tuesday. in 10 states voters are weighing in on which republicans should get the chance to challenge president obama in...
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cutting by more than half, the refinancing fees that families pay for loans insured by the federal housing administrationhat is going to save the typical family in that situation an extra $1,000 a year. >> reporter: abc7 will have full coverage of today's election. you can get up to the minute results on abc7news.com/ politics. a candidate needs more than 1100 delegates to win the nomination. more than 400 on the table today. >>> authorities say one of the world's most wanted computer vandals has been secretly working as an fbi informant for months. this as charges were brought today against five suspected hackers accused of targeting governments and corporations worldwide. the ringleader has already pleaded guilty. authorities say he formed an elite hacking organization last may and the group he's accuse -- is accused of stealing confidential information that put some temporarily out of business. >>> do not adjust your set it is bouncey that camera. >>> very windy. the latest observations just came in. buff head out i'll show you where the fastest -- before you head out i'll show you where the fastest w
cutting by more than half, the refinancing fees that families pay for loans insured by the federal housing administrationhat is going to save the typical family in that situation an extra $1,000 a year. >> reporter: abc7 will have full coverage of today's election. you can get up to the minute results on abc7news.com/ politics. a candidate needs more than 1100 delegates to win the nomination. more than 400 on the table today. >>> authorities say one of the world's most wanted...
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. >> less pricey for borrowers while mortgages backed by the federal housing administration. lesli. >> a hazmat team took samples as they try to identify the mystery illness that killed three family members in less than a week. health and school officials in calvert county have sounded the alert. >> the u.s. centers for disease control are involved in this medical mystery investigation. >> whatever it is, investigators are worried enough about it to don hazmat suits before going in to investigate. it's deadly enough to kill three of four family members since march 1. >> we have a large family. everybody is concerned. >> relatives identified the victims of ruth blake who died first. her 58-year-old son, and her 51- year-old daughter, vanessa, succumbed yesterday. another daughter has been critically ill and recovering. all were assisting and caring for their dying elderly mother. >> i think this is highly unusual. and that's why it's clearly newsworthy, but i think what we want to say now is that as far as we can tell at the moment, this has been confined to these four individ
. >> less pricey for borrowers while mortgages backed by the federal housing administration. lesli. >> a hazmat team took samples as they try to identify the mystery illness that killed three family members in less than a week. health and school officials in calvert county have sounded the alert. >> the u.s. centers for disease control are involved in this medical mystery investigation. >> whatever it is, investigators are worried enough about it to don hazmat suits...
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ayuda de un programa del gobierno federal que se conoce por sus siglas en ingles "fha" o federal housing administrationas que se pagan por este financiamiento seran reducidas significativam ente, dijo. --este beneficio tambien se aplicaria a los miembros activos del ejercito, para los soldados cuyas propiedades fueron embargadas incorrectamente por grandes compaÑias inmobiliarias. --el departamento de justicia va a revisar los embargos que se hicieron desde el 2006 para determinar si se violo la ley. --cualquier violacion resultara en una compensacion al propietario por la plusvalia perdida de su casa, mas el interes y mas de 100 mil dolares. blanca live --cesar esto es todo de mi parte, regreso contigo. cu - bump out ---tiempo de la primera pausa en noticiero telemundo 48 en alta definicion, pero mas adelante... take vo ---el sistema de transporte del bart quiere saber su opinion en cuanto al aumento de sus pasajes... take vo ---en san jose, aumenta la tension politica en torno a un escandalo sobre el costo de las pensiones para empleados del ayuntamiento.. . take vo ---ademas, le cuento que agencia f
ayuda de un programa del gobierno federal que se conoce por sus siglas en ingles "fha" o federal housing administrationas que se pagan por este financiamiento seran reducidas significativam ente, dijo. --este beneficio tambien se aplicaria a los miembros activos del ejercito, para los soldados cuyas propiedades fueron embargadas incorrectamente por grandes compaÑias inmobiliarias. --el departamento de justicia va a revisar los embargos que se hicieron desde el 2006 para determinar si...
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to bail out risk looming larger after guaranteed binge mortgages so the federal housing administration won't be able to earn its way to financial health this year increasing the chance it will need a taxpayer bailout based on an updated forecast from moody's analytics which provides the agency's housing market analysis the u.s. government work to insure which guarantees one point one trillion in home loans had been counting on robust growth and home prices to help rebuild its insurance fund after paying out thirty seven billion dollars to cover defaults the past three years according to an annual report to congress well the thing is and you touched on it already is that if the entire globe is the leveraging of the entire globe is in recessions last depression then the f.h.a. we're talking about here they're going to be bailing out themselves or some ancillary institution based on the aggregation of more deaths you say they talk about reserve on the balance sheets they talk about assets on the balanchine they're talking about debt and every time they talk about a restructuring or a bail
to bail out risk looming larger after guaranteed binge mortgages so the federal housing administration won't be able to earn its way to financial health this year increasing the chance it will need a taxpayer bailout based on an updated forecast from moody's analytics which provides the agency's housing market analysis the u.s. government work to insure which guarantees one point one trillion in home loans had been counting on robust growth and home prices to help rebuild its insurance fund...
