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Detailed text transcripts for TV channel - FOXNEWS - 20101006:16:07:00

from politics to colorado mail-in ballots go to foxnews.com/aehg, we have your front row to politics. jenna: a business alert for you right now, a major banking scandal involving home foreclosures threatening to make the housing crisis even worse if you can believe it. some of the country s biggest lenders apparently bending the rules while trying to repossess homes. now state attorney generals and also lawmakers on capitol hill are trying to get involved. peter barnes reporting for the fox business network. this is a big story, peter, a lot of these lenders got taxpayer money -frpblgt that s right, jenna, house speaker nancy pelosi and other lawmakers calling for a federal investigation of all this by the department of justice, which says today it is reviewing her letter. the aflcio calling for a nationwide moratorium on all foreclosures until the robo signing controversy is decided

Detailed text transcripts for TV channel - CNN - 20100715:16:02:00

month. but something else has happened at the same time, and that s banks are jumping in and repossessing homes more quickly. repossessions are up a little bit. the last few months, latter three months of the period, repossessions are up more than they were at the end of the last period, last year. we ve got video. let me talk to you big picture about what s been going on here. a lot of lenders out there have been working to help borrowers more. so they re helping them modify their loans and in many cases, they are working with them, allowing them to sell their properties for less than their worth. that s one reason you have maybe a slight decrease. but you also have these banks that need to make sure that they re making their money and are working faster to repossess homes, tony all at the same time. josh, appreciate it. the number of applications for new unemployment benefits fell last week to the lowest level in almost two years. there were 429,000 of them. that is down by 29,00

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