FHFA Director: Congress Needs To Act On Housing Finance Reform

Acting Director of the Federal Housing Finance Administration (FHFA) and Fannie Mae/Freddie Mac conservator, Edward DeMarco, says conservatorship was not meant to be a long-term solution and expresses the urgent need for housing finance reform. (0:17)

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Frank: GOP Has Failed To Act To Eliminate Fannie and Freddie

Rep. Barney Frank (D-Mass.) criticized House Republicans for not acting to eliminate Fannie Mae and Freddie Mac. (0:08)

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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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