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Mar 7, 2012
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homeowners with government insured loans would be able to refinance at half the fee that the federal housing administrationrently charges. also military members would be paid lost equity after review of foreclosures and denials of lower interest rate. it's an attempt by the obama administration to help borrowers struggling in the depressed housing market. >>> president obama pushing back against republican critics who claim he wants gas prices to increase. mr. obama says no president facing reelection wants higher gas prices because of the hardship it causes americans. >> i want gas prices lower because they hurt families, because i meet folks every day who have to drive a long way to get to work and them filling up this gas tank gets more and more all of and it's a tax out of their pocket books and paychecks. >> according to aaa, the national average is 3.76 for a gallon of regular, 3.87 in d.c., 3.71 in maryland, 3.65 in virginia. >>> a new metro crime report pinpoints the most dangerous metro stops. shawn yancy has your fox 5 top five. >> up first tonight why vitamin d is critical to aging women. no. 5,
homeowners with government insured loans would be able to refinance at half the fee that the federal housing administrationrently charges. also military members would be paid lost equity after review of foreclosures and denials of lower interest rate. it's an attempt by the obama administration to help borrowers struggling in the depressed housing market. >>> president obama pushing back against republican critics who claim he wants gas prices to increase. mr. obama says no president...
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Mar 1, 2012
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congress critical about this infusion of more government dollars to help bail out the federal housing administration. this is "washington today" on c-span radio. >> listen on the go with the free c-span radio app. four audio streams of commercial free public affairs programming, congressional hearings, white house briefings and speeches from national leaders, supreme court oral arguments, book tv, the sunday talk shows on the weekends. and podcasts of some of our regularly scheduled programs. the c-span radio app free at the itunes app store. >> coming up at the top of the hour, this is c-s
congress critical about this infusion of more government dollars to help bail out the federal housing administration. this is "washington today" on c-span radio. >> listen on the go with the free c-span radio app. four audio streams of commercial free public affairs programming, congressional hearings, white house briefings and speeches from national leaders, supreme court oral arguments, book tv, the sunday talk shows on the weekends. and podcasts of some of our regularly...
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Mar 6, 2012
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borrowers with mortgages assured by the federal housing administration, fha, would be able to refinance at half the fee that the fha currently charges. this is "washington today" on c-span radio. we're keeping an eye on the super tuesday results here on radio. live on television. and on the web at c-span.org. with speeches, later in the evening, by the four republican presidential candidates. in other news today, the fbi offering a $1 million reward for information leading to the safe return of a former special agent robert levinson. he vanished back in 2007 from kish island which is a resort area in iran. the fbi director robert mueller telling reporters in washington that we often speak about the fbi family, and that charles levinson had retired from the fbi. he was still and remains part of the fbi family. alsofamily. also on hand for the announcement of the $1 million reward for leading for information on the return of robert levinson, his wife. >> i am bob's wife christine levinson. i want to say how proud i am the government has offered this reward for bob's disappearance. this is
borrowers with mortgages assured by the federal housing administration, fha, would be able to refinance at half the fee that the fha currently charges. this is "washington today" on c-span radio. we're keeping an eye on the super tuesday results here on radio. live on television. and on the web at c-span.org. with speeches, later in the evening, by the four republican presidential candidates. in other news today, the fbi offering a $1 million reward for information leading to the safe...
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration that is going to save the typical family in that situation an extra $1,000 a year. >> reporter: abc7 will have full coverage of today's election. you can get up to the minute results on abc7news.com/ politics. a candidate needs more than 1100 delegates to win the nomination. more than 400 on the table today. >>> authorities say one of the world's most wanted computer vandals has been secretly working as an fbi informant for months. this as charges were brought today against five suspected hackers accused of targeting governments and corporations worldwide. the ringleader has already pleaded guilty. authorities say he formed an elite hacking organization last may and the group he's accuse -- is accused of stealing confidential information that put some temporarily out of business. >>> do not adjust your set it is bouncey that camera. >>> very windy. the latest observations just came in. buff head out i'll show you where the fastest -- before you head out i'll show you where the fastest
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration that is going to save the typical family in that situation an extra $1,000 a year. >> reporter: abc7 will have full coverage of today's election. you can get up to the minute results on abc7news.com/ politics. a candidate needs more than 1100 delegates to win the nomination. more than 400 on the table today. >>> authorities say one of the world's most wanted...
