Welcome to the forum.
Unfortunately, you have posted to The Lounge, which is a place to discuss almost anything but technical stuff, at least as it relates to Adobe products. We don't mind helping out, if we can, but many of the forum "regulars" do not show up here, so you get fewer "eyes," and by the time most of us see the post, we have declared either "beer-thirty," or "wine-thirty."
I feel that our tireless MOD's will gladly move this out to the right technical forum for you, 'cause they know that the thread will quickly devolve into Snakes on a Plane, or similar, and that will be of little help to you. Do not be surprised when your thread lands out in the CS4 and Earlier, or the CS5 forum.
To help them decide, what version of PrPro are you working with?
Now, to start the ball rolling, how "wrong" is your Project/Sequence Preset? There might be more simple ways to help, or it might be some hand-work. It will just depend.
Please answer Hunt's questions so that we can better answer your question.
Thank you for the move. The thread will get a lot more traffic out here.
You can right click the titles individually, you can 'interpret footage', and then choose a more appropriate Pixel Aspect Ratio... what other settings do you mean when you say 'wrong settings'?
Sorry for the error in posting. The version is CS5 and the size is 1440 x 1080 when I should have sized it at 1080 x 720. Thanks for your help.
Open your current titles in the 'titler'...click on the little icon in the top left of the "Titler" window... create new titles based on the current titles, and choose the appropriate dimensions.
Thanks David- I understand.