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« Frank: GOP Has Failed To Act To Eliminate Fannie and Freddie | Main | House GOP'er: Government Needs To Restore Mortgage Investor Confidence »
Thursday
Nov032011

We're Suffering The Sins Of The Past Of Not Pricing Risk, Says Lawmaker

Rep. David Schweikert (R-Ariz.) says the “failure to properly place risk” has lead to much of the downfall of the housing market at a House subcommittee hearing Thurday discussing new legislation that would eliminate Fannie and Freddie, in order to open the housing market to private investors. (0:21)

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