Adjusted are complicated. So what were trying to do now is get through an analysis of not only fico 8 and 9 but an alternative scoring credit scoring model and try to come up with a system that is a better system and then adjust the operational things that it would take to let me cut you off there. I only have a little bit of time. I encourage you to put pedal to the medal in that regard. We have pedal to the medal. We are at it. I guarantee you. Im not quite persuaded of that, but thank you for pursuing it because a lot of people would be more fairly treated with an appropriate credit model. I wanted to turn to first place insurance. Theres been reports from npr and ap recently but these issues go back a long ways. Its something ive been pointing out a long way. The kick backs that go to mortgage insurance often drive people into foreclosure and of course that has an impact on your agency. I understand that in june you all did issue a requirement that these kickbacks ind, whether they
If we know were getting good loans and weve done our Due Diligence at the front end, then we can weve got more control over that process. But i can assure you that when theres fraud or misrepresentation in the process, we will retain the ability to put back loans throughout the life of the loan. I hope that means youre vigilant that the tendency here could be that this gives banks the benefit of the doubt that homeowners dont get, but i know your values and i know what youre doing in that job and i know youll be vigilant about that. Speaking of potential fraudulent activity that you mentioned a second ago. The New York Times highlighted fanny and freddies use of debt collectors to pursue families who lose their homes to foreclosure for any debt that wasnt covered by the value of their home as it was under water. Homeowners just starting to get back on their feet for a year or two years or even longer can find themselves with tens of thousands of dollars of new debt, depending on their
Honors the rangers who gave their lives under heroic circumstances. We have paintings of all those rangers. They begin with steven f austin. He was very successful with his rangers. They fought not only managed to make the area reasonable safe from indian raids but when the texas war for independence broke out the rangers played a major role in texas gaining its independence by sending off the mexican army long enough to allow the colonist to build their own army and as a result texas became its own individual nation, the republic of texas for several years. Good afternoon and welcome. My name is myron bellkind, im a professor, former bureau chief for Associated Press and 107th president of the National Press clu club. We are committed to our future with events such as this while fostering a free press worldwide. For more information about the Nation Press Club please visit our website at press. Org. Id like to welcome our speaker and those of you attending todays event. We have workin
[captions Copyright National cable satellite corp. 2014] cspan, aup on hearing on the International Response to the Ebola Outbreak africa. Then alison mcfar lane, the head of the Nuclear Regulatory talks about the challenges facing the agency. And later, a House Foreign Committee examines the influx of unaccompanied minors at the southern u. S. Border. The next on washington journal, senator ron johnson of wisconsin issues before session wind down this and whats ahead with the new congress in january. Nsa a look at the surveillance bill that would end the abill toy to collect americans phone records. Later our spotlight features hirsh, on his recent piece examining president security team. L washington journal is live 7 00 eastern on cspan. And you can join the conversation on facebook and twitter. Members of the british house of commons returned for question time today, when Prime Minister cameron will answer questions by members in parliament. At 7 00 a. M. Ive eastern on cspan 2. He
This study revealing what americans really think about the state they dont live in. Which one has the rudest or hottest people . Straight ahead. Fox friends begins right now. Good sunday morning. Tucker is back. Yes, i am. Welcome back. Thank you. I was only gone a day. Were you in the one of the hottest people states or rudest people. Virginia, its for lovers. Dropping his daughter off at school. Was that difficult . First daughter to go to college, first child . Yes. Did you tear at the dorm room dropof i didnt do a tear. Did your wife . Yes, my wife. No, shes so totally put together and happy. I was happy. Youre not worried about this daughter . Im not worried in any way. Dont mess with tuckers daughter. We have a jampacked show but first some headlines. Lets get you started. While you were sleeping firefighters in texas battling these flames, an out of control fire at a recycling plant. It started about 7 00 last night. At this hour were being told the fire is now finally out. The