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Oct 7, 2015
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heather: and i' someone you don' t want looking into your business is now asking newscenter 5' s phil lipof is at phil: new york' s attorney that he is opening an inquiry into both draft kings and fan duel -- both billion dollar microscope -- after an employee from one company won $350,000 from the other. an employee for one of the two big fantasy companies, draft kings, based in boston -- won $350,000 on rival site fan duel. that happened the same week he inadvertently posted information on what nfl players were being picked the most in fantasy draft line-ups. that' s esentially insider information. his name is ethan haskel, and he
heather: and i' someone you don' t want looking into your business is now asking newscenter 5' s phil lipof is at phil: new york' s attorney that he is opening an inquiry into both draft kings and fan duel -- both billion dollar microscope -- after an employee from one company won $350,000 from the other. an employee for one of the two big fantasy companies, draft kings, based in boston -- won $350,000 on rival site fan duel. that happened the same week he inadvertently posted information on...
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Oct 29, 2015
10/15
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phil lipof is at the breaking news desk. phil investigators are turning : their attention to a little known airline that will now get a lot of attention. dynamic airways flight 405 was headed to caracas, venezuela. flames broke out in an engine of the boeing 767 as it prepared for takeoff at. -- at about 12:30 p.m. passengers and crew evacuating by the emergency slides. the pilot of another airline reporting a fuel leak just before the fire. >> one person sustained serious injuries, burn injuries. i don' t know if it was a crew member or passenger. we have not gotten that information yet. there were two less serious injuries, and then the remaining 12 were what we call walking wounded. phil: dynamic is a small airline that connects fort lauderdale, new york, venezuela and guyana. it began servicing caracas in july after government policies in the economically strapped nation led major airlines to pull out. heather: sixty students sickened. several rushed to the hospital. and right now, the cause is
phil lipof is at the breaking news desk. phil investigators are turning : their attention to a little known airline that will now get a lot of attention. dynamic airways flight 405 was headed to caracas, venezuela. flames broke out in an engine of the boeing 767 as it prepared for takeoff at. -- at about 12:30 p.m. passengers and crew evacuating by the emergency slides. the pilot of another airline reporting a fuel leak just before the fire. >> one person sustained serious injuries, burn...
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Oct 21, 2015
10/15
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newscenter 5's phil lipof has those at the breaking news desk. >> you're right, heather. ryan says he will run for speaker if several conditions are met. ryan told house republicans tonight that he'll be a candidate for the job, but only if he's a consensus candidate, not someone who wins the job with barely enough votes. he's giving the republican caucus until friday to decide >> if i can truly be a unifying figure, then i will gladly serve. and if i'm not unifying, that will be fine as well. >> utah congressman jason chaffetz, who was a candidate for speaker, has withdrawn, calling ryan "the right person at the right time." ryan says the decision to run involved very personal considerations, including losing time with his children. but he says the consequences of not running outweighed any doubts he had. ed: new at 11 tonight, a u-mass medical school doctor is facing charges, accused of taking a picture of a woman in a bathroom. a clerk magistrate has found probable cause to charges dr. marcus cooper. the 46-year-old is accused of taking a picture of a woman in a bathro
newscenter 5's phil lipof has those at the breaking news desk. >> you're right, heather. ryan says he will run for speaker if several conditions are met. ryan told house republicans tonight that he'll be a candidate for the job, but only if he's a consensus candidate, not someone who wins the job with barely enough votes. he's giving the republican caucus until friday to decide >> if i can truly be a unifying figure, then i will gladly serve. and if i'm not unifying, that will be...
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Oct 21, 2015
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heather: newscenter 5's phil lipof is here with >> jim cook has had success. he is looking to help others do the same. he is looking far good story, a product and the passion to back it up. >> i love beer. >> of course he does! and we were with jim koch last night in his pitch room. >> the pitch room is like shark tank but with nice people. >> he calls it "brewing the american dream." the goal, to help small businesses get to the next level so food and beverage start-ups stand before aitch their product. they have two minutes. >> my name is ziggy goldfarb and i am the owner and head pickle maketr at fox point pickle company.l of good in all mankind. >> today aveyo is the cleanest and healthiest product in the mayo category >> everything from avocado mayonnaise, spicy pickles to beer and coconut butter, even cookies you eat in just two bites. pointed questions from the panel, deliberation then a winner. >> brian cahill at aveyo. >> avocado mayonnaise, a fifth of the fat and a third of the calories of regular mayo made with fresh avocados. >> im extremely excite
heather: newscenter 5's phil lipof is here with >> jim cook has had success. he is looking to help others do the same. he is looking far good story, a product and the passion to back it up. >> i love beer. >> of course he does! and we were with jim koch last night in his pitch room. >> the pitch room is like shark tank but with nice people. >> he calls it "brewing the american dream." the goal, to help small businesses get to the next level so food and...
