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Feb 1, 2012
02/12
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KQED
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what has freddie mac said about just that key question? >> well, freddie mac has said that they're not going to comment on the inner workings of its portfolios. so they referred us, basically, to their regulator, which did issue a statement yesterday that was interesting in some ways, if you want to talk about that. >> tom: yeah, we'll quick. give us the idea. this is the federal housing administration regulator of fannie mae and freddie mac, both in conservatorship. did it defend the portfolio trades? >> one thing as a reporter you look for, nothing in the statement said that we had gotten any facts wrong. you also look-- did we get the story right? >> tom: did not quibble with the analysis. >> did not quibble with any of the facts in the story. i believe they were trying to say, look, we have a huge portfolio, hundreds of billions of dollars. these trades were only several billion dollars. but we're talking about $3.5 billion worth of trades tied to $20 billion worth of mortgages that involved tens of thousands of real homes and real hom
what has freddie mac said about just that key question? >> well, freddie mac has said that they're not going to comment on the inner workings of its portfolios. so they referred us, basically, to their regulator, which did issue a statement yesterday that was interesting in some ways, if you want to talk about that. >> tom: yeah, we'll quick. give us the idea. this is the federal housing administration regulator of fannie mae and freddie mac, both in conservatorship. did it defend...
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Feb 4, 2012
02/12
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CSPAN
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our story deals with loans owned by freddie mac, guaranteed by freddie mac. the transactions we are talking about where loans were cut up, those were freddie mac boned loans -- owned loans. anyone around the world can buy mortgage bonds. if they fail and they are guaranteed by the government, the government makes good on the guarantees. i do not know if anybody has done the numbers on how many of the payouts have gone to foreign investors versus investors in this country. that is how is works -- it works. host: philadelphia on the democrats' line. caller: i want to know what is really being done. it sounds like freddie mac is still all right. guest: jesse eisenger, hinted that the after-effects of your story. long term, what might happen on capitol hill because of your story? guest: 1 is the fate of president obama's housing initiative, the things chris talk about. the second thing is, is grappling with how to resolve the entities. nobody wants conservatorship where we have freddie and fannie lost forever. that is untenable. there is a debate about what we sh
our story deals with loans owned by freddie mac, guaranteed by freddie mac. the transactions we are talking about where loans were cut up, those were freddie mac boned loans -- owned loans. anyone around the world can buy mortgage bonds. if they fail and they are guaranteed by the government, the government makes good on the guarantees. i do not know if anybody has done the numbers on how many of the payouts have gone to foreign investors versus investors in this country. that is how is works...
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Feb 5, 2012
02/12
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CSPAN
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more money for freddie mac. host: chris arnold, is this a deliberate ploy by freddie mac to do this? guest: well, we are not alleging that freddie mac did anything illegal. nothing in our report turned that out. there is a fire wall between the investment side of the business and the side of the business that manages home policies. but at the same time, it is fair to ask the question. credit is being tightened and a lot of ways that some people think don't make sense. the federal reserve has raised questions at the same time that freddie mac is placing these target it bets, as jesse said, that pay off. this is sort of a leveraged, magnified way. this is important to understand. that's say that we loan you $100,000 to buy a house. traditionally, the way this works, if you refinance, you have 100,000 hours back. ok, we're not making 7% any more of you, but we have our money back and we can give somebody else the loan with that money. but freddie mac did is they sold off the right to collect the principal, the $100
more money for freddie mac. host: chris arnold, is this a deliberate ploy by freddie mac to do this? guest: well, we are not alleging that freddie mac did anything illegal. nothing in our report turned that out. there is a fire wall between the investment side of the business and the side of the business that manages home policies. but at the same time, it is fair to ask the question. credit is being tightened and a lot of ways that some people think don't make sense. the federal reserve has...
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Feb 25, 2012
02/12
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WRC
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it's -- it makes you forget your troubles, i'll tell you that. >> i'm mac mcgary. much. >> reporter: in washington, jim handly, news4. >> retired and still very much loved. we love you, mac. >>> and we welcome the new host, hillary howard of "it's academic." >>> next up, a local ballerina accomplishes something unheard of overseas. man: delivering a 200-pound ice sculpture means i don't have any margin for error. one wrong turn, and i could end up unloading a puddle of water. female voice: turn right ahead. so i make sure i have the right guidance to get me exactly where i need to be. it's the same with taxes. turbotax has a unique gps feature that guides me step by step, so i know it's done right. they even offer representation in case of an audit, and calculations are guaranteed accurate, which helps me reach my maximum refund, guaranteed. man #2: try turbotax online now. you don't pay unless you're satisfied. and the cereals your kids love. ♪ now all general mills big g kid cereals have more whole grain than any other ingredient. the same great taste they love i
it's -- it makes you forget your troubles, i'll tell you that. >> i'm mac mcgary. much. >> reporter: in washington, jim handly, news4. >> retired and still very much loved. we love you, mac. >>> and we welcome the new host, hillary howard of "it's academic." >>> next up, a local ballerina accomplishes something unheard of overseas. man: delivering a 200-pound ice sculpture means i don't have any margin for error. one wrong turn, and i could end up...
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Feb 29, 2012
02/12
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WGN
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and comedian bernie mac and an honor reserved for just a few in our city.'s medical watch teenage prints at risk biggest threat for adolescents short-term memory reading and mental compilations impaired after a head blow or profoundly and teenagers fortunate skills developed rapidly making them more fragile to stress and trauma. research and new revelations for doctors who believe children's brains more plastic able to avoid concussions. it proves the need for better head protection for teenagers. cancer patients longer believe it impacted by therapy often preferring to memory lapse chemotherapy brand not confirmed certain types of chemotherapy memory loss and permit to first long-term study pressed cancer patients reported those taking cmf regiment worse on cognitive tests than those without the treatment no longer produced but women still experiencing side effects. bad news for drug providing benefits to thousands in the battle against high cholesterol. linked to diabetes and memory problems regulators requiring a warning label indicating the breast for h
and comedian bernie mac and an honor reserved for just a few in our city.'s medical watch teenage prints at risk biggest threat for adolescents short-term memory reading and mental compilations impaired after a head blow or profoundly and teenagers fortunate skills developed rapidly making them more fragile to stress and trauma. research and new revelations for doctors who believe children's brains more plastic able to avoid concussions. it proves the need for better head protection for...
