Search the Archive

Housing Foreclosures #976958

ABC Evening News for Thursday, Oct 14, 2010
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Diane Sawyer) The foreclosure crisis in America introduced; record statistics cited.

(Studio: David Muir) The growing fury over the paper trail from banks making foreclosures on homes examined; details given about robo-signing that was outsourced, the plight for home buyers with the sale of foreclosed houses now on hold. [Attorney Matthew WEIDNER†- says the paperwork is being done in Guam and the Philippines; states banks are intoxicated with power.] ["Wall Street Journal" Jon HILSENRATH†- says shoddy methods will now cost banks.] [Homeowner Nancy LUNA - wonders.] The investigation into the banks' handling of the paperwork discussed.

(Studio: Diane Sawyer) ABC's efforts to ask questions of the six major banks embroiled in the mortgage mess noted.

Sawyer, Diane;
Muir, David

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.