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Oct 28, 2015
10/15
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wcvb newscenter 5 ' s phil lipof has more. phil? phil: it was an 11:00 a.m. algebra class at spring valley a 16-year-old female student was accused of being disruptive, some students say she was texting, chewing gum, and refusing to leave. a school resource officer is called in, walks over to the student, shuts her lap top, and moves it away. she resists, and the situation escalates. resource officer: either you are going to come with me or i am going to make you. phil: a second video shot by ground. he grabs her arm, she puts her arm up, then his other arm goes around her neck and he violently across the room. you can see the other students watching in silence. one did try to defend her classmate only to be arrested herself. the school resource officer is identified as 34-year-old ben ds, a deputy sheriff and football coach at the high school. his colleagues are outraged. tonight, he is on suspension. ed: and police say an undercover officer was conducting an and -- an investigation undercover and shoots this victim. but he will my be charged. heather: and r
wcvb newscenter 5 ' s phil lipof has more. phil? phil: it was an 11:00 a.m. algebra class at spring valley a 16-year-old female student was accused of being disruptive, some students say she was texting, chewing gum, and refusing to leave. a school resource officer is called in, walks over to the student, shuts her lap top, and moves it away. she resists, and the situation escalates. resource officer: either you are going to come with me or i am going to make you. phil: a second video shot by...
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Oct 31, 2015
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newscenter 5's phil lipof reporting it all started in broad daylight in the back bay. jase dillan: just because something is not technically illegal doesn't make it right. phil: that's what local musician jase dillan was thinking thursday on newbury street when she did this. jase dillan: i'm videotaping you the way you were videotaping me. phil: she said she saw this man-- whose face we're blurring because he's not accused of a crime-- with a camera taking video at an angle that just didn't seem right. jase: i could see his viewfinder. and i watched him for about 10 minutes zooming in on females' crotches and backsides. phil: but when dillan says the man turned that camera toward a couple of girls who looked very young, she lost it. jase: does this make you uncomfortable? phil: what she was doing was following him and rolling on her own video for blocks. jase: am i making you uncomfortable? you don't like being filmed phil: and she got louder too. jase: you don't like being filmed without permission? because that's what you've been doing. there's footage of me on that c
newscenter 5's phil lipof reporting it all started in broad daylight in the back bay. jase dillan: just because something is not technically illegal doesn't make it right. phil: that's what local musician jase dillan was thinking thursday on newbury street when she did this. jase dillan: i'm videotaping you the way you were videotaping me. phil: she said she saw this man-- whose face we're blurring because he's not accused of a crime-- with a camera taking video at an angle that just didn't...
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Oct 2, 2015
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phil lipof is track it. phil. phil: police say he was armed with three guns, two handguns and a rifle. the candlelight vigil you showed is being held right fou on campus as investigators try desperately to fig do you remember out why ten ohm are i was terrified. i have never been more terrified for my life, ever. phil: the first shot in the small town of roseberg in umpqua community. >> officers around the county peedly responded to the college, and upon arriving there, they located the shooter in one of the buildings. officers engaged that suspect. was an exchange of gunfire. phil: the campus in chaos. students running for their lives. >> i look out the window. there was couple of girls running, sprinting away thing about much then i hear screaming the first gunshot. then, i look out. i saw the people reason aring. i said we need to get out of here right now. phil: parent ares not able to find their kids. i don't know where she is at. i don't know if she is wounded somewhere. i have no idea. phil: ambulances taki
phil lipof is track it. phil. phil: police say he was armed with three guns, two handguns and a rifle. the candlelight vigil you showed is being held right fou on campus as investigators try desperately to fig do you remember out why ten ohm are i was terrified. i have never been more terrified for my life, ever. phil: the first shot in the small town of roseberg in umpqua community. >> officers around the county peedly responded to the college, and upon arriving there, they located the...
