Detailed text transcripts for TV channel - MSNBC - 20130806:20:22:00
Lenders orphan i may -- like fa mae or freddie mac. we've got to encourage the pursuit of profit but the era of expecting a bailout after you pursue your profit and you don't manage your risk well, well, that puts the whole country at risk. we're ending those days. we're not going to do that anymore. third principle is we should preserve access to safe and simple mortgage products like the 30-year fixed rate mortgage. that's something families should be able to rely on when they're making the most important purchase of their lives. number four, we've got to keep housing affordable for first ti...
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