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Mar 3, 2012
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housing secretary shean donovan thursday said the federal housing administration will be able to meet its requirements for the fund it uses to back its portfolio of government-backed home mortgages. the fund,
housing secretary shean donovan thursday said the federal housing administration will be able to meet its requirements for the fund it uses to back its portfolio of government-backed home mortgages. the fund,
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Mar 4, 2012
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i want to echo senator murray's concerns about the federal housing administration, which plays such a critical role in affordable home ownership. the decline in the housing market has had a tremendous impact on families and communities across the nation, as well as our economy across the whole. it remains troubling that the capital reserve ratio remains below the congressional mandate level of 2%. i am optimistic that we will hear some good news as a result of the settlement. that is still of concern. i also want to discuss during the question period what can be done to ensure the greater use of heating systems in maine that have not qualified for assistance under the fha program. they are an alternative to fossil fuels where people are heavily dependent on home heating oil. finally, the block grant program proposed about $3 billion. it is disappointing. this popular program supports the economic growth strategy and enables key investments in their long-term economic growth. it is programs like this and help to build a foundation for future prosperity. these are just some of the issue
i want to echo senator murray's concerns about the federal housing administration, which plays such a critical role in affordable home ownership. the decline in the housing market has had a tremendous impact on families and communities across the nation, as well as our economy across the whole. it remains troubling that the capital reserve ratio remains below the congressional mandate level of 2%. i am optimistic that we will hear some good news as a result of the settlement. that is still of...
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cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administration. that's going to save the typical family in that situation an extra thousand dlarpz a year on top of the savings they would also receive from refinancing. >> the president also announced today a series of moves to help military service members to who lost their homes to foreclosure or denied lower interest rates on their mortgages. >>> trying to get pregnant can be quite costly, coming up next, there's a new option for couples who have been struggling to conceive. it's going to cost less than the electra decisional treatments. >> the first leg of construction is underway to bring walmart to the district. >> hazmat crews search a maryland home after several people from one family died from a mysterious ailment. >>> once a woman hits age 43, her chance getting pregnant on her own is pretty slim. that leaves a lot of women looking for help from egg donors. the problem, it can cost thousands of dollars. and insurance doesn't usually pay for it. doreen gentzler reports on a new lower cost
cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administration. that's going to save the typical family in that situation an extra thousand dlarpz a year on top of the savings they would also receive from refinancing. >> the president also announced today a series of moves to help military service members to who lost their homes to foreclosure or denied lower interest rates on their mortgages. >>> trying to get pregnant...
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Mar 2, 2012
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. >> housing secretary shaun donovan said today the federal housing administration has the resources to back its portfolio of home mortgages. the fund which has been depleted by the housing crisis would be replenished through increased fees and money from the recent legal settlement with big banks for their lending practices. secretary donovan testified before the senate appropriations subcommittee and housing and urban development at this hour-long hearing. [inaudible] -- 2013 budget request for a department of housing and urban development. as he began iraq on next year's budget, there are encouraging signs that our economy is moving in the right direction although we are moving quickly enough for families they continue to struggle and they certainly got a long way to go, the private sector is now demanding jobs for almost two years. businesses are growing in confidence is that. we seem to have said that imus in the precipice come which of course is good news for the housing market, which depends on a strong and stable economy to recover. despite the positive science we still face s
. >> housing secretary shaun donovan said today the federal housing administration has the resources to back its portfolio of home mortgages. the fund which has been depleted by the housing crisis would be replenished through increased fees and money from the recent legal settlement with big banks for their lending practices. secretary donovan testified before the senate appropriations subcommittee and housing and urban development at this hour-long hearing. [inaudible] -- 2013 budget...
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at which time we will hear testimony from the acting fha commissioner on the federal housing administration. >> in a few moments, one of president obama's fund-raisers last night in new york city. "washington journal" is live at 7:00 a.m. eastern and global climate change. finances in state and local governments and plans by states to require drug testing for welfare recipients. the brookings institution's host a forum on nuclear proliferation live at 10:00 a.m. eastern and our "road to the white house" continues with gop candidate rick santorum in ohio. >> several live events to tell you about today. the brookings institution host a forum on nuclear proliferation, that is here on c-span at 10:00 a.m. eastern. our "road to the white house" coverage continues at 7:00 p.m. eastern with rick santorum in willoughby, ohio, and we will also cover mitt romney in cleveland this evening on 7:00 p.m. on c-span 3, including remarks by his wife and new jersey governor chris christie. >> rick santorum delivered a full throated defense of religion in public life sunday, appealing to social conservatives
at which time we will hear testimony from the acting fha commissioner on the federal housing administration. >> in a few moments, one of president obama's fund-raisers last night in new york city. "washington journal" is live at 7:00 a.m. eastern and global climate change. finances in state and local governments and plans by states to require drug testing for welfare recipients. the brookings institution's host a forum on nuclear proliferation live at 10:00 a.m. eastern and our...