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Oct 7, 2015
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heather: and i' someone you don' t want looking into your business is now asking newscenter 5' s phil lipof is at phil: new york' s attorney that he is opening an inquiry into both draft kings and fan duel -- both billion dollar microscope -- after an employee from one company won $350,000 from the other. an employee for one of the two big fantasy companies, draft kings, based in boston -- won $350,000 on rival site fan duel. that happened the same week he inadvertently posted information on what nfl players were being picked the most in fantasy draft line-ups. that' s esentially insider information. his name is ethan haskel, and he acknowledged as much in this blog post a week ago -- "100% my fault and i apologize for any issues." attorney general maura healey: this is an industry that' s growing, it' s new industry and it' s growing like gang busters, and it' s something we' re all just leaning more about, and that' s where we are with it. phil: attoney general maura healey so far won' t go any further than that, but the new york times is reporting new york' s ag is opening up an inquiry
heather: and i' someone you don' t want looking into your business is now asking newscenter 5' s phil lipof is at phil: new york' s attorney that he is opening an inquiry into both draft kings and fan duel -- both billion dollar microscope -- after an employee from one company won $350,000 from the other. an employee for one of the two big fantasy companies, draft kings, based in boston -- won $350,000 on rival site fan duel. that happened the same week he inadvertently posted information on...
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Oct 30, 2015
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newscenter 5's phil lipof is here with their stories tonight. phil? phil: tonight, in the microscope as the faa tries to figure out why fuel was pouring from engine just before takeoff. this video takennen there the tar mac just after the 767 caught fire. watch as the door opens. the passengers begin to slide to safety. >> i heard a loud bang. i turned around. say the lights. i saw flames. i ran for the front of the aircraft. >> that point. the jet was still moving toward takeoff. this was just a after 12:30. withinp two minutes fort lauderdale firefighters are there. a minute later, all 101 onboard are off the jets. within another are 60 seconds. boom. knocked done the largest lane. >> yeah. >> the fires out. >> i was scared says this passenger who injured the ankle running. 17 injuredp in all including one serious injury. the die nam tick airways jet was taxiing to takeoff to venezuela. what the by pi lot didn't realize. the jet was leaking fuel. another pilot spotted the leak. >> looks like it is leaking a lot of fuel. fluid. fuel leaking out of th
newscenter 5's phil lipof is here with their stories tonight. phil? phil: tonight, in the microscope as the faa tries to figure out why fuel was pouring from engine just before takeoff. this video takennen there the tar mac just after the 767 caught fire. watch as the door opens. the passengers begin to slide to safety. >> i heard a loud bang. i turned around. say the lights. i saw flames. i ran for the front of the aircraft. >> that point. the jet was still moving toward takeoff....
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Oct 6, 2015
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let's get to phil lipof more with the mounting concerns. phil. phil: the already inundated southeast is bracing for more rain tonight. from south carolina's governor, this warning. >> just because the rain stops does not mean that we are out of the woods. phil: a breached dam causing an emergency evacuation. national guardman in columbia going home to home checking for survivors spray painting an x where all is clear. the last 24 hours family after family plucked from the floodwaters. >> everything that i own they know of has been destroyed. >> it's heart-wrenching but i'm so glad that we're safe. phil: at least 12 are dead in the carolinas. most died on the 500 saturated or washedout roads. luke goes to the university of south carolina. he is from holliston and sends us this video. you can see the water under that bridge, it's almost as tall as the bridge. the water is dirty, too, you can't use it unless you boil it. he has been stuck in his apartment for almost two days. >> trying to get to the city itself is a bit of an issue because all of th
let's get to phil lipof more with the mounting concerns. phil. phil: the already inundated southeast is bracing for more rain tonight. from south carolina's governor, this warning. >> just because the rain stops does not mean that we are out of the woods. phil: a breached dam causing an emergency evacuation. national guardman in columbia going home to home checking for survivors spray painting an x where all is clear. the last 24 hours family after family plucked from the floodwaters....
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Oct 23, 2015
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. >> relatives still searching for answers tonight and wcvb newscenter 5's phil lipof is here with the breaking details. phil? phil. this hearing was as partisan as you could have haded. republicans looking to trip crinton up. democrat looking to pack her up. >> with that, well il be adjourned. >> 11 hours was testimony. it with as all day, even between committee members, it was >> you need make sure the entire record is right. >> that is what i want to do. >> well, then, go ahead. >> for her part, clinton took reresponse k for what happened that tight and was emotional when speaking about those who put their live on those line for their country. >> and you was so struck then as i had been so many times before. let the quality and the integrity and the courage of those americans who serve us what in uniform or out, i care deeply about each and everyone of them. >> a lot of talk never before seen e-mail clinton yet on the night of the deadly ache attack. two of the officers were killed in gaz zy by al qaeda-like droup t. that is kif rent if pra what the obama administration said up the
. >> relatives still searching for answers tonight and wcvb newscenter 5's phil lipof is here with the breaking details. phil? phil. this hearing was as partisan as you could have haded. republicans looking to trip crinton up. democrat looking to pack her up. >> with that, well il be adjourned. >> 11 hours was testimony. it with as all day, even between committee members, it was >> you need make sure the entire record is right. >> that is what i want to do....
