Millions of foreclosure abuse victims to get checks

(CBS News) LOS ANGELES - Since the real estate implosion five years ago, major banks have been accused of fraudulent tactics to foreclose on thousands of Americans.

On Monday, the U.S. government reached a settlement with 10 banks who will pay $8.5 billion. About four million homeowners who lost their homes to foreclosure will be getting some compensation.

About 200 people showed up to a workshop in south Los Angeles last month trying to figure out if their banks improperly foreclosed on their homes. Now many of them will be getting a check.

10 banks agree to pay $8.5B for foreclosure abuse
Consumer advocates question $8.5B foreclosure deal

The 10 banks -- including Citi, JPMorgan Chase, Bank of America, and Wells Fargo -- will make $3.3 billion in direct payments to customers who were in foreclosure during 2009 and 2010.

Homeowners charged improper fees could be paid a couple hundred dollars. About $125,000 would go to homeowners who were foreclosed on even though they were up to date in their mortgage payments.

The settlement replaces an existing independent foreclosure review program that began in 2011 after it was discovered many banks approved foreclosure without actually reviewing the cases, sometimes hundreds a day.


Tunua Thrash

Tunua Thrash


/

CBS News

Tunua Thrash helps homeowners in Los Angeles navigate foreclosure. She worries the bank payouts won't go far enough.

"Certainly the fact that there have been many mistakes, and some homeowners have lost equity that could exceed that amount, is letting the banks off easy...as far making sure that homeowners are made whole," Thrash said.

The banks will also spend $5.2 billion on loan modifications and principal reductions for current homeowners. That may help James Bruce, who could lose his south L.A. home at the end of the month unless Citibank modifies his adjustable rate mortgage, which he can no longer afford.

"It started adjusting on me and it just got overbearing and I couldn't take it, so it just ate up all my savings and everything that I could muster up to pay that mortgage for over a year," Bruce said.

About 3.8 million people will be getting some payment from these 10 banks. Even homeowners whose foreclosures were processed properly will get something because the banks have decided it's simply easier to write a check than try to figure out who was actually harmed.

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Colo. Suspect Bought Ticket 12 Days Before Shooting













Accused Aurora movie theater gunman James Holmes bought his movie ticket 12 days before the shooting, it was revealed in court today during the emotional first day of a preliminary hearing.


Aurora Police Department homicide detective Matthew Ingui testified that there is no video surveillance of the actual shooting, but there are several photos of Holmes checking into the theater kiosk with his cellphone. He scanned his phone three times.


Surveillance footage shown in court for the first time also showed Holmes lingering by the concession stand for about three minutes before entering theater nine dressed in dark pants, a light colored shirt and a skull cap. He would later be caught wearing a bullet proof vest and a gas mask.


Another video showed the lobby the moment theater staff heard shots ring out. Some of them ducked behind counters as people started streaming out of the front door.


Ingui also testified about the positions of the bodies in the theater, strewn across seats and aisles.


Click here for full coverage of the Aurora movie theater shooting.


Holmes is accused of killing 12 people and wounding dozens more in the movie theater massacre.


Earlier in the day, two veteran police officers broke down on the stand, with one officer choking up when he described finding the body of a 6-year-old girl inside the theater.


Sgt. Gerald Jonsgaard needed a moment to compose himself as he described finding the little girl, Veronica Moser Sullivan, in the blood splattered theater.








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An officer felt for a pulse and thought Veronica was still alive, Jonsgaard said, but the officer then realized he was feeling his own pulse.


The officers wiped away tears as they described the horror they found inside of theater nine.


Officer Justin Grizzle recounted seeing bodies lying motionless on the floor, surrounded by so much blood he nearly slipped and fell.


Grizzle, a former paramedic, says ambulances had not yet made it to the theater, so he began loading victims into his patrol car and driving to the hospital.


"I knew I needed to get them to the hospital now, " Grizzle said, tearing up. "I didn't want anyone else to die."