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cutting by more than half the refinancing fees that family place for loans insured by the federal housing administration, that will sai the typical family in that situation an extra thousand dollars a year on top of the savings they get from refinancing, that makes refinancing more attractive to more families, it's like another tax cut that puts more money in people's pocket. we will do it on our own. we are taking a series of steps to help home owners who have served our country. it is unheard of that members of our armed forces and their families have been some of those that have been most vulnerable to losing their homes due to the actions of bank sas and mortgag lenders. that happened a lot over the last few years. a lot, so as part of the land mark settlement we reached with some of the nation's largest banks a few weeks ago. if you are a member of the ae ad forces you will be substantially compensated for what the bank to you and your family if you were wrongfully denied the ability to reduce your interest rate, the banks will refund you the money you would have saved along with a significant pena
cutting by more than half the refinancing fees that family place for loans insured by the federal housing administration, that will sai the typical family in that situation an extra thousand dollars a year on top of the savings they get from refinancing, that makes refinancing more attractive to more families, it's like another tax cut that puts more money in people's pocket. we will do it on our own. we are taking a series of steps to help home owners who have served our country. it is unheard...
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Mar 6, 2012
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the president will outline a plan that allows borrowers insured by the federal housing administrationrefinance their loans at half the current fee. this new plan will reduce that charge to .55% of their balance. mike viqueira joins me now from the white house to talk more about that. mike, no coincidence, the news conference happens to fall on super tuesday, all these candidates trying to be president. the president coming out reminding everybody he is president. >> reporter: yes. >> what does he drive home today? >> reporter: it's funny you say that. white house aides will look at you with a straight face and say it is a coincidence, that this is the day that made the best sense. we can judge for ourselves whether that's a little bit disdi disingenuous or not. today he gets an oar in the water. iran and syria on the table. the president completing a couple of big days on iran. the aipac speech talking tough on sunday night. but warning of loose talk of war and largely repeating that message one-on-one with prime minister benjamin netanyahu here at the white house yesterday. they were
the president will outline a plan that allows borrowers insured by the federal housing administrationrefinance their loans at half the current fee. this new plan will reduce that charge to .55% of their balance. mike viqueira joins me now from the white house to talk more about that. mike, no coincidence, the news conference happens to fall on super tuesday, all these candidates trying to be president. the president coming out reminding everybody he is president. >> reporter: yes....
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Mar 6, 2012
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that's going to save the typical family in that situation an extra $1,000 a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're also taking a series of steps to help homeowners who have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks and mortgage lenders. over the last few years, that happened, a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what we're going to do. if you are a member of the armed forces whose home was wrongfully foreclosed, you will be substantially compensated for what the bank did to you
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that's going to save the typical family in that situation an extra $1,000 a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're...
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Mar 2, 2012
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. >> housing secretary shaun donovan said the federal housing administration has the resources to back its portfolio of home mortgages. the fund which has been depleted by the housing crisis would be replenished through increased fees and money from the recent legal settlement with big banks for their lending practices. secretary donovan testified before the senate appropriations subcommittee on housing and urban development that this hour-long hearing. [inaudible] >> -- 2013 budget request for housing and urban development. as we begin our work on next year's budget, there are encouraging signs that our economy is moving out in the right direction although we are moving quickly enough for families that continue to struggle but we certainly have a long way to go come the private sector has now been adding jobs from us two years. businesses are growing at confidences. we seem to setback finally from the precipice which of course is good news for the housing market which depends on a strong and stable economy to recover and thrive. despite the positive signs we still face significant cha
. >> housing secretary shaun donovan said the federal housing administration has the resources to back its portfolio of home mortgages. the fund which has been depleted by the housing crisis would be replenished through increased fees and money from the recent legal settlement with big banks for their lending practices. secretary donovan testified before the senate appropriations subcommittee on housing and urban development that this hour-long hearing. [inaudible] >> -- 2013 budget...
