Emanuel Cleaver: “I think if Fannie and Freddie are to persist, either in government-sponsored form or in privatized form, we are going to…”

“I think if Fannie and Freddie are to persist, either in government-sponsored form or in privatized form, we are going to have to build into--we are going to have to let them have capital, first, to protect taxpayers against loss in either system, a cushion to absorb losses, and they are going to have to have skin in the game.”