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Oct 9, 2015
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and newscenter5's phil lipof is here with the new name getting a lot of attention. phil: man who seems to have the respect and support of some very powerful republicans. could paul ryan be the savior of the republican party? he continues to say he does not want to be speaker of the house, but tonight, there is a push to change his mind. capitol hill. >> i think i shocked somebody. phil: just hours after make pitch to house republican congresswoman, kevin mccarthy consideration. >> the one thing found in talking to everybody, if we are going to u neat and be strong, we need new fies help do that. ryan. ed: j a man republican strategist knows well. he was a top adviser to the 2012 romney-ryan ticket. he this is type of person who can bring together the young vie means that house caucus and put them together with the older establishment members. i think he would be a great pick. job. but word tonight, outgoing speaker and others have made personal calls to ryan to change his mine. and with something of a republican revelation going on glob doubt democrats are looking to
and newscenter5's phil lipof is here with the new name getting a lot of attention. phil: man who seems to have the respect and support of some very powerful republicans. could paul ryan be the savior of the republican party? he continues to say he does not want to be speaker of the house, but tonight, there is a push to change his mind. capitol hill. >> i think i shocked somebody. phil: just hours after make pitch to house republican congresswoman, kevin mccarthy consideration. >>...
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Oct 6, 2015
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. -- i' m phil lipof. jc: i' m j.c. monahan. what have you learned? reporter: he is held without bail. the shooting happened during a marijuana by. we spoke with the key witness, the surviving passenger in the front seat of the car. >> they grabbed me like this and then put the gun like this. i told them, -- they told them, give me all of it. reporter: fearing for his life, we don' t show the face of the man who gave up his cell phone in a rodney street drug deal and robbery. he says his best friend gave his life. the 28-year-old victim was shot in the throat while behind the wheel of his car after picking with his murder. meet for the purchase by the defendant, a small bag of marijuana. reporter: the survivor says he and the victim had $40 worth of marijuana, but the victim had another $800 in cash. >> the kid went and reached for it and then that' s when i heard the first gunshot go off. i feel so bad, i got out and ran. i got behind a house. i heard the second gunshot. i ran and that i heard a third gunshot. then i went to hide in the woods and cal
. -- i' m phil lipof. jc: i' m j.c. monahan. what have you learned? reporter: he is held without bail. the shooting happened during a marijuana by. we spoke with the key witness, the surviving passenger in the front seat of the car. >> they grabbed me like this and then put the gun like this. i told them, -- they told them, give me all of it. reporter: fearing for his life, we don' t show the face of the man who gave up his cell phone in a rodney street drug deal and robbery. he says his...
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Oct 29, 2015
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phil lipof here with more. pi? phil: it turned out to be as much about the moderate are and how they are asking the questions than it was about the ten people on stage who in with ad to be president. who in the end seemed united than divide. are the get go, the moderators that had difficult time controlling the flow and blasted by texas senator ted cruz for the questions they were asking. >> donald trump are you ap comic book villain. ben carson, can do you math? john kasich, which you insult two people over shore this how with about talking about the issues. [cheering and applauding] but not so much between the ten candidates on stage. even the primary republican audience booed the moderator are. >> does that that not speak to the process or judgment in anyway? >> no, it speaks to the fact that i don't know -- [booing] >> the focus of this debate was the economy and the candidates got to answer questions about tax raising the debt ceiling, funding social security, drug companies raising the price of medication. gov
phil lipof here with more. pi? phil: it turned out to be as much about the moderate are and how they are asking the questions than it was about the ten people on stage who in with ad to be president. who in the end seemed united than divide. are the get go, the moderators that had difficult time controlling the flow and blasted by texas senator ted cruz for the questions they were asking. >> donald trump are you ap comic book villain. ben carson, can do you math? john kasich, which you...