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Feb 26, 2012
02/12
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WRC
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it's -- it makes you forget your troubles, i'll tell you that. >> i'm mac mcgary.h. >> reporter: in washington, jim handly, news4. >> retired and still very much loved. we love you, mac. >>> and we welcome the new host, hillary howard of "it's academic." >>> next up, a local ballerina accomplishes something unheard of overseas. >>> wow. a man from the manassas area may have made a record-setting catch. this fish was reeled in off the virginia beach area. a whole pound bigger than the previous record. the state saltwater fishing tournament will have to certify the catch to make it official. the angler is an x-ray technician at prince william hospital. he told the virginia pilot he's caught shark and barracuda before, but never caught anything this big. it is huge. looks like almost half his size. wow. >>> a local woman is going from reston to russia. she's been selected as the first american to join the esteemed ballet, the same company that boasted greats like baryshnikov. more on the dancer's journey. >> reporter: she's been singled out by dance magazine for her s
it's -- it makes you forget your troubles, i'll tell you that. >> i'm mac mcgary.h. >> reporter: in washington, jim handly, news4. >> retired and still very much loved. we love you, mac. >>> and we welcome the new host, hillary howard of "it's academic." >>> next up, a local ballerina accomplishes something unheard of overseas. >>> wow. a man from the manassas area may have made a record-setting catch. this fish was reeled in off the...
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freddie mac. was betting belly and of dollars on securities that profited when homeowners were denied it refinancing or retired marine art the los santos is one of those homeowners that freddie mac. bet against as our teaser ramona glinda shows us the last sound thousands fighting to keep his home with the help of some california occupiers. sharon comes over. i'm going to get arrested and and fight to land trying to save her house art the los santos is ready to stand up to the law and to wall street after repeatedly trying to modify their known the delos onto his family was a big did late last year a devastating blow for the family who have a decades worth of family memories in this house the kids have grown up here we've done modifications to the house we tile windows. define a court order art moved his family back in taking back the dream he feels was stolen art could potentially face arrest for reentry in the home where he has raised his four children but despite the risk the family is staying
freddie mac. was betting belly and of dollars on securities that profited when homeowners were denied it refinancing or retired marine art the los santos is one of those homeowners that freddie mac. bet against as our teaser ramona glinda shows us the last sound thousands fighting to keep his home with the help of some california occupiers. sharon comes over. i'm going to get arrested and and fight to land trying to save her house art the los santos is ready to stand up to the law and to wall...
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Feb 28, 2012
02/12
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WJLA
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protesters were demonstrating on -- outside freddie mac today. protesters were demonstrating on behalf of those who have lost their homes due to foreclosure. >> today 25 occupy d.c. protesters made their voices heard. they were there in support of a local resident who was of colonel of losing her home -- who was on the verge of losing her home. she walked into freddie mac headquarters today worried that her home would be taken by the bank. when she walked out -- >> i feel real good. >> it was all smiles. >> she has been struggling to stay in her home ever since she was laid off in 2009. she fell behind in her payments and worked out a loan modification deal with bank of america. >> i gave them the lump-sum they asked for. >> but she says four months later the bank took the lump-sum back and -- gave the lump-sum back and told her her home would be foreclosed on. she is one of thousands of americans fighting for closure. she says what made the difference for her or the occupied d.c. protesters. >> as someone who is thomas myself, i know what it is
protesters were demonstrating on -- outside freddie mac today. protesters were demonstrating on behalf of those who have lost their homes due to foreclosure. >> today 25 occupy d.c. protesters made their voices heard. they were there in support of a local resident who was of colonel of losing her home -- who was on the verge of losing her home. she walked into freddie mac headquarters today worried that her home would be taken by the bank. when she walked out -- >> i feel real good....
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Feb 7, 2012
02/12
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CSPAN3
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there is bono mac. there is bono mac votes no. mr. walden votes no. mr. terry. mr. terry votes no. mr. rogers. mrs. mi rick. mrs. mi rick votes no. mr. sullivan. mr. sullivan votes no. mr. murphy votes no. mr. burgess votes no. mrs. n. mr. bill gray votes no. mr. bass. mr. bass votes no. mr. >> mr. goingry votes no. mr. ska lis votes no. mr. lata votes no. mr. mcmorris rogers votes no. mr. harper. mr. harper votes no. mr. lance. mr. lance votes no. mr. cassidy. mr. cassidy mr. guthrie. mr. guthrie votes no. mr. olsson. mr. olsson votes no. mr. kinley votes no. mr. gardener. mr. mom peo. mr. sin singer. mr. griffith? mr. griffith votes no. mr. waxman. mr. dingle. mr. dingle votes aye. mr. marky. mr. towns. mr. towns votes aye. mr. paloan. mr. rush votes aye. aye. mr. engle votes aye. mr. green. mr. green votes aye. mrs. caps. mrs. caps votes aye. mr. doyle votes aye. shekowkk sirks ri votes aye. mr. insly votes aye. ms. baldwin. mr. ross. mr. ross votes no. mr. mathisson votes no. mr. butterfield. mr. butterfield votes aye. mr. barrow votes no. ms. matsui votes aye. mrs. christianso
there is bono mac. there is bono mac votes no. mr. walden votes no. mr. terry. mr. terry votes no. mr. rogers. mrs. mi rick. mrs. mi rick votes no. mr. sullivan. mr. sullivan votes no. mr. murphy votes no. mr. burgess votes no. mrs. n. mr. bill gray votes no. mr. bass. mr. bass votes no. mr. >> mr. goingry votes no. mr. ska lis votes no. mr. lata votes no. mr. mcmorris rogers votes no. mr. harper. mr. harper votes no. mr. lance. mr. lance votes no. mr. cassidy. mr. cassidy mr. guthrie....
