mr. couch, and ms. schwartz, could you talk if you believe such an approach would be effective and then mr. hopkins, could performing thresholds get servicers to perform better on behalf of investors and borrowers? and at the same time avoid placing undue loan by loan regulatory burden on community banks that service loans? >> sure. so, there are already in a sense performance thresholds. fannie mae and freddie mac today have time lines required of foreclosure processes, they measure them against state law and other efforts, how long it takes to foreclosure on a loan and there are incentives in place for servicers to perform under their guidelines. certainly there are really great things being done by the small and special services out there, many who are members of hope now, who all they do is high high tough and feel and help borrowsers who are in stress. the larger stops -- shops of both performing and nonperforming aspects to their departments and have a lot of performing loans they deal with versus

one of the interesting things with mr. couch, you notice the routine has been to grab a cup of juice along with the food tray. mr. couch doesn't grab any juice because his intention is not to sit down to a meal. touches the day, just rammed it right into his face. right into the orbital socket. and was immediately punching him with everything he could get, several times slams to the ground. one time had him in a reverse head lock and drove his head into the floor. >> what our protocols in the sheriff's department calls for is the officer waits for backup before breaking up the fight so as to the not to endanger himself. as soon as he sees the entry of the team, he's moving to break up that fight. there they do, and they remove the combatants, separate them fairly quickly. >> gonzalez who is awaiting trial on an armed assault charge to which he's pled not guilty was immediately taken to the jail infame aary for treatment of his injuries to his right eye and head. >> did you get any good swings? >> i don't know. i tried. i was hur

mr. robert couch is a counsel at the farm of bradley, aren't, bull, cummings, l.l.p., and the former general consul at h.u.d. and finally we have professor peter swarr who is appearing before the committee via tell conference. he is a professor of law at the ohio state university and also a senior fellow at the center for american progress. welcome, all of you here today, and thank you for your time. mr. hopkins, you may proceed. >> thank you, chairman johnson, senator corker, members of the committee, i am jack hopkins, president and c.e.o. of core trust bank, a $660 million asset bank in south dakota. as a third generation community banker, i am pleased to represent icba's nearly 5,000 members as this important hearing. as this committee considers the development of national mortgage servicing standards, i have an important point to make. community banks are successfully servicing their portfolios and don't have the widespread servicing problems reported in the press. i urge you to ensure any effort to create national standards does not added regulatory burden of community banks, we must p

thank you. >> mr. couch, you may proceed. >> good morning, chairman johnson, senator corker, and other members of the committee, thank you very much for letting me appear today to let me talk about this important issue. i'm not going to spend a lot of time on my background, but to establish my bona fides, president of fannie mae, chairman of the mortgage bankers association and chairman of the bankers association of alabama as well. first and foremost, i'm not here to defend the industry or be an apology for the industry. mistakes have been made and there's been some abuses of particular processes, but i am here to speak about three issues -- certainty, fairness, and state law, and i'd like to cover all three in the limited amount of time i have. i'd like to start by telling you a story about the last time i refinanced my own morning ten years ago, and the agent handed me a 15-page long document, a mortgage. he said, do you know what it means? i said, well, i think i do, but tell me what you think. it's simp

one of the interesting things with mr. couch, the routine has been to grab a cup of juice along with the food tray. he doesn't grab any juice because his intention is not to sit down to a meal. touches to the tray, rammed it right into his face, right in the socket. and was immediately punching him with everything he could get, several times slams to the ground. one time had him in a reverse head lock and drove his head into the floor. >> as soon as he sees the entry of the team, he's moving to break up that fight. there they do, and they remove the combatants, separate them fairly quickly. >> gonzalez who is awaiting trial on an armed assault charge to which he's pled not guilty was immediately taken to the infirmary for treatment to his right eye and head. >> did you get any good swings? >> i don't know. tried. i was hurt. he got me good with the tray. >> while the attack on gonzalez was severe, it was prompted by a seemingly minor matter. >> that fight actually occurred because alex gonzalez owed darrel couch money for chess

. >> mr. couch your testimony you argued that homeowners have not been harmed by the problems in mortgage servicing. do you disagree with the assessment and the required changes imposed by the federal banking regulators and the f h h a? >> in my testimony, i said that in the event a borrower has been damaged, he or she should be entitled to be made whole for those damages. in terms of harm, it is important to keep in mind that in the case of foreclosures in this process, the length of time during that 400 plus days, depending on what state you are in, that bar were is not monetarily damaged. it is rent free, so to speak, during that time. there are in place in all 50 states mechanisms for making the borehole if there are damages. in every state -- in every case they should take place. it is important to take a look at who is actually been damaged in the process brigid. >> my time has expired. >> go ahead. >> i will proceed to the second round if need be. senator. >> i would be more than glad for you

mr. boswell, thank you very much for that live report from our d.c. bureau. joining us live on the curvy couch mill whoer has interviewed qaddafi many, many times. >> as well as his sons. >> we had dinner in vienna when he still had a nice house that hasn't been confiscated. now it has been. >> ok, so qaddafi currently out of the picture. his son out of the picture. that leaves the number three guy. >> right. >> where would he be? >> well, my sources told me overnight the three hours that i've had awake that he is in tunist. now, this is the indispensable intelligence chief and the man who really is his brother-in-law, the closest person who qaddafi that we know. if he's fled, it raises lots of questions about where qaddafi is. >> and where he went is interesting because isn't that -- isn't tunisia where his wife and kids were sent to months ago? >> i believe that's where they were. we don't know. i don't know. maybe somebody does exactly where they are. what's really important is that the rebels now say that they have learned the lessons of iraq. and that they are not going to leave their key