Henry Cisneros: The nation underestimated impact of foreclosure crisis

Henry Cisneros, an American politician and businessman. He came into the national spotlight as the mayor of San Antonio, Texas, USA. A Democrat, Cisneros served as the 10th Secretary of Housing and Urban Development (HUD) in the administration of President Bill Clinton from 1993 to 1997. (Photo/ Latin List HBO)

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Henry Cisneros: The nation underestimated impact of foreclosure crisis: "A former Secretary of Housing and Urban Development, Henry Cisneros believes the banking sector has not done all they could in the foreclosure crisis

The debate over the real estate bubble and the consequential foreclosure wave that swept the nation has been reinstated as regulators announced an $8.5 billion bank settlement with 10 major banks led by regulators of the Office of the Comptroller of the Currency."

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