This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep.
It is the wind that defines the strength of a hurricane. The storm is not a hurricane at all until the wind reaches 74 miles per hour. Hurricane Isaac's sustained winds were not much beyond that, so it was a Category 1 storm, not two, three, four or five. But if the winds define a hurricane, it's the water that can do the most damage.
Just to keep us up to date here on Hurricane Isaac, it's become a tropical storm and forecasters expect to downgrade it to a tropical depression by this evening. That is small comfort, though, to people facing the storm's strong winds and heavy rains. States as far north as Ohio could feel Isaac's effects.
But now to Tampa, where this evening Mitt Romney will formally accept his party's nomination for president.
Last night, though, the stage belonged to vice presidential nominee Paul Ryan. In a campaign, it often falls to the running mate to be the attack dog and Ryan sounded up for the job. It was also a chance for the rising GOP star to defend his own ideas.
Let's follow up on another story. Earlier this year, five big banks settled the so-called robo-signing case, admitting they rushed the foreclosure processes for thousands of homeowners. Now, those banks are working to forgive and modify $20 billion worth of home loans.
As NPR's Yuki Noguchi reports, yesterday was the first chance to look at how banks are handling this part of the settlement.
YUKI NOGUCHI, BYLINE: Joseph Smith's first full report wasn't due until November, but he was eager to keep the issue top of mind.