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Mar 7, 2012
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homeowners with government insured loans would be able to refinance at half the fee than federal housing administration charges military members would be paid lost equity after a review of foreclosures or denials of lower interest rate it is latest attempt by the obama administration to help borrowers struggling under a depressed housing market. >>> rhode island woman kept her lottery ticket tucked in her bible before she turned it in to claim the third largest power ball jackpot in history 81-year-old louis white won $336 million from the ticket she bought in new port, lump sum pay out, $210 million. louise white said she had only gone to get smasher bert at the store but came home -- to get some sherbert but came home with more. she knows she will always have sherbert in the freezer. >> maybe that is a good luck thing. >> congratulations. >> going to need some soon, going to be 70 degrees. >> nice transition. >> i could go for some sherbert weather. >> ice cream weather upon us. after a cool start your forecast going to be a simple one because we are going to be enjoying sunshine, 41 washington, 39 g
homeowners with government insured loans would be able to refinance at half the fee than federal housing administration charges military members would be paid lost equity after a review of foreclosures or denials of lower interest rate it is latest attempt by the obama administration to help borrowers struggling under a depressed housing market. >>> rhode island woman kept her lottery ticket tucked in her bible before she turned it in to claim the third largest power ball jackpot in...
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Mar 6, 2012
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that is going to save the typical family in that situation even aebgs tra thousand dollars a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we are going to do this on our own. we don't need congressional authorization to do it. we are also taking a series of steps to help homeowners who have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unskru banks and mortgage lenders. over the last few years that happened a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here is what we're going to do. if you are a member of the armed forces whose home was wrongfully foreclosed, you will be substantially come pen compensated for what
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that is going to save the typical family in that situation even aebgs tra thousand dollars a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we are going to do this on our own. we don't need congressional...
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president obama set to outline new protections for folks borrowing from the federal housing administrationd a rare white house news conference, his first of the year, right in the middle of the republican super tuesday contest. rich edson from the fox business network. joins us live from the white house. hi, riff, how are? >> reporter: jenna i'm good thanks. president will outline a new government proposal. if you have a government insured loan you can refinance for lower fees. if you're a military veteran and forced to sell your house at a loss to relocate or wrongfully foreclosed on there would be government funding for that. this is a presidential news conference, make no mistake. reporters will ask anything they want. we'll talk about the economy and gas prices and topic that dom it understand white house yesterday and capitol hill this morning, iran. >> i reserve all options and, my policy here is not going to be one of containment. my policy is prevention of iran obtaining nuclear weapons. >> here is the administration's mistake. in attempting to preserve all options it has inadverte
president obama set to outline new protections for folks borrowing from the federal housing administrationd a rare white house news conference, his first of the year, right in the middle of the republican super tuesday contest. rich edson from the fox business network. joins us live from the white house. hi, riff, how are? >> reporter: jenna i'm good thanks. president will outline a new government proposal. if you have a government insured loan you can refinance for lower fees. if you're...
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Mar 6, 2012
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration going to save the typical family in that situation an extra $1,000 a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're also taking a series of steps to help homeowners who have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks and mortgage lenders. over the last few years, that happened. a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what we're going to do. if you are a member of the armed forces, whose home was wrongfully foreclosed, you will be substantially congressm lly r what the bank did to you and you
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration going to save the typical family in that situation an extra $1,000 a year on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're also...
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Mar 7, 2012
03/12
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cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administrationhat situation an extra $1,000 a year, on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're also taking a series of steps to help homeowners who have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks and mortgage lenders. over the last few years that happened -- a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what we're going to do, if you are a member of the armed forces whose home was wrongfully foreclosed, you will be substantially compensated for what the bank did to you and your family. if you are a member of the
cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administrationhat situation an extra $1,000 a year, on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. we're going to do this on our own. we don't need congressional authorization to do it. we're also taking a series of steps to help...
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Mar 1, 2012
03/12
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i want to echo senator mary's concerns about the federal housing administration which plays such a critical role in an affordable home ownership. the decline in the housing market over the past several years havhas had a tremendous impact on communities throughout the nation as well as the economy as a whole. i and a stand that hud has taken steps to increase federal reserve's, it is troubling that the ratio is below the congressionally mandated level of 2%. i am optimistic that we will hear some good news as a result of the settlements but that is still of concern. i want to discuss what can be done to insure the greater use of wood pellet heating systems in maine that have not qualified for the insistence of the program -- for assistance in the program. these are alternative to fossil fuels. this pot of the program supports the economic growth strategy of committees nationwide and enables the investments in their long-term economic growth. it is programs like these that help to build a foundation for future prosperity. these are some of the issues before our subcommittee and i look forwar
i want to echo senator mary's concerns about the federal housing administration which plays such a critical role in an affordable home ownership. the decline in the housing market over the past several years havhas had a tremendous impact on communities throughout the nation as well as the economy as a whole. i and a stand that hud has taken steps to increase federal reserve's, it is troubling that the ratio is below the congressionally mandated level of 2%. i am optimistic that we will hear...