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Feb 23, 2012
02/12
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FOXNEWSW
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first, taxpayers paid $150 billion to bail out fannie mae and freddie mac.u paid millions more in bonuses for the mortgage executives. it doesn't stop there. you won't believe what taxpayers are paying for. you are footing the bill for legal expenses and for former fannie mae and freddie mac executives and the bill was obscene. you have spent $50 million in legal fees. they are accused of cooking the books to scam you. why in the world are you paying their legal bills? liz mcdonald joins us. why are they paying this enormous legal bill for people being accused of scamming them to begin with? >> guest: because the watchdog of house and finance is essentially saying that fannie mae and freddie mac have contracts with these executives they can't break. you are right. these executives in prior years of securities and accounting fraud. these executives still face billions dollars worth of lawsuits where the legal fees are going to be racked up. hundred million plus in legal fees that the government has been paying for, fannie mae and freddie mac have been paying
first, taxpayers paid $150 billion to bail out fannie mae and freddie mac.u paid millions more in bonuses for the mortgage executives. it doesn't stop there. you won't believe what taxpayers are paying for. you are footing the bill for legal expenses and for former fannie mae and freddie mac executives and the bill was obscene. you have spent $50 million in legal fees. they are accused of cooking the books to scam you. why in the world are you paying their legal bills? liz mcdonald joins us....
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Feb 2, 2012
02/12
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KQEH
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is aimed for refinancing hope orns into taxpayer guaranteed mortgages through fanny mae and freddie mac, is that correct? >> actually it would be refinancing them through fha, which is part of hud. but the basic idea here, the president has taken important steps over the last six months to make sure that middle class families who are doing the right thing, paying their mortgages even though they're under water, would have the ability the refinance. the problem is if you happen to have a mortgage that isn't a fanny mae or a freddie mac or fha mortgage, you're out of luck, and you may be doing everything right, paying your bills, but you can't benefit from what are today record low interest rates. >> tom: secretary donovan, with just learned this week that freddie mac has financial positions that profit when homeowners stay in higher interest rate loans. will this practice continue, even under fha administration? >> well, first of all, i was, as you are, troubled by this information, and the treasury department is working with the regulator of fanny mae and freddie mac to make sure that s
is aimed for refinancing hope orns into taxpayer guaranteed mortgages through fanny mae and freddie mac, is that correct? >> actually it would be refinancing them through fha, which is part of hud. but the basic idea here, the president has taken important steps over the last six months to make sure that middle class families who are doing the right thing, paying their mortgages even though they're under water, would have the ability the refinance. the problem is if you happen to have a...
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Feb 1, 2012
02/12
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CSPAN3
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senator john thune who is putting forth legislation to stop of the big bonuses for fannie mae and freddie mac executives, and he will be here to talk more about that in 20 minutes. >>> meanwhile negotiators on the capitol hill in extending through the end of the year the payroll tax cut worth $1,000 for the typical worker, but lawmakers are far apart on how the pay for tex tepgs as well as jobless benefits for millions of unemployed americans without swelling the national debt, and the house senate panel beginning the negotiations on the payroll tax figuring out how the pay for it, and the lawmakers working on the conferee saying they will start with the second tier issues like overhauling unemployment insurance. secretary of state hillary clinton says that russia and other countries must ask themselves if they should stand with serious people or the dictator, and the secretary state saying that they are hoping to win council approval of the arab resolution, and calling on syrian president assad to leave power. russia, as we talked about in the last couple of days opposes the language that co
senator john thune who is putting forth legislation to stop of the big bonuses for fannie mae and freddie mac executives, and he will be here to talk more about that in 20 minutes. >>> meanwhile negotiators on the capitol hill in extending through the end of the year the payroll tax cut worth $1,000 for the typical worker, but lawmakers are far apart on how the pay for tex tepgs as well as jobless benefits for millions of unemployed americans without swelling the national debt, and the...
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Feb 1, 2012
02/12
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CSPAN2
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the bill -- and freddie mac act. our bill comes in the aftermath of a series of events that began last november when reports surfaced that the federal housing finance agency, fhfa, approved nearly $13 million in bonuses for ten executives at the enterprise -- that enterprise that supervises fannie mae and freddie mac. in response, senator thune and i spearheaded a bipartisan letter signed by 58 other senators to the fhfa acting director, edward demarco, and treasury secretary timothy geithner. we expressed outrage over these pay levels. almost three months after the letter was sent the pressure was on. government regulators were cutting the pay of executives they hired to replace the departing heads of fannie mae and freddie mac. also in response to our efforts, house finance services committee chairman spencer baccus introduced legislation suspending these bonuses and limiting future compensation packages for fannie and freddie employees. in november his committee passed the bill by a vote of 52-4. the begich-thune
the bill -- and freddie mac act. our bill comes in the aftermath of a series of events that began last november when reports surfaced that the federal housing finance agency, fhfa, approved nearly $13 million in bonuses for ten executives at the enterprise -- that enterprise that supervises fannie mae and freddie mac. in response, senator thune and i spearheaded a bipartisan letter signed by 58 other senators to the fhfa acting director, edward demarco, and treasury secretary timothy geithner....
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Feb 16, 2012
02/12
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MSNBCW
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right after that they came out with the iphone and it did well and mac books and mac book airs is doing well, too. they've got a good eco system of products. every march they've got to have a new ipad now. >> dan this would have been something in the pipe like that steve jobs most likely would have had a purview over, the features. >> understanding is there was a multi-year plan that steve jobs worked on so the next several generation of products are going to be things the had his fingers on. >> everybody get excited. it's coming your way. dan, great to see you. thanks so much. >>> all right, so, next up, the real reason mitt romney is having trouble hanging on to his front-runner status. >>> plus, how the record rise in interracial marriage is literally changing the american landscape as well as the economy. what do you get when you combine the home depot with this weekend? the cure for cabin fever. because with get-it-done savings on everything we need... we can turn this weekend into a fresh floor... or an updated bathroom... or a brand-new look. so let's hit those orange aisles, and
right after that they came out with the iphone and it did well and mac books and mac book airs is doing well, too. they've got a good eco system of products. every march they've got to have a new ipad now. >> dan this would have been something in the pipe like that steve jobs most likely would have had a purview over, the features. >> understanding is there was a multi-year plan that steve jobs worked on so the next several generation of products are going to be things the had his...