Grizzle drove six victims in four trips, saying that by the end there was so much blood in his patrol car he could hear it "sloshing around."


An officer who took the stand earlier today described Holmes as "relaxed" and "detached" when police confronted him just moments after the shooting stopped.


The first two officers to testify today described responding to the theater and spotting Holmes standing by his car at the rear of the theater on July 20, 2012. He allegedly opened fire in the crowded theater during the midnight showing of "The Dark Knight Rises."


Officer Jason Oviatt said he first thought Holmes was a cop because he was wearing a gas mask and helmet, but as he got closer realized he was not an officer and held Holmes at gunpoint.


Throughout the search and arrest, Holmes was extremely compliant, the officer said.


"He was very, very relaxed," Oviatt said. "These were not normal reactions to anything. He seemed very detached from it all."


Oviatt said Holmes had extremely dilated pupils and smelled badly when he was arrested.


Officer Aaron Blue testified that Holmes volunteered that he had four guns and that there were "improvised explosive devices" in his apartment and that they would go off if the police triggered them.


Holmes was dressed for the court hearing in a red jumpsuit and has brown hair and a full beard. He did not show any reaction when the officers pointed him out in the courtroom.


This is the most important court hearing in the case so far, essentially a mini-trial as prosecutors present witness testimony and evidence -- some never before heard -- to outline their case against the former neuroscience student.


The hearing at the Arapahoe County District Court could last all week. At the end, Judge William Sylvester will decide whether the case will go to trial.






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Activists wary as India rushes to justice after gang rape


NEW DELHI (Reuters) - It's no surprise the Indian street wants faster, harsher justice for sexual crimes after a horrific gang rape that rocked the nation, but some activists worry the government will trample fundamental rights in its rush to be in tune with popular rage.


Last month's rape of a physiotherapy student on a moving bus and her death on December 28 in hospital triggered a national debate about how to better protect women in India, where official data shows one rape is reported on average every 20 minutes.


Many women's rights groups are cautiously hopeful the protests and outrage that followed the crime can be channeled into real change - fast-track courts for sexual offences and a plan to hire 2,500 new women police in Delhi are measures already in the works.


But legal experts and some feminists are worried that calls to make rape punishable with death and other draconian penalties will cramp civil liberties and are unconstitutional. They say India needs better policing and prosecutions, not new laws.


"If there are not enough convictions, it is not because of an insufficiency of law, but it is the insufficiency of material to base the conviction on," said retired Delhi High Court judge R.S. Sodhi.


Five men have been charged with the student's rape and murder and will appear before a New Delhi court later on Monday. They are due to be tried in a newly formed fast-track court in the next few weeks. A teenager also accused will likely be tried in a juvenile court.


Ahead of Monday's court appearance the five still had no defense lawyers - despite extensive interrogations by the police, who have said they have recorded confessions - after members of the bar association in the South Delhi district where the case is being heard vowed not to represent them.


GROUNDS FOR APPEAL


The men will be assigned lawyers by the court before the trial begins, but their lack of representation so far could give grounds for appeal later should they be found guilty - similar cases have resulted in acquittals years after convictions.


"The accused has a right to a lawyer from point of arrest - the investigations are going on, statements being taken, it is totally illegal," said Colin Gonsalves, a senior Supreme Court advocate and director of Delhi's Human Rights Law Network.


Senior leaders of most states on Friday came out in support of a plan to lower to 16 the age that minors can be tried as adults - in response to fury that the maximum penalty the accused youth could face is three years detention.


A government panel is considering suggestions to make the death penalty mandatory for rape and introducing forms of chemical castration for the guilty. It is due to make its recommendations by January 23.


"The more you strengthen the powers of the state against the people, the more the possibility you create a draconian regime," said Sehjo Singh, Programme and Policy Director with ActionAid in India and an expert on Indian women's social movements.


"We want to raise the bar of human rights in India, we want to raise the standards, not lower them."


The Indian Express newspaper warned against "knee-jerk" reaction and said any change to the juvenile law "must come after rigorous and considered debate. It cannot be a reaction to a fraught moment".