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Mar 25, 2012
03/12
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the federal housing authority and the veterans administration, underwriting loans to vets to move where? to suburbs. to these burgeoning newly developed suburban tract housing units on the outskirts of cities. that are facilitated by highway construction, light rail construction, et cetera. but a lot of those suburbs are racially exclusive, by design. so you know, when the fha is giving loans out and the v.a. is giving loans out to citizens to provide them with the means to purchase their homes in the 1930s and 40s, they themselves don't have clauses against african-americans using the loans but a lot of those loans and a lot of those housing development projects are in places where black people can't move. so there's a structural impediment to african-american mobility. that hirsh argues is the cause of the second ghetto. this is what makes this ghetto different in the article that you read by hirsh. there's also a phenomenon called block busting in which predatory lenders to use a 21st century example or kind of real estate agents infiltrate neighborhoods and disseminate fear about bl
the federal housing authority and the veterans administration, underwriting loans to vets to move where? to suburbs. to these burgeoning newly developed suburban tract housing units on the outskirts of cities. that are facilitated by highway construction, light rail construction, et cetera. but a lot of those suburbs are racially exclusive, by design. so you know, when the fha is giving loans out and the v.a. is giving loans out to citizens to provide them with the means to purchase their homes...
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Mar 7, 2012
03/12
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that is going to see the typical family in that situation an extra thousand dollars a year on top of the savings that the dose to receive her refinancing. that would make refinance even more attractive to more families, sort of like another tax cut will put more money in people's pockets. we will do this on her own. but on a congressional authorization to do it. but are also taking a series of steps to help homeowners who have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous things and mortgage lenders. over the last years that happened a lot. so as part of the landmark settlement, we reach for some of the nation's largest a few weeks ago, here is what we're going to do. if you're a member of the armed forces whose home was wrongfully foreclosed, you will be substantially compensated for what the bank did to you and your family. i
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administration. that is going to see the typical family in that situation an extra thousand dollars a year on top of the savings that the dose to receive her refinancing. that would make refinance even more attractive to more families, sort of like another tax cut will put more money in people's pockets. we will do this on her own. but on a congressional authorization to do it. but are also...
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Mar 2, 2012
03/12
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i, too, want to act out senator murray's concerns about the federal housing authority -- administration, which played such a critical role in affordable homeownership. the decline in the housing market over the past several years has had tremendous impact on families and communities throughout the nation, as well as our economy as a whole. while i understand that hud has taken a number of steps to increase capital reserves, it remains troubling that the capital reserve ratio remains below the congressionally mandated level of 2%. i'm optimistic that we'll hear some good news as a result of the settlement, but that still is of concern. i also want to discuss the question period with the secretary what can be done to ensure the greater use of wood pellet heating systems in the state of maine which have not qualified for assistance under the fha program, and those are increasingly popular. they are ardent alternative to fossil fuels, very heavily depend on home heating oil, the price of which have spike. finally, a little funny for the community develop a block grant program proposed about
i, too, want to act out senator murray's concerns about the federal housing authority -- administration, which played such a critical role in affordable homeownership. the decline in the housing market over the past several years has had tremendous impact on families and communities throughout the nation, as well as our economy as a whole. while i understand that hud has taken a number of steps to increase capital reserves, it remains troubling that the capital reserve ratio remains below the...
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Mar 25, 2012
03/12
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CSPAN3
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hirsh points out the homeowners loan corporation, the federal housing authority and the veterans administration as three key government institutions that play a role in the intense spatial segregation of african-americans from the 40s through the 60s. how does it work? we should even ask the question why. like why wouldn't you want to live next to a black person that could buy a home in your neighborhood? why wouldn't you want to. like why would this cause all of this calamity f. they can afford the home they are making similar income as you. it's not just give the house away to any black person because we want black neighbors. black people who tried to move into the detroit family, you know, he's a doctor, he has -- he is a middle class hard working citizen. when he tries to buy a home in a white section of detroit, they try to kill him. mobs surround the house. his brother, a family member of his shoots somebody. that person goes to jail. dr. sweet, you know, he's involved in all of this stress. he eventually moves out of the neighborhood and kind of dies from the stress. why wouldn't you wan
hirsh points out the homeowners loan corporation, the federal housing authority and the veterans administration as three key government institutions that play a role in the intense spatial segregation of african-americans from the 40s through the 60s. how does it work? we should even ask the question why. like why wouldn't you want to live next to a black person that could buy a home in your neighborhood? why wouldn't you want to. like why would this cause all of this calamity f. they can...