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Feb 1, 2012
02/12
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KRCB
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c re thivisóa icvs g administrati2latorivóacv of mac, in conservatorship@.ot quibble wit. >>the facts in@story. i belisay, loo@k,noc rec 2 have@ $20 s@noc thousands jv r ho@mesnoc rec 2 aivc rec 2% moit seems like a lot of@ >> tom:@ inos.c rec homeowner v chris "nonbc r"rec 2jvóacv toniv >> housing crisis t@o jo @noc rec 2 heads to the sunshinv we hear from a florida c.ec e 2v washington if the nation ke@ it has done in the exte@nding notac x off spending cuts-- thets, @ovem óah cvreports, thet dilemma is n @nor: if we cut theficit ri@ghti the bush tax@noc rec 2jvóacvng-e @defijvcióat cvwill drop dramat. c re>>c c redeficit, that wi@no c bu2t as mkvoróae cvbaby boomef our ec kvanc d rethc at2 counoc rec 2 detrillion.kvóacv >> tke,@not will be to makeause2 >> reporter:@noc rec 2kvóacvd kv the medi that sounds good on papetion ponolic tire@noc rec 2kvess report," washington.c rec 2kvóav noc as a stro month overall sha@ 2markkv noc rec 2kvóacvlvóacv january enk market, but it was o for the @noc re2 after some ong bnoesc freelc lr core tc o 2repairlvóacvomewhat,
c re thivisóa icvs g administrati2latorivóacv of mac, in conservatorship@.ot quibble wit. >>the facts in@story. i belisay, loo@k,noc rec 2 have@ $20 s@noc thousands jv r ho@mesnoc rec 2 aivc rec 2% moit seems like a lot of@ >> tom:@ inos.c rec homeowner v chris "nonbc r"rec 2jvóacv toniv >> housing crisis t@o jo @noc rec 2 heads to the sunshinv we hear from a florida c.ec e 2v washington if the nation ke@ it has done in the exte@nding notac x off spending cuts--...
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well i'm sure they'll look into freddie mac. to placate people just like the attorney general here in california looked into the five biggest banks who committed fraud found to have found them to have committed fraud and then basically gave them a hand out and said all of those families that were the victims of fraud well doesn't really matter here's a few scraps from the table for you to be quiet i think that the u.s. government is so tied in with the banks that even tied in an equal basis but i would say the banks actually sit above the government are the ones that are really dictating domestic and foreign policy that absolutely no politician in washington is going to come out with anything strong against the banks it's going to be that people from below organizing to do like what was done today were banks were shut down all over los angeles where people took militant action to send a message to the banks that if they're not going to do anything to help working families if the government is going to do anything to help working
well i'm sure they'll look into freddie mac. to placate people just like the attorney general here in california looked into the five biggest banks who committed fraud found to have found them to have committed fraud and then basically gave them a hand out and said all of those families that were the victims of fraud well doesn't really matter here's a few scraps from the table for you to be quiet i think that the u.s. government is so tied in with the banks that even tied in an equal basis but...
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Feb 7, 2012
02/12
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CSPAN
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eye 96
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second, this bill would bring fannie mae and freddie mac on budget. these enterprises rack up billions in liabilities hidden from the public and from taxpayers. last june the c.b.o. testified that it put the total cost of the mortgage commitments made by these two entities at $291 billion and that that cost would ultimately rise even higher. third, this bill increases transparency for information contained in agency budget requests, requiring that they be made public on the internet at the same time as they are provided to congress. government agencies have an obligation to taxpayers to justify every dollar spent in washington. madam chair, no budget process reform can substitute for political will when it comes to tackling our great of the fiscal and economic challenges. getting america back on track will require a senate and a president willing to get serious about the structural drivers of the debt and the continued impediments we have to economic growth. but being honest about the size and scope of our challenges, as this reform calls for, offers
second, this bill would bring fannie mae and freddie mac on budget. these enterprises rack up billions in liabilities hidden from the public and from taxpayers. last june the c.b.o. testified that it put the total cost of the mortgage commitments made by these two entities at $291 billion and that that cost would ultimately rise even higher. third, this bill increases transparency for information contained in agency budget requests, requiring that they be made public on the internet at the same...
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how is freddie mac or how has it been betting against homeowners?ory basically uncovered that on the one hand freddie mac has been making it harder for homeowners to refinance their loans. that's not a big secret. a lot of the industry has been making it harder and tightening. but what we showed was that freddie mac, based on public documents, had at the same time making it harder to refinance was also placing bets to the tune of 3.5 billion. now it looks like it might be $5 billion in these bets that make a lot of money if people are unable to refinance and that lose a lot of money if people can refinance. >> so that essentially was sending a message that freddie mac wanted to people to fail? they didn't even want to throw them a lifeline? >> well, you know, i wouldn't feel comfortable going that far but these bets just show that at least in this one investment that freed dee mack is making, it's got this $5 billion investment tied to 20 and $30 billion in home loans. so probably more than 100,000 american families who have mortgages, they are dire
how is freddie mac or how has it been betting against homeowners?ory basically uncovered that on the one hand freddie mac has been making it harder for homeowners to refinance their loans. that's not a big secret. a lot of the industry has been making it harder and tightening. but what we showed was that freddie mac, based on public documents, had at the same time making it harder to refinance was also placing bets to the tune of 3.5 billion. now it looks like it might be $5 billion in these...
