Richard Shelby actually said...

But it seems to me that it makes no sense for Fannie and Freddie, in other words, the implied guarantee of the taxpayer, to have 100 percent, or close to it, of the mortgages in today's market.

Context

Shelby argues against taxpayer guarantees for Fannie and Freddie's mortgages.

04/17/2013

https://www.congress.gov...

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