We want to give all those involved in selling mortgages an opportunity to understand and consider our proposals.

Also, banks seem less willing to sell mortgages at a discount.

It did not lend money, offer interest on accounts, issue credit cards, sell mortgages or charge for check overdrafts.

Despite a confrontation from Jim, Dave feels nothing and continues to sell mortgages to people who cannot afford them at another company.

Instead it wound up forced to sell mortgages below face value, losing billions.

Bank of America also had large gains from selling securities and mortgages ahead of an expected rise in interest rates.

Lenders, who sold mortgages soon after underwriting them, pushed risk onto investors.

Applies government regulations to all companies that sell mortgages.

I've sold mortgages like this to Wall Street types who know exactly what they're doing.

Q. What about the argument that the Government has been selling mortgages like these for years?