House GOP'er: Government Needs To Restore Mortgage Investor Confidence

Thursday

Nov032011

Thursday, November 3, 2011 at 4:28PM

Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, Rep. Scott Garrett (R-N.J.), emphasizes the need for legislation he proposed last week. The “Private Mortgage Market Investment Act” would eliminate the government bailed out Fannie Mae and Freddie Mac in order to encourage private secondary mortgage investments. (0:17)

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Fannie Mae,

fanniee and freddie,

financial services committee,

freddie mac,

housing crisis,

private investors,

private mortgage market investment act,

rep. scott garrett,

secondary mortgage investments,

subcommittee on capital markets and govenment sponsored enterprises in

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