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Mar 11, 2012
03/12
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cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administration. that's going to save the typical family in that situation an extra $1,000 a year, on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. oure going to do this on own. we don't need congressional authorization to do it. we're also taking a seriess to o have served our country. it is unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks and mortgage lenders. over the last few years that happened -- a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what we're going to do, if you are a member of the armed forces whose home was wrongfully foreclosed, you will be substantially compensated for what the bank did to you and your family. if you are a
cutting by more than half the refinancing fees that families pay for loans ensured by the federal housing administration. that's going to save the typical family in that situation an extra $1,000 a year, on top of the savings that they'd also receive from refinancing. that would make refinancing even more attractive to more families. it's like another tax cut that will put more money in people's pockets. oure going to do this on own. we don't need congressional authorization to do it. we're...
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Mar 30, 2012
03/12
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bill that is good news for construction jobs and helps to avert a shutdown of the federal highway administration. the housed the temporary extension yesterday afternoon with the senate passing it a few hours later. funding was set to run out saturday night. >>> scientists may have solved the mystery of a strange creature that washed up on a south carolina shore. >>> we'll look at your forecast as fox 5 continues. time right now is 6:13. >>> mega million jackpot now stands at a record-setting $540 million. plenty of our facebook plans have plans if they win too. let's take a look at a few. jessie would buy a nice house and make sure that the local food banks were stocked up and go become to college that is a great idea. and michelle oliver sounds confident. i will take one month or two to get any affairs in order. i'm a washington lover so i would help my city. i love that share your plans with us on our facebook page. >> with this kind of money, of course, you would have to help people. >> got enough money. you can do both. >> didn't sherry said that the odds are better in you're in a group pool s
bill that is good news for construction jobs and helps to avert a shutdown of the federal highway administration. the housed the temporary extension yesterday afternoon with the senate passing it a few hours later. funding was set to run out saturday night. >>> scientists may have solved the mystery of a strange creature that washed up on a south carolina shore. >>> we'll look at your forecast as fox 5 continues. time right now is 6:13. >>> mega million...
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Mar 2, 2012
03/12
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is investigating this problem i want to echo senator murray's concerns about the federal housing authority administrationplays such a critical role in affordable home ownership the decline in the housing market over the past several years has had an impact on families and communities do not the nation as well as our economy as a whole. i understand capital reserves have been increased it remains troubling that the ratio remains below the congressionally mandated level of 2%. i am optimistic we will hear some good news as a result of the supplement, but it is still a concern. i also want to discuss with the secretary what can be done to ensure the greater use of wood pellet heating systems in maine that have not qualified for systems under the fha program. those are increasingly popular. they are an alternative to fossil fuels. home heating oil prices have spiked. finally, the funding for the committed the government block grant program proposed about $3 billion is disappointing. this popular program supports the economic growth strategy of committees nationwide and enables key investments under long-term
is investigating this problem i want to echo senator murray's concerns about the federal housing authority administrationplays such a critical role in affordable home ownership the decline in the housing market over the past several years has had an impact on families and communities do not the nation as well as our economy as a whole. i understand capital reserves have been increased it remains troubling that the ratio remains below the congressionally mandated level of 2%. i am optimistic we...
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Mar 6, 2012
03/12
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cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administrationt's unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks, and mortgage lenders. over the last few years that happened. a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what we're going to do. if you're a member of the armed forces whose home was wrongfully foreclosed, will you be substantially compensated for what the bank did to you and your family. if you're a member of the armed forces with a high interest rate who was wrongfully denied the chance to lower it while you were in active service, which banks are required to do by law, the banks will refund you the money you would have saved along with a significant penalty. the act will make sure you are not forced into foreclosure because you have a change in station but can't sell your home because you owe more than its worth. some of
cutting by more than half the refinancing fees that families pay for loans insured by the federal housing administrationt's unconscionable that members of our armed forces and their families have been some of those who have been most susceptible to losing their homes due to the actions of unscrupulous banks, and mortgage lenders. over the last few years that happened. a lot. so as part of the landmark settlement we reached with some of the nation's largest banks a few weeks ago, here's what...
