Obama Mortgage Modification Program News Today

So people understand, these are now being used, the money, as mortgage mitigation. >> foreclosure mitigation. >> foreclosure mitigation. >> were spending more and more of your money to fix mortgages, to basically, when people decide-- they defaulted if they think its too much and borrowing too much were lowering their principal and their rates and finding a way to keep them in houses even if they shouldnt be there, because they cant afford them. >> paul: what kind of magnitude are we talking abo...

So people understand, these are now being used, the money, as mortgage mitigation. >> foreclosure mitigation. >> foreclosure mitigation. >> were spending more and more of your money to fix mortgages, to basically, when people decide-- they defaulted if they think its too much and borrowing too much were lowering their principal and their rates and finding a way to keep them in houses even if they shouldnt be there, because they cant afford them. >> paul: what kind of magnitude are we talking abo...

So people understand, these are now being used, the money, as mortgage mitigation. >> foreclosure mitigation. >> foreclosure mitigation. >> were spending more and more of your money to fix mortgages, to basically, when people decide-- they defaulted if they think its too much and borrowing too much were lowering their principal and their rates and finding a way to keep them in houses even if they shouldnt be there, because they cant afford them. >> paul: what kind of magnitude are we talking abo...