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Oct 22, 2015
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phil lipof is wheel the effect it is having. phil? phil: ed shall the vice president's decision immediately had impact on the race. biden was only at 16 nent latest abc news behind hillary clinton's 50en and berniesan's 23 percent, but look at. without biden, clinton jumps up ten full points. most of his supporters go toker the announce comes were the rose gar in his which have and a boss by his side after weeks of waiting are vice president says his decision came down to time. >> unfortunately, i believe we are out of time. time necessary to mount a winning campaign for the come nation. ja. ed: bind friends say wanted to lunch a campaign even spoke extends ofly with the supporters about it. so for them, there is dispintment today. biden would be new hampshire campaign chaired into idea it was coming. >> i haven't had a crew. this has taken everyone offguard. phil: thed byening struggled for month grieving the death earlier this year of their son beau. surrounded by the president's top advisors. biden says his family is heal close. th
phil lipof is wheel the effect it is having. phil? phil: ed shall the vice president's decision immediately had impact on the race. biden was only at 16 nent latest abc news behind hillary clinton's 50en and berniesan's 23 percent, but look at. without biden, clinton jumps up ten full points. most of his supporters go toker the announce comes were the rose gar in his which have and a boss by his side after weeks of waiting are vice president says his decision came down to time. >>...
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Oct 8, 2015
10/15
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our phil lipof is here with more. >> this is den was based on complete misrepresentation. ed: draft king's ceo playing defense on esp shame this ploee who won $350,000 last week from to damage the integrity of the game. the media has it all wrong. >> bad reporting, frank hi, we have finished our internal investigation. we have also hiredded an independent law firm to conduct their investigation. what we found is there is no evidence of ethical wrongdoing. phil: massachusetts attorney general said there are no laws right now pro-buying the sites from operating but she does want to meck sure everyone two plays has the same shot at winning. >> we reached out to the company to ask tem to come in to fanduel as well to ask tem to come in and falk the practices and their pomsies. ed: new york's attorney general actually opened inquirer trial the fast-growing $1 billion industry. this is a game of skill or on-line gambling this roger goodell says he, as always, is concerned with the inning think of game. it is not based on the ut come of a game. is just a the biggest concern can i
our phil lipof is here with more. >> this is den was based on complete misrepresentation. ed: draft king's ceo playing defense on esp shame this ploee who won $350,000 last week from to damage the integrity of the game. the media has it all wrong. >> bad reporting, frank hi, we have finished our internal investigation. we have also hiredded an independent law firm to conduct their investigation. what we found is there is no evidence of ethical wrongdoing. phil: massachusetts...
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Oct 17, 2015
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good evening, i'm phil lipof. antoinette: and i'm antoinette antonio. the fact that a gun was used has police very concerned. right now our reid lamberty is live in arlington with the latest on the investigation. reid. reid: antoinette, miss quick to note pank robbers are not certainly not uncommon. this pank has opinion targeted before, but what made this bank rob ber more concerning theon the suspect carried to carry out the crime. an artist sketches how a woman who was gardening in front of the arlington home remembered the man who ran right by her this afternoon. >> and the suspect came so close to her as she was able to shell the odor of the dye pack. reporter: this is how the cameras had the savings bank first saw the man. dressed in black. the face partially covered and wield withing a black hand gun as he demand grab a pank teller. >> a suspect flowed residential area here. reporter: the man got are id of the outer lay everclothes he was wear during the crime. give in the dan examinerrous mature of the rob pri, police issued a shelter in place a
good evening, i'm phil lipof. antoinette: and i'm antoinette antonio. the fact that a gun was used has police very concerned. right now our reid lamberty is live in arlington with the latest on the investigation. reid. reid: antoinette, miss quick to note pank robbers are not certainly not uncommon. this pank has opinion targeted before, but what made this bank rob ber more concerning theon the suspect carried to carry out the crime. an artist sketches how a woman who was gardening in front of...
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Oct 24, 2015
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good evening, i'm phil lipof. antoinette: and i'm antoinette antonio. the storm intensified so quickly for many it was impossible to get out of harm's way. breaking news coverage begins with harvey leonard in the weather center. harvey: it is weakening some, but it is still major and category four. it made the landfall. right now, the top winds are down to 130 miles per hour. let's show you something else about this storm. at the strongest, which 200 miles per hour winds gusting to 245. at that point, it was the strongest hurricane on record in ether eastern pacific or the atlantic. that is certainly something that is quite memorable. powerful storm, obviously, now, it is over land, it is beginning to degrade. that is a process, it is still causing a lot of damage. you could see thewell defined eye at the strongest but now it has become obscuredded as the storm is weak winning some. i wanted to be to show you, rooting now, he is category four. i wanted to show you where it came ashore. it was right between here. right in here. as you can see. the easter
good evening, i'm phil lipof. antoinette: and i'm antoinette antonio. the storm intensified so quickly for many it was impossible to get out of harm's way. breaking news coverage begins with harvey leonard in the weather center. harvey: it is weakening some, but it is still major and category four. it made the landfall. right now, the top winds are down to 130 miles per hour. let's show you something else about this storm. at the strongest, which 200 miles per hour winds gusting to 245. at that...