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Mar 11, 2012
03/12
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KGO
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house. according to the federal aviation administration the plane lost power in both engines around 7:30, shortly off from the airport. it clipped a telephone pole before landing in a field behind the house. all three men aboard got out safely. they were taken away by ambulance. >>> a group of oakland residents say they are tired of the blight in their neighborhood so they are sending a message to their leaders. this is a group of west oakland residents who want to improve their neighborhood. yesterday they hung a "no dumping" sign at a vacant lot at 28th and magnolia street. >> we are tired of blight, we are tired of drugs, we are tired of trash, and we want to see our city come up to a higher standards than what it is right now. >>> the group wants to turn the empty lot into a park or a recreation center. [chanting] >>> daly city sarah bowl told has been told to get out, ending a 51-year-old run. the bowling alley, they held a save the bowh rally yesterday. the bowl's last day is april 15th. >> so one may be closing, but one in the mission neighborhood in san francisco is set to open. >> okay.
house. according to the federal aviation administration the plane lost power in both engines around 7:30, shortly off from the airport. it clipped a telephone pole before landing in a field behind the house. all three men aboard got out safely. they were taken away by ambulance. >>> a group of oakland residents say they are tired of the blight in their neighborhood so they are sending a message to their leaders. this is a group of west oakland residents who want to improve their...
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Mar 8, 2012
03/12
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fema administrator craig hue gait testified before a house operations subcommittee yesterday. >> good morning. today we welcome the administrator of the federal emergency agency fema, to discuss his agency's budget request for fy 13. after the conclusion of discussion with administrator fugate we convene an additional panel of stakeholder organizations. i'm going to make a brief opening statement in order to allow more time for members to ask questions, and to proceed with our second panel as well. administrator fugate, first of all, thank you for the work that you do and the hundreds of personnel who were deployed in my home state of alabama last april and beyond, and after the devastating tornadoes that impacted us. they are still there helping our communities pick up the pieces today and we very much appreciate all the work that fema and your agency has done. as recently as this past weekend, we again saw devastation that was brought by severe weather and once again looked to fema to help as needed. we thank you that the folks are on the ground and for all their hard work. before we begin, i will touch briefly on several issues which we'll
fema administrator craig hue gait testified before a house operations subcommittee yesterday. >> good morning. today we welcome the administrator of the federal emergency agency fema, to discuss his agency's budget request for fy 13. after the conclusion of discussion with administrator fugate we convene an additional panel of stakeholder organizations. i'm going to make a brief opening statement in order to allow more time for members to ask questions, and to proceed with our second...
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Mar 11, 2012
03/12
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house. according to the federal aviation administration the plane lost power in both engines around 7:30 shortlyast bay or the central coast because this little rainmaker favors the north by. here's a look from our roof camera. it is pretty cloudy out there. sun up 7:26. later sunrise for you setting at 7:14. we are talking about a tenth of an inch of rain to perhaps a quarter inch. this is north of the golden gate. so south of the golden gate maybe a few sprinkles. we around talking about this front really holding together. it is just the first in a series of wet weather makers that will visit us throughout much of the week and into next weekend. 49 in oakland this morning. good morning, fremont. 46 for you, as well as san jose, and 48 in livermore valley. much warmer with the cloud cover out there. we have the later sunrise, an extra hour of date and scattered showers favoring the north bay today. on and off rain really beginning early tuesday morning for the tuesday morning commute. here's our water vapor imagery. the first system pushed on through yesterday. kept us rather cloudy at times. w
house. according to the federal aviation administration the plane lost power in both engines around 7:30 shortlyast bay or the central coast because this little rainmaker favors the north by. here's a look from our roof camera. it is pretty cloudy out there. sun up 7:26. later sunrise for you setting at 7:14. we are talking about a tenth of an inch of rain to perhaps a quarter inch. this is north of the golden gate. so south of the golden gate maybe a few sprinkles. we around talking about this...
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Mar 29, 2012
03/12
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FOXNEWS
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house passed 90-day extension of the transportation bill. the march 31 deadline was rapidly approaching. the federal highway administration workers were at risk of immediate layoffs. >> making sure we extend the highway bill is the responsible way forward. >> many house democrats did not like the three-month deal and would have preferred voting on plan that passed the senate. >> we have bozos. >> it would fund transportation for two years at price tag of $109 billion. in morning they seemed aggravated that the house wasn't doing the right thing. >> we have the vote votes if the speaker would let its people go. >> the speaker pushed for five-year, $260 billion package he would like to pay for with oil production. >> we have a run down of the highway trust fund which is zero. to make it through the next year-and-a-half but it will cause a very big problem. when this has to be addressed again. >> this afternoon, the senate approved a 90-day extension, although democrats complained about being forced to accept the house plan. president obama is expected to sign it in to law before running, before funding runs out on saturday
house passed 90-day extension of the transportation bill. the march 31 deadline was rapidly approaching. the federal highway administration workers were at risk of immediate layoffs. >> making sure we extend the highway bill is the responsible way forward. >> many house democrats did not like the three-month deal and would have preferred voting on plan that passed the senate. >> we have bozos. >> it would fund transportation for two years at price tag of $109 billion. in...