Detailed text transcripts for TV channel - CNN - 20110209:14:32:00
House will offer white paper with three options to put before congress to figure out a solution how to get rid of these ailing, bleeding giants and have a healthy housing market. one option, get out of the mortgage market altogether. get the government out of the mortgage market with the exception of the fha which makes home loans available to poor people who otherwise would never get a loan. backstop loans in some cases. or backstop loans only during market stress. so now putting these three ideas out on the table, friday, they will. that will allow congress, republicans and democrats to try ...
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