On the recordMarch 30, 2011
The Republicans spent all last year telling us that they were just ready to take on this tough issue of what to do about housing finance.
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congress.gov“The Republicans spent all last year telling us that they were just ready to take on this tough issue of what to do about housing finance.”
Frank criticizes Republicans for their readiness to address housing finance issues.
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For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
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