these men go through things and have scars that no one can understand. the first thing that startled us was the relationship between harry truman and herbert hoover. they were personally and politically different men who ended up forming this alliance that neither of them would have anticipated. it was enormously productive. they formed the foundation of what became a deep friendship. the letters between them about how they had become important to each other were extraordinary. it may be the most exclusive club in the world. the private and personal relationships of american presidents. sunday at 8:00 p.m. on c-span s q & a. mitt romney will give the commencement address at liberty university in lynchburg, virginia. we expect that to begin in 20 minutes. we will have live coverage here on c-span. here are some of the calls that came in this morning about the former governor from this morning s washington journal. the om blog is found on the washington post websi
CSPAN U December 18, 2009
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
. . that ensures the lender has is complete picture of the borrower s financial situation as possible. to this end i was very troubled to learn some modifications are being performed with minimal documentation. after all it was this practice of no or low documentation that helped create a housing crisis we face today. we should not be in the business of perpetuating this practice. according to the treasury department, 375,000 trial modifications are set to convert to permanent modification by the end of the year however, jpmorgan chase recently disclosed in november, close to 25% of the trial modifications failed to meet the first payment of nearly 50% of borrowers field to mccaul three payments. furthermore federal reserve bank of boston sites 30 to 45% of borrowers who received modifications in up in default within six months. this raises some significant concerns i think about the ability of these programs to meet while a long-term expectations outlined earlier this year.