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Transcripts For WETA Nightly Business Report 20101014



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt suzanne: good evening everyone. susie gharib is off tonight. the probe into foreclosure practices is spreading. today, the attorneys general of every u.s. state joined together to investigate mortgage servicers. tom, the states will examine whether financial firms made misleading statements to evict struggling borrowers. tom: suzanne, investigators will initially focus on how lenders verify foreclosure documents. specifically, there are allegations of so-called robo- signing. that s when employees from mortgage companies sign hundreds of affidavits a day without reviewing them. it s alleged those documents were notarized without knowledge of the facts or verifying loan information. just how widespread is the foreclosure issue? check out these numbers: banks repossessed nearly three million homes in the past 3.5 years. according to realtytrac, banks ....

New York , United States , New Mexico , Suzanne Pratt , Wal Mart Sam , Jerika Miller , Tom Hudson , Andrew Marquardt , Kevin Depew , Lincoln Ellis , Susie Gharib , Richard Cordray ,

Transcripts For KQED Nightly Business Report 20101014



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt suzanne: good evening everyone. susie gharib is off tonight. the probe into foreclosure practices is spreading. today, the attorneys general of every u.s. state joined together to investigate mortgage servicers. tom, the states will examine whether financial firms made misleading statements to evict struggling borrowers. tom: suzanne, investigators will initially focus on how lenders verify foreclosure documents. specifically, there are allegations of so-called robo- signing. that s when employees from mortgage companies sign hundreds of affidavits a day without reviewing them. it s alleged those documents were notarized without knowledge of the facts or verifying loan information. just how widespread is the foreclosure issue? check out these numbers: banks repossessed nearly three million homes in the past 3.5 years. according to realtytrac, banks ....

New York , United States , New Mexico , Suzanne Pratt , Wal Mart Sam , Jerika Miller , Tom Hudson , Andrew Marquardt , Kevin Depew , Lincoln Ellis , Susie Gharib , Richard Cordray ,

Transcripts For KQED Nightly Business Report 20101014



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt suzanne: good evening everyone. susie gharib is off tonight. the probe into foreclosure practices is spreading. today, the attorneys general of every u.s. state joined together to investigate mortgage servicers. tom, the states will examine whether financial firms made misleading statements to evict struggling borrowers. tom: suzanne, investigators will initially focus on how lenders verify foreclosure documents. specifically, there are allegations of so-called robo- signing. that s when employees from mortgage companies sign hundreds of affidavits a day without reviewing them. it s alleged those documents were notarized without knowledge of the facts or verifying loan information. just how widespread is the foreclosure issue? check out these numbers: banks repossessed nearly three million homes in the past 3.5 years. according to realtytrac, banks ....

New York , United States , New Mexico , Suzanne Pratt , Wal Mart Sam , Jerika Miller , Tom Hudson , Andrew Marquardt , Kevin Depew , Lincoln Ellis , Susie Gharib , Richard Cordray ,

Transcripts For WETA Nightly Business Report 20101013



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt suzanne: good evening everyone. susie gharib is off tonight. the probe into foreclosure practices is spreading. today, the attorneys general of every u.s. state joined together to investigate mortgage servicers. tom, the states will examine whether financial firms made misleading statements to evict struggling borrowers. tom: suzanne, investigators will initially focus on how lenders verify foreclosure documents. specifically, there are allegations of so-called robo- signing. that s when employees from mortgage companies sign hundreds of affidavits a day without reviewing them. it s alleged those documents were notarized without knowledge of the facts or verifying loan information. just how widespread is the foreclosure issue? check out these numbers: banks repossessed nearly three million homes in the past 3.5 years. according to realtytrac, banks ....

New York , United States , New Mexico , Suzanne Pratt , Wal Mart Sam , Jerika Miller , Tom Hudson , Andrew Marquardt , Kevin Depew , Lincoln Ellis , Susie Gharib , Richard Cordray ,

Transcripts For WMPT Nightly Business Report 20101013



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt suzanne: good evening everyone. susie gharib is off tonight. the probe into foreclosure practices is spreading. today, the attorneys general of every u.s. state joined together to investigate mortgage servicers. tom, the states will examine whether financial firms made misleading statements to evict struggling borrowers. tom: suzanne, investigators will initially focus on how lenders verify foreclosure documents. specifically, there are allegations of so-called robo- signing. that s when employees from mortgage companies sign hundreds of affidavits a day without reviewing them. it s alleged those documents were notarized without knowledge of the facts or verifying loan information. just how widespread is the foreclosure issue? check out these numbers: banks repossessed nearly three million homes in the past 3.5 years. according to realtytrac, banks ....

New York , United States , New Mexico , Suzanne Pratt , Wal Mart Sam , Jerika Miller , Tom Hudson , Andrew Marquardt , Kevin Depew , Lincoln Ellis , Susie Gharib , Richard Cordray ,