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Feb 23, 2012
02/12
by
KNTV
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and today belonged to mac.he 3-year-old english springer spaniel was honored by the police department. he played a key role for sfpd. mac assist in the seizures of nearly $4 million in cash from drug trafficking and nearly 500 pounds of illegal drugs. mac got a special star from the police chief. >> it doesn't mean he hasn't been a member of the police department. it is just something that we felt, if there was ever a little guy that earned it, mac earned it. >> mac, you're a cop. >> he's a cop. unless you're a criminal, every time you see mac, he just smiles. >>> he is cute. now something else, the princess problem. a bay area author is in the midst of a tiara tiff. she says the focus on little girls role playing as princesses could have a harmful long-term impact on the women they eventually become. kris sanchez gives us a peek into the princess predicament. >> reporter: 10-year-old barbara knows a thing or two about princesses. >> i had, like, about 20 things when i was little. and when i go to the store, mo
and today belonged to mac.he 3-year-old english springer spaniel was honored by the police department. he played a key role for sfpd. mac assist in the seizures of nearly $4 million in cash from drug trafficking and nearly 500 pounds of illegal drugs. mac got a special star from the police chief. >> it doesn't mean he hasn't been a member of the police department. it is just something that we felt, if there was ever a little guy that earned it, mac earned it. >> mac, you're a cop....
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Feb 29, 2012
02/12
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FOXNEWSW
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and tack that on to the $185 billion we have already given fannie mae and freddie mac.says you are throwing money down a deep hole. but we keep doing it because, i think, these guys represent 80 percent or mine percent of all the mortgages and if we hurt them we hurt those mortgages. what do you say? >>guest: well, that is what the president would say, we have to keep these people around or you do not get a mortgage, but the problem is, these has made a lot of promises to the firms and the companies that want this money. so he feels like he has things he has to uphold there. but, the other issue, neil, when you look at a bailout and you throw money at a failing industry, a falling businesslike the housing market, for example, you could run the risk of ringing out of money and the auto companies did the same thing and that is where we are with fannie mae and freddie mac. >>neil: i would entertain if, if, if, if, scott, they were part of the big restructuring, the big investigations that have gone after banks and everyone but fannie mae and freddie mac. in other words the
and tack that on to the $185 billion we have already given fannie mae and freddie mac.says you are throwing money down a deep hole. but we keep doing it because, i think, these guys represent 80 percent or mine percent of all the mortgages and if we hurt them we hurt those mortgages. what do you say? >>guest: well, that is what the president would say, we have to keep these people around or you do not get a mortgage, but the problem is, these has made a lot of promises to the firms and...
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Feb 16, 2012
02/12
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CNBC
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and boosting the mac app store. they try to see if apple can continue its momentum. >> getting ready for the spring selling season in real estate. but we've had mixed data on housing rates lately. what's the outlook for spring comes up? >> spring is going to come down to two things. it's going to come down to jobs, and it's going to come down to consumer sent the. we got housing starts up for january. we learned that today. but it was really on the back of multi-family housing starts. that means a surge in rentals. there's a demand there, that's where they're building. single family came down a bit, not a good sign. mortgage delinquencies dropped in q-4. that's a good sign. but we still have a huge pipeline of distressed properties. as we go into spring, it's going to come down to that consumer who's starting to feel a little better about the economy. it's going to depend on what local market they're in, what they see in prices around them. and of course, if they have a job, maybe they'll say now is the time to get
and boosting the mac app store. they try to see if apple can continue its momentum. >> getting ready for the spring selling season in real estate. but we've had mixed data on housing rates lately. what's the outlook for spring comes up? >> spring is going to come down to two things. it's going to come down to jobs, and it's going to come down to consumer sent the. we got housing starts up for january. we learned that today. but it was really on the back of multi-family housing...
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Feb 17, 2012
02/12
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KGO
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that means you can even text a mac from the iphone and vice versa. twitter is more deeply integrate add louing users to tweet with a click z you can play anything on the mac on your television series via apple tv. the system just as microsoft is preparing a version of windows. shares are still just over 5% but it's growing faster than ever. the company hasn't disclosed pricing for the upgrade yet but says it will be available from the online mac app store later in the year, taking a look at markets today, stocks sending s and p near highest level in almost three years, better than expected data showed improvement in the u.s. job and housing markets. and investors were optimistic that greece may receive a second bailout. your bloomberg index ending the day higher on gains in apple and ebay. and facebook values slipped 5% in just a week. and ipo shares trade on private market and a recent auction had facebook trading at $42 a share giving a evaluation of $98 billion. down from last week when trading for $44 a piece. facebook filed for an ipo february 1
that means you can even text a mac from the iphone and vice versa. twitter is more deeply integrate add louing users to tweet with a click z you can play anything on the mac on your television series via apple tv. the system just as microsoft is preparing a version of windows. shares are still just over 5% but it's growing faster than ever. the company hasn't disclosed pricing for the upgrade yet but says it will be available from the online mac app store later in the year, taking a look at...
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Feb 6, 2012
02/12
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MSNBCW
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>> i would certainly start to wind down fannie mae and freddie mac.y haven't been downsized at all since september 2008 when they were put in conservatorship. if you compare it to similar, they have had control of the trust corporation in the '80s, they immediately started downsi downsizing. they can put them in receivership. they can start doing that immediately. >> isn't the problem if they put them in receiver shship it will force a debt restructuring that will seize up the big banks? >> ip don't see that happening. >> can i explain to you how it could happen? the big banks are pretending that the second liens are worth 80 cents on the dollar. when you start to restructure the first mortgage in the open market, you render the second liens 0, which annihilates the balance sheet. it's the same if you put swaps on exchanges. whether it's restructuring at fannie or the first lien in the bond market or my swaps market, the very reason none of these ideas ever happen is because if you were to do them, it would force a complete restructuring of wells farg
>> i would certainly start to wind down fannie mae and freddie mac.y haven't been downsized at all since september 2008 when they were put in conservatorship. if you compare it to similar, they have had control of the trust corporation in the '80s, they immediately started downsi downsizing. they can put them in receivership. they can start doing that immediately. >> isn't the problem if they put them in receiver shship it will force a debt restructuring that will seize up the big...