Courts are swamped with a backlog of cases in the country of 1.2 billion people and trials often take more than five years to complete, so the launch by Chief Justice Altamas Kabir of six fast-track courts in the capital to deal with sexual offences was widely greeted as a welcome move.


Several other states including Tamil Nadu and Maharashtra are now looking at following Delhi's example.


But Gonsalves says while the courts are a good idea on paper, similar tribunals in the past delivered dubious verdicts and put financial pressure on the rest of the justice system.


FAST TRACK COURTS


India set up 1,700 fast-track courts in 2004, but stopped funding them last year because they turned out to be costly. The courts typically work six days a week and try to reduce adjournments that lead to long delays in cases.


"The record of the fast-track courts is mixed," Gonsalves said. Conviction rates rose, he said, but due process was sometimes rushed, leading to convictions being overturned.


"Fast-track courts were in many ways were fast-track injustice," he said.


The real problem lie with bad policing and a shortage of judges, Gonsalves said. India has about a fifth of the number of judges per capita that the United States has.


Indian police are often poorly trained and underpaid, and have sometimes been implicated in organized crime. Rights groups complain the mostly male officers are insensitive to victims of sexual crimes.


Resources for, and expertise in, forensic science is limited in most of the country's police forces and confessions are often extracted under duress. The judiciary complains it is hard to convict offenders because of faulty evidence.


Human Rights Watch said reforms to laws and procedures covering rape and other sexual crimes should focus on protection of witnesses and modernizing support for victims at police stations and hospitals.


The rights organization has documented the continued use of archaic practices such as the "finger test" used by some doctors on rape victims to allegedly determine if they had regular sex.


"Reforms in the rape laws - these are needed. But not in terms of enhancing punishment," said Meenakshi Ganguly, South Asia Director of Human Rights Watch.


"Why they are not investigated, why there are not enough convictions, those are the things that need to be addressed."


(Additional reporting by Satarupa Bhattacharjya, Shashank Chouhan and Annie Banerji; Editing by Alex Richardson)



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British tourist plunges to death off Australia waterfall






SYDNEY: Police on Monday were attempting to retrieve the body of a British tourist who slipped over the edge of a waterfall in Australia's Blue Mountains and plunged to his death.

The 20-year-old man was walking with friends at Wentworth Falls, west of Sydney, on Sunday afternoon when he lost his footing and fell some 80 metres (260 feet).

Police said a friend summoned help and while paramedics were able to establish that he was dead, their helicopter crew was unable to retrieve the body due to high winds.

A guard was placed at the scene overnight and officers walked into the bushland Monday morning to help winch him out.

A witness told state broadcaster ABC she had seen a group of friends gathered on some rocks.

"Then they went down to the next one and I knew something was going to happen," she said.

"We just saw them all panic and a 20-year-old boy fell over, down the waterfall."

The Blue Mountains are a popular tourist attraction some 60 kilometres (40 miles) west of Sydney. Consisting mainly of a sandstone plateau, the area is dissected by gorges up to 760 metres deep.

-AFP/ac



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Dexim's Music Talking Stylus marries talk with touch



Lucia Lu shows off the Dexim Talking Music Stylus.

Lucia Lu shows off the Dexim Talking Music Stylus.



(Credit:
Casey Newton/CNET)


LAS VEGAS--For years now, people who rely on capacitive styluses to get their work done have had one major complaint: they can't use them to take phone calls.


At least, that's what Dexim says. The Chinese manufacturer hit
CES Unveiled today with a funky hybrid device that turns a regular capacitive stylus into a Bluetooth speaker, allowing people to take phone calls through their stylus because ... reasons.


"People don't want to carry around a bunch of different sticks," asserts Lucia Lu, the company's vice president of sales and marketing. Until now, she said, a hands-free phone call for stylus users has required separate devices. No more!