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Oct 10, 2015
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phil: and i'm phil lipof. this is the same town devastated by a tornado back in 2011. tonight, no reports of severe damage, but power lines did come down, knocking out electricity to parts of the town. stormteam 5's mike wankum is tracking it all in the weather center. mike? mike: see this line we see forming there inthat tells us, that was straight line winds happening. the national weather service also confirming that saying it was not a attorney but boy this was a lot of damage on it. it was moving the way through. you can see when we take a look at the day. we haded scattered showers then a line the west into fork and comes race aring across in the one little area. tonight what we left with is a few scattered showers sitting out ef here over the ocean. that is what left of it all and moving away. the skies are starting to clear away. here this is wait looks. we head to the overnight hours. the clouds dispate. the rains gone. we start the day with sunshine. we stay with unwith sunshine. sun sine tomorrow is going to be different. here is a pocket of cool air. that i
phil: and i'm phil lipof. this is the same town devastated by a tornado back in 2011. tonight, no reports of severe damage, but power lines did come down, knocking out electricity to parts of the town. stormteam 5's mike wankum is tracking it all in the weather center. mike? mike: see this line we see forming there inthat tells us, that was straight line winds happening. the national weather service also confirming that saying it was not a attorney but boy this was a lot of damage on it. it was...
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Oct 24, 2015
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newscenter 5's phil lipof with trump's response to the new numbers. trump: we have a breaking story. donald trump has fallen to second place behind ben carson. phil: making fun of the media's reporting, a defiant donald trump responding to word that he is behind dr. ben carson in two of the latest polls in iowa. trump: we informed ben but he was sleeping. phil: citing virtually every other poll, trump didn't seem concerned but took that shot at carson anyway who has drawn attention in recent weeks with some provocative comments. carson: i would not advocate that we put a muslim in charge of this nation. i would not agree with that. phil: comments like that seem to be helping him, particularly with the same key evangelical voters trump is trying to win. trump: i'm a good christian. remember that. phil: praying with pastors at trump tower. pastor: so today we pray for donald trump. phil: and continuing to tout polls like the one here in massachusetts. trump: i don't even know why massachusetts, i'm at 48, 48. 48! phil: we know why trump thinks he's doing
newscenter 5's phil lipof with trump's response to the new numbers. trump: we have a breaking story. donald trump has fallen to second place behind ben carson. phil: making fun of the media's reporting, a defiant donald trump responding to word that he is behind dr. ben carson in two of the latest polls in iowa. trump: we informed ben but he was sleeping. phil: citing virtually every other poll, trump didn't seem concerned but took that shot at carson anyway who has drawn attention in recent...
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Oct 3, 2015
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newscenter 5's phil lipof reports that a new federal law taking effect this weekend is designed to change all that. elisha deluca: fast and furious. lots of numbers. phil: elisha deluca and her husband just bought their first home, and they still think they got a great deal. elisha deluca: it's a big deal. it's a big commitment, right? phil: but a few extra days to doublecheck the math would have really been helpful. elisha deluca: i feel like any more time you can give to such a huge process is better. phil: now a new federal law nicknamed "know before you owe" will do just that. it requires home buyers to receive the final figures at least three days before their closing date. it also makes the paperwork much easier to understand. anthony lamacchia: this spells it out. loan amount. interest rate. monthly principal and interest. everything is more explanatory. phil: these changes in the works for nearly five years after a housing boom turned into a bust. some home buyers told congress they agreed to loan terms they just didn't understand. anthony lamacchia: people are going to be much mo
newscenter 5's phil lipof reports that a new federal law taking effect this weekend is designed to change all that. elisha deluca: fast and furious. lots of numbers. phil: elisha deluca and her husband just bought their first home, and they still think they got a great deal. elisha deluca: it's a big deal. it's a big commitment, right? phil: but a few extra days to doublecheck the math would have really been helpful. elisha deluca: i feel like any more time you can give to such a huge process...