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Feb 16, 2012
02/12
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CNBC
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apps for my mac, hey, jon? >> that's right, tyler.vestors should understand today's apple announcement. apple sold more than 60 million iphones, ipads and ipod touches. now apple is looking to convert those legions of ios users into mac users in part making them work more like ipads which started in earnest with the last release, lion. now up marginally with the broader market. mountain lion icloud. access and store files on the internet. twitter built into the os as the default social network making ilt easier to share. a mac version replaces that and somewhat ominously named gate keeper lets you determine ahead of time what apps get to run on the system. built as a security features and the bias toward getting people to download from the mac app store. support for chinese language input and chinese services. this is the biggest market. and also interesting here the ipad, there's kind of conflicting reports on how much it's been halted sales in china because of all of these trademark concerns that we've been talking about this week.
apps for my mac, hey, jon? >> that's right, tyler.vestors should understand today's apple announcement. apple sold more than 60 million iphones, ipads and ipod touches. now apple is looking to convert those legions of ios users into mac users in part making them work more like ipads which started in earnest with the last release, lion. now up marginally with the broader market. mountain lion icloud. access and store files on the internet. twitter built into the os as the default social...
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Feb 28, 2012
02/12
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WGN
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>>no longer 69th and sangamon it's bernie mac st.aries and family members turned out to see what was named after someone who grew up bernard mccullough ... his popularity was huge but he never forgot his roots ... he always referred to chicago as his home ... >>hull bittersweet this is bike to able to be stand in here right now and be able to show my daughter his granddaughter something that honors him warms my heart >>bernie mac found a foundation that worked to find a cure for the disease that killed him ... >>navy pier is offering special discounts this year in honor of leap year people will be able to enjoy free rides on the ferris wheel and free parking on wednesday as well as 29¢ admission to the chicago children's museum the museum of science and industry is also offering a few special discounts this wednesday the museum is offering free general admission for people who live in illinois about the science of leap yea late february typically means that we have to get out our snow shovels ... >>well that will be true in the upper
>>no longer 69th and sangamon it's bernie mac st.aries and family members turned out to see what was named after someone who grew up bernard mccullough ... his popularity was huge but he never forgot his roots ... he always referred to chicago as his home ... >>hull bittersweet this is bike to able to be stand in here right now and be able to show my daughter his granddaughter something that honors him warms my heart >>bernie mac found a foundation that worked to find a cure...
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Feb 29, 2012
02/12
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CNBC
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the commercials are you a pc and are you a mac. this looks more like a mac than pc.eople like the familiarity of the start button. things we're accustomed to. >> i think the pc folks can't cry because the old pc is still there. it's windows 7 under the lid. then meanwhile, this gives i think microsoft a fighting chance at tablets and phones because it's not just a total ripoff. it's a new approach. they've really sweated the details. this thing is free to download for anyone right now for people to make their decision. >> you say they're innovating. it seems they're doing what they've always done. generally speaking the whole windows format followed the innovations that were created by apple. and microsoft were always playing catch-up. are they still doing that here? >> exactly so. this all builds off what apple did. no question about it. although it's not just a xerox copy like android did. the thing about dragging your fingers in from edges, it's been done on phone but it's new for an operating system. i think microsoft felt the pressure to do something a little fr
the commercials are you a pc and are you a mac. this looks more like a mac than pc.eople like the familiarity of the start button. things we're accustomed to. >> i think the pc folks can't cry because the old pc is still there. it's windows 7 under the lid. then meanwhile, this gives i think microsoft a fighting chance at tablets and phones because it's not just a total ripoff. it's a new approach. they've really sweated the details. this thing is free to download for anyone right now for...
SFGTV2: San Francisco Government Television
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Feb 28, 2012
02/12
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SFGTV2
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i use a mac at home. the only difference to me is i think the mac is prettier. i just joined facebook in the past year. i have for the friends. [laughter] -- 40 friends. i joined twitter around the same time. i have no followers. i changed pseudonyms a dozen times. i sent messages to politicians and athletes to congratulate them on living after loss. despite all of this, i am here with you, the most tech-savvy people of all. i am grateful. i will not understand most of what you talk about, but i will listen carefully, and may be able to parrot back a phrase or two. i have very good memory. the pact follows award honors 20 individuals for their outstanding achievement in one of four critical areas of entrepreneurship -- general management, disruptive innovation, product marketing, and engineering. for each category, 5 tech fellow awards will be permitted. to be fair, ask everyone to hold their applause until all the winners have been named. i always find it difficult, so i apologize. tonight, we recognize the men and women who have revolutionized the way we commu
i use a mac at home. the only difference to me is i think the mac is prettier. i just joined facebook in the past year. i have for the friends. [laughter] -- 40 friends. i joined twitter around the same time. i have no followers. i changed pseudonyms a dozen times. i sent messages to politicians and athletes to congratulate them on living after loss. despite all of this, i am here with you, the most tech-savvy people of all. i am grateful. i will not understand most of what you talk about, but...
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Feb 10, 2012
02/12
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KSTS
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de vivienda meda 1:55 las personas que tienen prestamos que los duenos de este prestamo se freddie maco fannie mae no pueden calificar para esto, ellos tienen que continuar con los programas del gobierno 2:05 duenos de casa emproblemados con sus prestamos como maria, podran recibir modificacione s de sus hipotecas, reduccion de los intereses e incluso de los balances como parte del acuerdo...eso es lo que necesita maria... maria villarreal/busca una modificacion de wells fargo 29:20 no duermo no tengo paz no tengo tranquilidad ni mi esposo ni mis hijos ni yo ha sido una cosa bien bien terrible para nosotros 29:30 ella tiene su prestamo con wells fargo, y potencialment e se podria beneficiar, pero esta lejos de celebrar. 29:50 han prometido tantas cosas pero nunca se han cumplido 29:52 30:05 pues la verdad hasta no ver la realidad hasta entonces yo me voy a poner contenta 30:09 para las personas que ya perdieron su casa, si esto ocurrio entre septiembre de 2008 y el final del 2011, el acuerdo establece darles un restitucion de mil quinientos a dos mil dolares. kevin stein/coalicion para
de vivienda meda 1:55 las personas que tienen prestamos que los duenos de este prestamo se freddie maco fannie mae no pueden calificar para esto, ellos tienen que continuar con los programas del gobierno 2:05 duenos de casa emproblemados con sus prestamos como maria, podran recibir modificacione s de sus hipotecas, reduccion de los intereses e incluso de los balances como parte del acuerdo...eso es lo que necesita maria... maria villarreal/busca una modificacion de wells fargo 29:20 no duermo...
