Detailed text transcripts for TV channel - FOXNEWS - 20110212:15:23:00
Billion dollars back, probably mortgage rates will also increase, they'll be covered by homes and maybe come to the housing market, but the good news, silver lining is that we'll stop spending, 20, 30, billion a year, giving fannie, freddie, leeway to cut the market and basically divert all market activities, this is a good thing. >> caroline. i would agree with everything that eric says, it has bipartisan support and it finally gets the government out of the business of mortgage-backed securities, where ultimately, that's what it will do and yeah, i agree with eric, and we won't see that mone...