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Page 12 - Tracy Weber News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WMPT Nightly Business Report October 20, 2010

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. the nation s top housing official said today there are no signs of systemic troubles with u.s. home mortgages. tom, that comment from housing secretary shaun donovan came in response to concerns about the impact of the foreclosure crisis on the economy. tom: susie, donovan also said the obama administration is investigating foreclosure and mortgage practices at major lenders, including j.p. morgan and bank of america. susie: he s prepared to take action to force them, if necessary, to fix paperwork problems. our stephanie dhue caught up with secretary donovan after a high-profile meeting focused on the foreclosure mess. reporter: the players were here. that s treasury secretary timothy geithner leaving a meeting that included s.e.c. chairman mary schapiro, f.d.i.c. chairman sheila bair and top justice and housing offi

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