Detailed text transcripts for TV channel - FOXNEWS - 20110923:17:19:00
What we really need, frankly, is we have 15 million homes, you know, underwater, right? that could refinance be right now. megyn: can you refinance if you underwater? >> you can't, but the fed, fannie mae and freddie mac could allow you to do that. if we could get that refinancing going because, megyn, everything in the u.s. economy is tied to our housing prices. megyn: yeah. and that hasn't moved. >> that has not moved and that, you know, people talk about various things, don't make it any more complicated. if we could refinance those, get a big stem, remember, last year we were in the same s...