Out for a jog by drivers who may have been racing. Why neighbors say this stretch of road is not safe enough for pedestrians. Mornings on 2 starts right now. 7 00. You are looking live at the scene of an earlymorning robbery in San Franciscos financial district. Police say thieves crashed an suv into an iconic bank museum and got away with really a piece of california history. Ktvus alex savidge has been at the scene since 4 30 this morning. And coming up in minutes, he will tell us why this robbery appears to have been planned well in advance. You can see quite a bit of activity inside there right now. Good morning. Welcome to mornings on 2. Im tori campbell. Good morning. Good morning. Im dave clark. Lets talk about your weather and traffic now. Steve paulson has your forecast. How are we looking . Not too bad. Most of the energy is in the northeast. I saw tori tweet out a picture or two. Yeah. For some areas, the snow was not that great. 4, 6 in new york. Long island, 2 feet. Some a
Regard. Let me talk about the riskbased pricing. I hear it comes up from time to time. One of the Mission Roles that fha has served is an access point for demographics that otherwise would not gain access to the home buyer market. If you look at the way pse has priced the mortgages today, at the high end of the curve, it gets expensive for nodown payment borrowers. If you can control for qualification, for documentation standards, credits or the ability to repay variables, the down payment should not be a variable and tell you get into a distressed scenario. You can control the distress by making sure the standard is there. We also know down payment is the single biggest barrier to Home Ownership. It particularly in packs those borrowers who do not have large amounts of inherited wealth or disposable net income. It is heavily predominated by firsttime home buyers, African Americans and hispanics. 80 of all mortgages last year getting a loan to the program, because there is no other res
More. Look back at how american tuts attitudes shifted in 2013. Time and money are running out for more than a million jobless americans. The emergency Unemployment Benefits that they have been getting from the federal government are expiring tomorrow. About 1. 3 Million People who have been out of work for months will stop receiving payments. The average recipient will lose out on more than 1,000 each month. The benefits program was introduced in 2008 at the height of the recession. Since then the payouts have caused the federal government 225 billion. Extending them for another year would tack on another 19 billion but congress hasnt done that yet. Months ago they lost their jobs, now theyre losing the money they get from the government to get by. Since 2008, congress has extended the Emergency Unemployment Compensation Program almost a dozen times. But this time lawmakers have let it lapse. That means that people who have lost their jobs will no longer have a cushion once their stat
Also. With the rebalance of asiapacific theater i am having a bit of trouble understanding the new air force plan which would move for air force kc135 tankers from joint harbor had come to the mainland. Given the space and time to my keeping the tankers for deployed in hawaii would make the most sense. Would you like to share some of your perspective on this . Well, i have not yet seen no formal proposal by the air force. As you know, the proposal would have to come through me further my comments. The decision to move any forces that are cocom to pay, or under my command would have to be would have to be authorized by secretary hegel. There will be a dialogue about this. I dont think there will be a lot of perspectives as we look at it. I believe those four airplanes are a result of a braque initiative. What i understand is that there are some maintenance deficiencies that as we look at across service efficiencies that are being forced on us by the that we are being driven to because o
New york yankees pitcher Michael Pineda is tossed from the game when umpires determine hes using a banned substance smeared on his neck. Captioning funded by cbs this is the cbs morning news for thursday, april 24th, 2014. Good morning. Good to be with you. Im annemarie green. President obama is in tokyo this morning, the first stop on a fournation tour of asia, and while discussing critical Security Issues with japanese leaders, the crisis in ukraine was also on the agenda. Mr. Obama says russia is not living up to an agreement signed last week to defuse fencings. Speaking at a News Conference this morning, the president said unless russia changes its tune there will be consequences and no economic changes are ready to go. We have been preparing for the prospect that were going to have to engage in further sanctions. Those are teed up. It requires some Technical Work and it also requires coordination with other countries. So the fact that i havent announced them yet doesnt mean that t