Capitol mortgage ideas
The US Congress is abuzz with debate on how, or indeed if, Fannie Mae and Freddie Mac should act to help restore order to the troubled mortgage sector. Jayne Jung talks to some of the leading protagonists on both sides of the debate
Tempers are fraying on Capitol Hill, as debate intensifies over what role two government-sponsored entities (GSEs), Fannie Mae and Freddie Mac, should take to help stabilise the troubled US mortgage industry.
Several Democrat and Republican politicians are asking the entities to take on a larger role so that the economy can weather the ongoing credit crunch. Specifically, they are requesting that
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