Frank: Don't Lend Money You Don't Have
Rep. Barney Frank (D-Mass.) says risk retention in mortgage loans is necessary as a means of preventing mortgage lenders from making loans on capital they don’t have. (0:44)
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Rep. Barney Frank (D-Mass.) says risk retention in mortgage loans is necessary as a means of preventing mortgage lenders from making loans on capital they don’t have. (0:44)
Rep. Barney Frank (D-Mass.) criticizes Republicans for setting up an economic catch-22 by under-funding financial regulatory committees. (0:51)
Rep. Barney Frank (D-Mass) tells reporters Monday that America is paving the way for a good international set of standards that will govern the economy. (0:52)
Rep. Barney Frank (D-Mass.), Ranking Member of the House Financial Services Committee, describes the impact of an interconnected economy and how it contributed to a financial crisis worse than the Great Depression.(0:26)