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as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we ll talk to economists from the left and right, and a spokesman for the uk banking industry. also tonight, it s a year since the us supreme court made its historic decision to reverse roe v wade, thus allowing american states to block women from accessing an abortion. anna collinson travels from florida to alabama to speak to medics and women. shejust told me, it s not going to make it. she got kind of choked up, actually, saying, i wish t ....
Mortgages are calculated in a very different way mortgages are calculated in a very different way from mortgages are calculated in a very different way from the mortgages are calculated in a very different way from the rates - mortgages are calculated in a very different way from the rates that i different way from the rates that are paid different way from the rates that are paid on different way from the rates that are paid on savings different way from the rates that are paid on savings accounts. i different way from the rates that are paid on savings accounts. as| are paid on savings accounts. as your are paid on savings accounts. as your correspondent are paid on savings accounts. as your correspondent alluded i are paid on savings accounts. as your correspondent alluded to i are paid on savings accounts. asj your correspondent alluded to at are paid on savings accounts. as- your correspondent alluded to at the beginning your correspondent alluded to at the beginn ....
So people understand, these are now being used, the money, as mortgage mitigation. foreclosure mitigation. foreclosure mitigation. we re spending more and more of your money to fix mortgages, to basically, when people decide they defaulted if they think it s too much and borrowing too much we re lowering their principal and their rates and finding a way to keep them in houses even if they shouldn t be there, because they can t afford them. paul: what kind of magnitude are we talking about? it s huge. just look at fannie mae shall they reported their 11 1/2 billion dollar loss, 11 consecutive quarterly loss. first three months of this year, 7 1/2 billion. of the losses. in impairments just due to the obama mortgage modification program. similar story to freddie mac, so the losses and the problem are getting bigger and important that people understand, this is not like aig or any of the other companies, the big banks we loan them money and nurse them back to help and aig w ....
So people understand, these are now being used, the money, as mortgage mitigation. foreclosure mitigation. foreclosure mitigation. we re spending more and more of your money to fix mortgages, to basically, when people decide they defaulted if they think it s too much and borrowing too much we re lowering their principal and their rates and finding a way to keep them in houses even if they shouldn t be there, because they can t afford them. paul: what kind of magnitude are we talking about? it s huge. just look at fannie mae shall they reported their 11 1/2 billion dollar loss, 11 consecutive quarterly loss. first three months of this year, 7 1/2 billion. of the losses. in impairments just due to the obama mortgage modification program. similar story to freddie mac, so the losses and the problem are getting bigger and important that people understand, this is not like aig or any of the other companies, the big banks we loan them money and nurse them back to help and aig w ....
So people understand, these are now being used, the money, as mortgage mitigation. foreclosure mitigation. foreclosure mitigation. we re spending more and more of your money to fix mortgages, to basically, when people decide they defaulted if they think it s too much and borrowing too much we re lowering their principal and their rates and finding a way to keep them in houses even if they shouldn t be there, because they can t afford them. paul: what kind of magnitude are we talking about? it s huge. just look at fannie mae shall they reported their 11 1/2 billion dollar loss, 11 consecutive quarterly loss. first three months of this year, 7 1/2 billion. of the losses. in impairments just due to the obama mortgage modification program. similar story to freddie mac, so the losses and the problem are getting bigger and important that people understand, this is not like aig or any of the other companies, the big banks we loan them money and nurse them back to help and aig w ....