Online Mortgages

Feb. 19 (Bloomberg) — Jay Brinkmann, chief economist at the Mortgage Bankers Association, talks with Bloomberg’s Carol Massar and Matt Miller about the outlook for U.S. mortgage delinquencies and foreclosures.
A record number of Americans were in danger of losing their homes in the fourth quarter, even as new delinquencies declined, the Washington-based trade group said in a report today. (Source: Bloomberg)

Duration : 0:3:55

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Scott Pelley reports on the mortgage crisis that’s far from over, with a second wave of expected defaults on the way that could deepen the bottom of the U.S. recession.

Duration : 0:12:30

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Twenty-three percent of mortgage-holders owe more than their home is worth. Ben Tracy reports on these “under water” mortgages.

Duration : 0:2:46

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