Barney Frank: “I hope by next year we will have abolished Fannie and Freddie.”

We should have made it much higher, $125 billion or more, and we should have indexed it.

It was because they were banking crypto, not because they were insolvent.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

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…