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Feb 29, 2012
02/12
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CSPAN3
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we're looking at the boiler mac, that it is set for finalization in late spring of this year. >> see the red light on. i yield back. >> i recognize the gentlelady from florida, ms. castor. >> thank you. welcome. citizens across america value clean air and clean water. so i want to thank you and everyone at epa for what you're doing to protect our air and our water and for your partnership with states and local communities. now, two of the most important partnerships with our local communities involve the state -- the clean water and safe drink water loan programs. these are the vital dollars that help with storm water infrastructure, replacing old pipes. waste water infrastructure that's not real exciting, but they are vitally important when it comes to keeping our neighborhoods clean and our water bodies clean all across the country. they're important job creators too and the recovery act gave us a nice shot in the arm to help create jobs while at the same time leaving with us a lasting legacy of important infrastructure improvements. the issue is that the needs all across the count
we're looking at the boiler mac, that it is set for finalization in late spring of this year. >> see the red light on. i yield back. >> i recognize the gentlelady from florida, ms. castor. >> thank you. welcome. citizens across america value clean air and clean water. so i want to thank you and everyone at epa for what you're doing to protect our air and our water and for your partnership with states and local communities. now, two of the most important partnerships with our...
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Feb 10, 2012
02/12
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KSTS
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una de las cosas que mas necesitamos es seguir presionando a freddie mac y fannie mae porque ellos sona mayoria de los prestamos en california y quienes se han rehusado totalmente a hacer alguna reduccion en los balances.... pilar nino se espera que tome un tiempo en implementarse los alivios frutos de este acuerdo judicial....well s fargo ha dicho que los tendra listos a partir del primero de marzo....pilar nino telemundo. cu ---mas de 500 conserjes marcharon hoy por las calles del valle del silicio... take vo ....para expresar su descontento por la desigualdad que existe entre la clase trabajadora y los mas acaudalados. ---en el recorrido se les unieron lideres comunitarios, eclesisticos y de la comunidad en general. ---segun algunos manifestantes, el poder econmico del uno por ciento de la poblacion de los estados unidos, ha causado la reduccion de ingresos de las familias de la clase media y de los pobres. take sot senora dice: " ya estamos cansados del uno porciento que nos siga atacando, que nos sigan, este, utilizando." vo ---la marcha fue parte de una accion coordinada a nivel
una de las cosas que mas necesitamos es seguir presionando a freddie mac y fannie mae porque ellos sona mayoria de los prestamos en california y quienes se han rehusado totalmente a hacer alguna reduccion en los balances.... pilar nino se espera que tome un tiempo en implementarse los alivios frutos de este acuerdo judicial....well s fargo ha dicho que los tendra listos a partir del primero de marzo....pilar nino telemundo. cu ---mas de 500 conserjes marcharon hoy por las calles del valle del...
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Feb 16, 2012
02/12
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WMAR
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when it reaches 70 points ticket holders can use the stubs to get a free big mac. he delivered good. he footed the bill yesterday for 200 big macs. >>> and iowa town is considering a ban at parks and facilities t would require people visiting to cover their body art and ditch piercings. and there is a fine line between protecting individual rights. and it has sparked backlash. a tattoo artist said he can see where they are coming from but it's not that simple at the end of the day it comes down the rights of people. >>> check on weather. >> all right. and temperatures are mild like they were yesterday. and 38 in baltimore. dc 42 and 34. along the eastern shore. york, pennsylvania around 30. we are the below freezing. and they are looking at a bit of a mix across the area. we're seeing light snow and drizzle. we will be above freezing rain is pushing in. you can see the bulk in the ohio valley. high pressure off the coast. we will have low pressure and a front ahead of it though we'll gets warm air moving in. and what is going on. follow the time stamp here. it look
when it reaches 70 points ticket holders can use the stubs to get a free big mac. he delivered good. he footed the bill yesterday for 200 big macs. >>> and iowa town is considering a ban at parks and facilities t would require people visiting to cover their body art and ditch piercings. and there is a fine line between protecting individual rights. and it has sparked backlash. a tattoo artist said he can see where they are coming from but it's not that simple at the end of the day it...
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Feb 21, 2012
02/12
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WBFF
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how scientists can now grow a big mac in a lab...d oww much it costs. 3 3 3-inner harbor live look today is tuesdayy february 21st. 3 3 3 3 3 a bill allowing transgendered people to use which ever bathroom they want will be voted on today in baltimore county.it's a proposal that comes after this fight inside a rosedale mcdonalds... natsyou can see chrissy poliss.. a transgenderee woman... being beaten.while the bill hopes to stop this kind of behavor... many people are still against it.megan gillillnd is here withhmore on the controversy surrounding the bill. good morninn patrice, councilmanntom quirk is a lead of that... this was the scene outsideehis district office in catonsville yesterday. you can ee a group of people holding up signs and sppaking out aaaiist a bbll that would allow transgender people to want.while supporters of the bill say it's necessary to make sure that transgendered people aren't discriminated against when it comes to employment and houssng... protestors say they're fighting it to protect their chillren. "re
how scientists can now grow a big mac in a lab...d oww much it costs. 3 3 3-inner harbor live look today is tuesdayy february 21st. 3 3 3 3 3 a bill allowing transgendered people to use which ever bathroom they want will be voted on today in baltimore county.it's a proposal that comes after this fight inside a rosedale mcdonalds... natsyou can see chrissy poliss.. a transgenderee woman... being beaten.while the bill hopes to stop this kind of behavor... many people are still against it.megan...
