>> before mr. walsh, could you all respond to whether the service and pricing -- the servicing pricing -- it was priced itlots -- what is an appropriate length of time for foreclosure? it is different in different states. they are both incredibly long. how long should a foreclosure process take? is it 90 days, 100 days? it is probably not 492 days. lastly, the issue of conflicts. we talked more about the mechanism of servicers. we had an amendment on the floor which we were unsuccessful in passing over the last year? but there is a built-in conflict with servicers will end up having home-equity loans and others. that, to me, is a huge issue that we need to deal with. in many cases, they are putting their interest ahead of the first mortgage. it greatly change is property rights. with a bat, i will stop and thank you for the latitude. >> do you want to quickly respond to that? >> on the systemic peace, there is a systemic risk here. it is on like the market crisis in 2008. it is something that appears to

i think mr. walsh credit for the tip that led to this gentleman that took his life so everybody's getting into the game with their own theories. >> one of the things that tmz reporting saying they have a copy of the will, multi-million dollar, one of the copies they obtained. and there were also some details in there about what was left to whom and a family member may have been not exactly left out of the will but not really left a lot of money. like $10. >> let's -- >> sticking to someone. >> you left out of the will, now going to kill the person but you're not getting anyt >>> up next, >>> up next, a sharp shooting cop tells us exclusively about the split-second decision that saved a woman's life as she was inside a burning suv. this is "the early show" on cbs. at purina one, we want your dog to be as healthy as possible. so, we set out to discover the science in some of nature's best ingredients. we created purina one with smartblend. new, delicious shredded morsels and crunchy bites, with real meat

. >> mr. walsh. >> thank you.ciate the opportunity to discuss the improprieties in the foreclosure process and the steps being taken by the officer of the comptroller to adjust them. when i appeared in september, i described early steps to address the foreclosure problems. i can report to date that we have greatly expanded those efforts to address the critical problems, working with other government agencies. the shoddy practices that have come to light including improperly executed documents are absolutely unacceptable. they raise questions about the integrity of the foreclosure process and concerns about whether some homes may have been improperly taken from their owners. we are moving aggressively to hold banks accountable and fix the problem. as problem loans surged, our primary purpose was on efforts to prevent foreclosures with loan modifications. we sold an inordinate number of modifications initiated in 2008 were revolting. we directed national bank services to take corrective action. we have seen a sharp

mr. walsh's team this year. >> we will be right back with the kron 4 morning news, weather and traffic infew moments. bay bridge toll plaza, light traffic leading up to christmas. [ female announcer ] safeway talks gift ideas. music makes a great gift. i like rock, hip-hop, country... and you are telling me this, why? i...uh...thought you might be my secret santa? no. i'm giving for skunk. uh, i can hear you. no. not you. the other skunk. [ female announcer ] safeway is the place to stock up on itunes gift cards. right now, save $6 on a $40 4-pack. keep 'em on hand. only at safeway. ingredients for life. welcome back to kron4, time ran out 9:15 a.m. tuesday morning, when they close to christmas. they could have a white christmas in the sierra. storm tracker 4, shows as what's going on we are free of what weather at the northwest and datasets. and this evening in is going to change, storm tracker 4 as resume into less and less, from area's this morning heavy rain, severe weather stretching from boston is to sand it less san leandro. heavy rain to the north, we're in the clear a few spotty