Detailed text transcripts for TV channel - CNN - 20100324:10:42:00
>> it's a mismanaged program. you need clarity about what the program is trying to do, make sure the servicers are allowed to find different ways of looking at all of the documentation of the people to make sure they have the right information verification there. also they need to work to minimize the rea defaults. all of that will spread out the mortgage crisis and so something needs to be done so the people can get out of the pain and move forward here. treasury saying it shouldn't be based upon -- their success should not be based upon permanent modifications. obviously there's issues. >> t...
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