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Feb 14, 2012
02/12
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CSPAN3
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fannie mae and freddie mac and that's the next place we need to go. let me be clear, by know means is this the whole solution or the end of the problem. first, i think we need tide lot of work to make sure this agreement itself is implemented. i think we move forward in good faith that we'll be able to get the relief for people that this agreement is designed to effect. that's step one. secondly, it's not everybody. and it doesn't deal with, remember, the things that got carved out. all the the attorney's general that said we won't sign an agreement unless we can carve out some securitization claims. some criminal investigations. in massachusetts we had very specific claims around holding mortgages before you can foreclosure. we carved out of this agreement. i want to be clear this is only one piece of a much larger puzzle and we've done some work in the past and brought over $600 million back to homeowners massachusetts in origination claims and securitization claims and this piece will help for those homeowners who are eligible but there's still lot
fannie mae and freddie mac and that's the next place we need to go. let me be clear, by know means is this the whole solution or the end of the problem. first, i think we need tide lot of work to make sure this agreement itself is implemented. i think we move forward in good faith that we'll be able to get the relief for people that this agreement is designed to effect. that's step one. secondly, it's not everybody. and it doesn't deal with, remember, the things that got carved out. all the the...
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Feb 6, 2012
02/12
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WMAR
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mac? >> that's a good way to finish, all of us agreeing on the same thing. it's real.f you guys really want to see a flip, i'll show you one. >> oh! >> as always, mac, love having you on the show. it's weird but fun. >> great. >>> ho 42 st. bernards on a walk? >> very carefully. >> not really, beth. this is on an island which is in vancouver, canada. and i have to say, this is the most incredible sight i've seen in sometime. 42 st. bernards. >> why does this person have 42 st. bernards? this is laskitte's st. bernards. it's a kennel. people are amazed they have 42 st. bernards not on leashes, just walking around exploring. >> how do you tell them apart? >> they all don't look alike, stooec steven. >> i don't know, that would be tough. >> this family breeds championship st. bernards. >> because it's in a forest setting, you feel like you just came upon a forest full of wild st. bernards. ♪ look at this video. this is from a few weeks ago. this is in the snow. and they only have 34 st. bernards during this walk. listen to the sound, though. >> isn't this awesome? >> no.
mac? >> that's a good way to finish, all of us agreeing on the same thing. it's real.f you guys really want to see a flip, i'll show you one. >> oh! >> as always, mac, love having you on the show. it's weird but fun. >> great. >>> ho 42 st. bernards on a walk? >> very carefully. >> not really, beth. this is on an island which is in vancouver, canada. and i have to say, this is the most incredible sight i've seen in sometime. 42 st. bernards. >>...
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Feb 1, 2012
02/12
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CNBC
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we did that with our own authority working with fannie mae and freddie mac. about 3.5 million other owners that have mortgages that aren't insured by fannie or freddie or fha, would have that same opportunity to refinance, as long as they're current, paying, and underwater. >> now, mr. secretary, we know that the plan has to be passed by congress. congress has already rejected similar plans twice in the last year. we know how divisive washington is right now. it's an election year. how likely is this really to pass? >> look, when we announced the changes around fannie mae and freddie mac, there was broad bipartisan support. whether it was senator boxer working together with senator isa isaacson to propose their own legislation around this, or another range of supporters. the reason for that, of course, is that economists across the board, from republican to democrat and everything in between, believe that this is one of the most important things that we can do, not only for the housing market, but also to boost consumer spending. it's about $3,000 a year on a
we did that with our own authority working with fannie mae and freddie mac. about 3.5 million other owners that have mortgages that aren't insured by fannie or freddie or fha, would have that same opportunity to refinance, as long as they're current, paying, and underwater. >> now, mr. secretary, we know that the plan has to be passed by congress. congress has already rejected similar plans twice in the last year. we know how divisive washington is right now. it's an election year. how...
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Feb 2, 2012
02/12
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KBCW
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the whole will never be matched the dot mac performers profits echoed that thought. he was the friend and we mourn his loss. cornelius was found dead about an apparent self-inflicted gunshot with early wednesday morning according to los los angeles police. friends say he had fallen ill in recent years although details of the illness had not been made public. he was 75. his famous soul train signoff, fitting tribute to all men who brought heart and soul to television. ictory, hundreds >>> by would have done otherwise - - has been on the rise in egypt. sticks and stones were thrown at the players of the other team adequately turned into the stampede. many people were killed and injured. angelo dundee, the man on the right, dies at the age of 90. he helped mohammed ali in the corner all those years. >>> to jam it down, but braun at 40, but miami loses tonight. >>> morgan got to practice with the sharks won before he was lost. >> i love hockey. not too many african-americans especially in the state of san jose can actually relate, though i'd like to encourage people to c
the whole will never be matched the dot mac performers profits echoed that thought. he was the friend and we mourn his loss. cornelius was found dead about an apparent self-inflicted gunshot with early wednesday morning according to los los angeles police. friends say he had fallen ill in recent years although details of the illness had not been made public. he was 75. his famous soul train signoff, fitting tribute to all men who brought heart and soul to television. ictory, hundreds...
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Feb 11, 2012
02/12
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KRON
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we have a big mac, a large fry, and this is about 1,340 calories, and we see with the big mac, we have two burgers, three slices of bread, and their special sauce, which is loaded with calories and fat. >> so that's a lot of calories over here. >> it's a whole lot of calories. >> what do we have over here? >> here is a regular hamburger, a small fry, and a small soda. and this is only about 630 calories. so you've been able to cut out half of your calories if you make that choice. >> so, since you're withid your 700, 800 limit, are you able to eat this every day for lunch? >> well, i don't think i'd make that choice. you really are not getting the fruits and vegetables that you need. so there's a lot more nutrition that you should be getting on a daily basis. >> i think my mother would agree with you. of course, if you switch the fries for a salad and the soda for low-fat milk, you can enjoy your occasional hamburger with far less guilt. for "health bites," i'm nicole. e >> you're doing something right now that's an important part of our democracy -- watching the news. in washington, d
we have a big mac, a large fry, and this is about 1,340 calories, and we see with the big mac, we have two burgers, three slices of bread, and their special sauce, which is loaded with calories and fat. >> so that's a lot of calories over here. >> it's a whole lot of calories. >> what do we have over here? >> here is a regular hamburger, a small fry, and a small soda. and this is only about 630 calories. so you've been able to cut out half of your calories if you make...