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not alone in this. gmac now allied national halted evictions in 23 states for same reason. they fear other institutions did the same thing opening themselves to court challenges which could stall efforts to digest millions of bad loans. this is going to stretch things out more. the financial sector will not put the housing problems behind them for probably another several years. banks will get hammered. of course. the real estate business will get hammered. until we work through the bad loans, neither housing nor banks can recover. chris: thank you for that. the house committee last week heard from comedian stephen colbert about immigration, today listen to media mogul rupert murdock and michael bloomberg. murdock owns the parent company of this network and bloomberg is mayor of new york and owns his own financial news service. they urged lawmakers to match effort to secure the border with efforts to ensure

Real estate businessHousing problemsChris wallaceStephen colbertHouse committeeMedia mogulRupert murdockNew yorkParent companyNews serviceMichael bloomberg