Detailed text transcripts for TV channel - FOXNEWS - 20161211:20:53:00
It's not just about public housing. hud also has something called the federal housing administration which has become the new fan any mae and freddie mac. it took over the subprime mortgage business. there's a ton of risk and carson has to address that risk. he doesn't have the housing background for it. i have no doubt he can learn about it t but that is a huge tk and urgent task. >> you think a lack of experience could be problematic for carson? >> i do. it's a huge sprawling bureauky, more than 8,000 employees and a web of public housing advocates, fair housing advocates. banks involved. a ...