Senator says regulators accountable on subprime

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WASHINGTON (Reuters) - U.S. Senate Banking Committee Chairman Christopher Dodd said on Wednesday regulators bear some responsibility for problems in the subprime mortgage sector and he plans to call them before the committee for questioning.

"That's what's made me angry here -- that the regulators apparently have not been doing as good a job as I think they should have been doing," Dodd told reporters after speaking at a U.S. Chamber of Commerce conference on market competitiveness.

"But we'll know the answer to that question as we bring them before the committee," said the Connecticut Democrat.

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The riskiest segment of the U.S. mortgage market, which serves borrowers with poor credit histories at high interest rates, has seen rising default rates in recent months amid falling prices and slower sales in the housing market.

At least 20 lenders in the subprime mortgage sector have gone out of business as a result

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