Detailed text transcripts for TV channel - CNN - 20100324:13:08:00
Permanent setup. now they're saying there's a large number of defaults at risk here because people may still have issues with these and may still end up losing their homes, which is just crazy to hear about. so through february, if you take a look at where we are through february, 170,000 borrowers got permanent modifications. more than 1.3 million, though, were in those trial modifications. and the treasury says that 40% of the homeowners in the program may redefault, and the reason for that is because the program didn't factor in the total borrower's debt. so at this point, kyra, neil barofs...
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