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Transcripts For KPIX KPIX 5 News Early Edition 20130912

Town directly against the Banking Industry. Yes, its a bold move thats needed. Reporter richmond is a city where roughly half of homes are under water. I am under water. And i have been twice denied modification by my lender at a time when i sorely need it. Reporter mayor mclaughlins measure is unlike any other in the nation. It clears richmond to buy underwater mortgages from the banks at fair market value. The goal . To refinance the mortgages so that homeowners can afford their payments. If the banks dont agree, richmond has threatened to seize the mortgages anyway using Eminent Domain. Is it risky . To me, its risky to not do anything. Reporter but opponents including a few City Council Members say the biggest risk is bankrupting richmond. We are prepared to fight the Banking Industry with millions and millions of dollars . Not me. Reporter already, the banks are fighting the measure. Wells fargo and Deutsche Bank are suing to stop richmond from using Eminent Domain but mclaughlin

Hummingbird rescued outside Roseburg City Hall returned into wild

An orphaned hummingbird found outside of Roseburg’s city hall last week was rehabilitated and released back into the wild on Wednesday, according to Roseburg city officials.

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