The catchily named Dexim Music Talking Stylus boasts five hours of talk time, 180 hours of standby time, and is recharged through a micro USB port on the bottom of the device. Headphones plug into a standard 3.5MM port at the top. A user could leave a phone across the room, accept a call while drawing on an
iPad, and never stop sketching. Or play music from across the room and listen in on the attached headphones, courtesy Bluetooth.


The stylus goes on sale for $79.99 in February.


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NFL Playoffs: Seahawks beat Redskins 24-14

Marshawn Lynch #24 of the Seattle Seahawks scores a fourth quarter touchdown against the defense of Lorenzo Alexander #97 of the Washington Redskins during the NFC Wild Card Playoff Game at FedExField on January 6, 2013 in Landover, Maryland. / Al Bello/Getty Images

LANDOVER, Md. The Seattle Seahawks finally won a road playoff game Sunday, taking a 24-14 NFC wild-card victory over the Washington Redskins, who lost Robert Griffin III to another knee injury in the fourth quarter.

Marshawn Lynch ran for 131 yards, and Russell Wilson completed 15 of 26 passes for 187 yards and ran eight times for 67 yards for the Seahawks, who broke an eight-game postseason losing streak away from home.




24 Photos


NFL Week 18: Playoff highlights



Seattle will visit the top-seeded Atlanta Falcons next Sunday.

Lynch's 27-yard run with 7:08 remaining gave the Seahawks (12-5) the lead. On Washington's next series, Griffin reinjured the right knee he sprained about a month ago while trying to field a bad shotgun snap.

The knee buckled badly, and the Seahawks recovered the fumble and kicked an insurance field goal.

Kirk Cousins replaced Griffin, but Washington (10-7) was unable to come back.

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Hagel to Be Obama's Defense Secretary Nominee


Jan 6, 2013 4:52pm







gty chuck hagel kb 121220 wblog Obama Will Nominate Chuck Hagel as Next Defense Secretary

(Junko Kimura/Getty Images)


WASHINGTON, D.C. — President Obama will nominate former senator Chuck Hagel to be his next Secretary of Defense tomorrow.


Senior officials within the administration and Capitol Hill confirmed the pick to ABC News today after the Nebraska Republican had emerged as a frontrunner among potential candidates several weeks ago.


Hagel, 66, is a decorated Vietnam veteran and businessman who served in the senate from 1997 to 2009. After having sat on that chamber’s Foreign Relations and Intelligence Committees,  he has in recent years gathered praise from current and former diplomats for his work on Obama’s Intelligence Advisory Board as well as the policy board of the current Defense Secretary Leon Panetta.


But the former lawmaker faces an upscale battle in the coming confirmation hearings in Congress; critics on both sides of the aisle have taken aim at his record toward Israel and what some have called a lack of experience necessary to lead the sprawling Pentagon bureaucracy or its operations.


Progressives have also expressed concern about comments he made in 1998, questioning whether an “openly, aggressively gay” James Hormel could be nominated to an ambassador position by then-President Clinton. Hagel apologized for the comments last month, adding that he also supported gays in the military – a position he once opposed.


Who Is Chuck Hagel? Meet Obama’s Top Pentagon Pick


The friction with his former colleagues has left a degree of uncertainty in the air going into the hearings. Today on ABC’s “This Week,” Senate Republican Leader Mitch McConnell demurred when asked whether he would support the man who, in 2008, he had championed for his candidness and stature in foreign policy.


“I’m going to wait and see how the hearings go and see whether Chuck’s views square with the job he would be nominated to do,” he told George Stephanopoulos.


Senator Lindsey Graham was more blunt in his opposition to Hagel on CNN. The Georgia Republican called Hagel an “in your face nomination,” and said he “would be the most antagonistic secretary of defense towards the state of Israel in our nation’s history.”


If confirmed, Hagel will join a crop of new cabinet members expected to join the president in his second term, including Sen. John Kerry, D-Mass., who was nominated in December to replace Hillary Clinton as Secretary of State.


ABC’s Elizabeth Hartfield and Devin Dwyer contributed reporting.



