Detailed text transcripts for TV channel - MSNBC - 20100417:14:39:00
Can't afford to pay the mortgage. the second thing i think is a nasty little four-letter word called debt that we often talk about. so many people have not just a mortgage debt but the credit card debt, student loan debt, they're paying for expensive cars so they've got auto loan, et cetera. when you have all those bills, combine that with the unemployment situation, you can't juggle it, can't make that house note. lastly, the fact that we have an ongoing credit crunched a the decline in home values means people who are under water on their mortgages or who owe more than the homes are worth ca...