Christie admits NJ mishandled foreclosure program

Bill Ritter's daily take on the news.

October 2, 2012 1:48:31 PM PDT
Not often that New Jersey Gov. Chris Christie says he made a mistake - but that's exactly what he's done - after our investigation into a federally funded program that was supposed to help homeowners in trouble.

Hundreds of millions of dollars were earmarked for the program, but only $40 million was used to prevent foreclosures. You might remember Mr. Christie trying to quiet our investigative reporter Jim Hoffer last week when he asked questions about the program.

Now, the Governor acknowledging that, yes, the program should be active. And now he's making it so. But not before doing some trash talking about why he tried to quiet Jim at a news conference last week.

He said he thought Jim was interrupting a reporter from New Jersey. He wasn't. But here's what the Governor said: "I'm not going to let the home team get run over by the visiting team ? not just because he yells a lot. Not just because he's from a New York television station. That doesn't get you anything here."

The good news is that homeowners faced with foreclosure will now have some help. We'll have the latest, tonight at 11.

We'll also preview the big debate tomorrow night - and look at what each Presidential candidate needs to do.

Also at 11, Meteorologist Lee Goldberg is tracking the rain that's lingering in our area. And Laura Behnke, in for Rob Powers who is recovering from shoulder surgery, is following the Yankees, who could clinch the division title tonight. If the weather cooperates.

I hope you can join Sade Baderinwa and me, tonight at 11.


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