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Venezuela lawmakers elect Chavez ally as Assembly chief


CARACAS (Reuters) - Venezuelan lawmakers re-elected a staunch ally of Hugo Chavez to head the National Assembly on Saturday, putting him in line to be caretaker president if the socialist leader does not recover from cancer surgery.


By choosing the incumbent, Diosdado Cabello, the "Chavista"-dominated legislature cemented the combative ex-soldier's position as the third most powerful figure in the government, after Chavez and Vice President Nicolas Maduro.


"As a patriot ... I swear to be supremely loyal in everything I do, to defend the fatherland, its institutions, and this beautiful revolution led by our Comandante Hugo Chavez," Cabello said as he took the oath, his hand on the constitution.


He had earlier warned opposition politicians against attempting to use the National Assembly to "conspire" against the people, saying they would be "destroyed" if they tried.


Thousands of the president's red-clad supporters gathered outside parliament hours before the vote, many chanting: "We are all Chavez! Our comandante will be well! He will return!"


If Chavez had to step down, or died, Cabello would take over the running of the country as Assembly president and a new election would be organized within 30 days. Chavez's heir apparent, Maduro, would be the ruling Socialist Party candidate.


Chavez, who was diagnosed with an undisclosed form of cancer in his pelvic area in mid-2011, has not been seen in public nor heard from in more than three weeks.


Officials say the 58-year-old is in delicate condition and has suffered multiple complications since the December 11 surgery, including unexpected bleeding and severe respiratory problems.


Late on Friday, Maduro gave the clearest indication yet that the government was preparing to delay Chavez's inauguration for a new six-year term, which is scheduled for Thursday.


'CHAVEZ IS PRESIDENT'


Maduro said the ceremony was a "formality" and that Chavez could be sworn in by the Supreme Court at a later date.


The opposition says Chavez's absence would be just the latest sign that he is no longer fit to govern, and that new elections should be held in the South American OPEC nation.


Brandishing a copy of the constitution after his win in the Assembly, Cabello slammed opposition leaders for writing a letter to foreign embassies in which they accused the government of employing a "twisted reading" of the charter.


"Get this into your heads: Hugo Chavez was elected president and he will continue to be president beyond January 10. No one should have any doubt ... this is the constitutional route," he said as fellow Socialist Party lawmakers cheered.


The opposition sat stony-faced. One of their legislators had earlier told the session that it was not just the head of state who was ill, "the republic is sick."


Last year, Chavez staged what appeared to be a remarkable comeback from the disease to win re-election in October, despite being weakened by radiation therapy. He returned to Cuba for more treatment within weeks of his victory.


Should the president have to step down after 14 years in office, a new vote would probably pit Maduro, a 50-year-old former bus driver and union leader, against opposition leader Henrique Capriles, the 40-year-old governor of Miranda state.


Capriles lost to Chavez in October's presidential election.


"I don't think Maduro would last many rounds in a presidential race. He's not fit for the responsibility they have given him," Capriles said after the vice president's appearance on state television.


Chavez's condition is being watched closely by leftist allies around Latin American who have benefited from his oil-funded generosity, as well as investors attracted by Venezuela's lucrative and widely traded debt.


The country boasts the world's biggest crude reserves. Despite the huge political upheaval Chavez's exit would cause, the oil industry is not likely to be affected much in the short term, with an extension of "Chavismo" keeping projects on track, while a change in parties could usher in more foreign capital.


(Additional reporting by Deisy Buitrago; Editing by Vicki Allen)



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Football: Messi targets record fourth Ballon d'Or






ZURICH: Record-breaking Lionel Messi is poised to become the first player to win four successive Ballon d'Or awards on Monday, sealing his status as the greatest player of his generation.

The 25-year-old is the overwhelming favourite to see off the challenge of Barcelona teammate Andres Iniesta and great Real Madrid rival Cristiano Ronaldo for the prize.

