Sub Prime Mortgageaudio & video

[6:21]..." payers have plenty to chew on today there are more concerns the sub prime mortgage crisis. He's going to cut into profits at bank of American regional banks like Cleveland's national city and oil rose more than "...

[6:28]..." managers of the first executives to face criminal charges related to the sub prime mortgage collapse. President Bush threatens to veto a four billion dollar foreclosure rescue that the Senate is debating today. This against the backdrop "...

[6:28]..." managers of the first executives to face criminal charges related to the sub prime mortgage collapse. President Bush threatens to veto a four billion dollar foreclosure rescue that the Senate is debating today. This against the backdrop "...

[3:24]..." This does seem like the tale that is told in the sub prime mortgage market as well. "...

[0:07]..." politically right now. Send you just -- a lot of problems with sub prime mortgage crisis and they've been holding on to a lot of debt that they can get rid of sorts continent have a lot "...

[3:56]..." now did not do its job. It in preventing the in the sub prime mortgage crisis that we're we're experiencing. And and so what secretary -- dismissive laid out a plan to. Consolidate some of the regulators "...

[0:06]..." that statement. Here in Massachusetts as a whole six point 2% of sub prime mortgage payments only by sixty days. In February 2005. In 2006 that number was nine point 1%. And by February of this year the number was up to 19%. Now on the on the -- impossible county. Five point 4% of sub prime mortgage payments were late but sixty days of February 2005. -- 2006 that number was nine point 1%. -- by February of this "...

[1:29]..." right now even -- Goldman Sachs which was not involved in the sub prime mortgage was down 6% sell it hurt mentality. So it is really get sit tight situation if you'd begin to cellular going to "...

[15:57]..." last summer. To conduct reviews are selected not depository institutions the significant sub prime mortgage operations. These -- will evaluate the company's underwriting standards as well as senior management oversight of compliance. The state and federal consumer "...

[0:28]..." this last year as we are developing regulations we saw -- a sub prime mortgage crisis that technique in. Begun to on be affected by the fact that so many of these two year or three your "...