It will crown another landmark year for the Argentine who is the top scorer in La Liga this season with 25 goals having also broken Gerd Mueller's 40-year record for the most goals in a calendar year.

He finished 2012 with an astonishing 91 goals in all competitions.

But Messi has insisted that his scoring records will mean nothing if Barcelona do not go on to take La Liga title off Real or fail to win the Champions League.

"It's nice to beat records but the win for the team is what is important. My goals are to win titles with the team, the Spanish league, Spanish Cup or Champions League is more important than any personal records."

He remains just as modest when it comes to Monday's awards in Zurich.

"If Iniesta wins, it will be well-deserved for all that he has done, for the way he plays. Again, it will also be a prize for the dressing room."

Messi and former French star, UEFA president Michel Platini, are the only players to win three straight Ballon d'Or awards while Dutch stars Johan Cruyff and Marco Van Basten have also won three accolades.

Barca coach Tito Vilanova has no doubt that Messi will be a deserving winner.

"Leo's great quality is that he plays as if he still a child," said Vilanova.

"He was always good as a youngster and you didn't need to be a coach to say that. It was a joy to see him play as a 15-year-old and that continues now."

Portugal captain Ronaldo admits he would love to win but it would not be the end of the world if the prize went elsewhere.

"If I win, perfect. If I don't, never mind, life goes on. But obviously I'd love to win. I'm not going to lie or be hypocritical," said the 27-year-old Real Madrid forward.

"Fair or unfair, the decision will be what it will be... I'll maybe be very happy or maybe very sad. But that's life. I can't live according to an individual prize," the 2008 Ballon d'Or winner added.

Other awards on Monday will see Vicente Del Bosque -- who led Spain to Euro 2012 glory and made them the first side to win three back-to-back tournaments -- in line for the best coach award.

He will be up against Real Madrid's Jose Mourinho and former Barcelona coach Pep Guardiola.

For women's player of the year, five-time Brazilian champion Marta goes up against US pair Aby Wambach and Alex Morgan.

- AFP/fa



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Windows laptop sales sink -- but that's just part of the problem



Will businesses and consumers spring for a Windows 8 hybrid priced at $849 that's powered by a relatively pokey Atom processor?

Will businesses and consumers spring for a Windows 8 hybrid priced at $849 that's powered by a relatively pokey Atom processor?



(Credit:
Hewlett-Packard)


Windows 8 PC sales aren't trending well, according to a new report. And consumers' addiction to low cost may be a factor.


A blurb on Friday from the NPD Group said
Windows 8 holiday sales continue to not impress.


"The launch of Windows 8...did little to boost holiday sales or improve the yearlong Windows notebook sales decline," NPD said.


More specifically, Windows laptop "holiday unit sales" were down 11 percent year-to-year, NPD said.


Want more deets? The average selling price of a Windows laptop rose a hair -- $2 to $420, NPD said.


Meanwhile, the average selling price of a MacBook rose almost $100 to $1,419 on a sales drop of 6 percent.


Upshot: Both Windows lappies and MacBooks saw a sales drop, but Apple made a $100 average selling price gain versus a couple of bucks for Windows.


Maybe a bigger part of the Windows sales problem is that the mix of systems has changed compared with the glory days of
Windows 7.


That is, Windows 7 was accompanied by a crush of ultracheap netbooks, according to an analysis at the Supersite for Windows -- which had some harsh words for netbooks.


"Many of those 20 million Windows 7 licenses each month -- too many, I think -- went to machines that are basically throwaway, plastic crap. Netbooks didn't just rejuvenate the market just as Windows 7 appeared, they also destroyed it from within," Paul Thurrott wrote.


"Now consumers expect to pay next to nothing for a Windows PC. Most of them simply refuse to pay for more expensive Windows PCs."


And, by the way, shipments of systems powered by Intel's power-efficient-yet-slow Atom chip -- the same class of processors used in netbooks -- are barely a trickle at this point. And to make matters worse, some, like the $849
HP Envy x2, are priced way above the $399 netbooks of holiday seasons past.

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